Analytix Finance & Accounting

NOVEMBER 20, 2024

As we prepare to move into 2025, here are some restaurant accounting and bookkeeping trends that can simplify your financial management and help grow your business. AUTOMATING DAILY ACCOUNTING AND BOOKKEEPING Automation tools allow restaurant owners to streamline day-to-day tasks, such as invoicing, payroll, and expense tracking.

Accounting 52

Accounting Accounting Bookkeeping Data Entry 52

AvidXchange

SEPTEMBER 20, 2024

In August 2024, AvidXchange surveyed 500 finance leaders to learn more about their priorities and challenges heading into 2025. Sixty-six percent of our 2025 Trends Survey respondents said staffing shortages have impacted their accounting departments in 2024. Digital transformation is also driving change.

Data Entry 52

Data Entry Invoicing Accounting Accounting 52

NextProcess

OCTOBER 8, 2024

2) Facing Economic and Political Uncertainty Overall, surveyed CFOs are optimistic going into the end of 2024 and looking forward to 2025. You’ll be able to automate compliance for things like purchasing policies, payment record keeping, and invoice processing. per processed invoice compared to manual invoice processing.

Accounts Payable 52

Accounts Payable Accounts Payable Invoice Processing Collections 52

AvidXchange

SEPTEMBER 17, 2024

CFO reported on a survey that indicated 84% of CFOs face “significant” talent shortages that have caused them to reevaluate their approach to staffing. AvidXchange’s 2025 Trends Survey underscored this, with 66% of respondents noting that staffing shortages affected their finance department in 2024. economic growth and a 3.5%

Customer Service 59

Customer Service Data Entry Invoice Processing Financial Reporting 59

Nanonets

MAY 31, 2023

These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management. Manual data entry implies there is a high potential for inaccuracies, as human errors can occur when transcribing numbers or processing large volumes of data.

Data Entry 122

Data Entry Financial Operations Financial Operations Budgeting 122

Nanonets

OCTOBER 8, 2024

With the ERP market projected to grow to $50 billion by 2025, NetSuite integrations will only become more important, and the competition around NetSuite integrations will intensify. After processing, the data can be synced to NetSuite for consistency and accuracy.

Accounts Payable 52

Accounts Payable Accounts Payable AP Data Entry 52

Nanonets

MARCH 27, 2023

Automating healthcare document data extraction is an easy way to reduce the load. But, do you really need to automate medical document data extraction? By 2025, it is estimated that the United States will need to hire an extra 2.3 million new frontline healthcare workers due to inefficient data extraction from medical documents.

Collections 52

Collections Invoicing Data Entry Computation 52