Counto

DECEMBER 15, 2024

The Ordinary Wage Ceiling Will Increase Starting from 1 January 2025, the CPF Ordinary Wage (OW) ceiling will gradually rise, with the full increase expected by 2026. Simplify Your Bill and Salary Payments with Counto BillPay Try Counto BillPay, your all-in-one solution for bill payments, spend management, and accounts payable.

Payroll 52

Payroll Budgeting Billing Accounts Payable 52

Nanonets

JUNE 15, 2023

US accounting services show that nearly 75% of accounting tasks can be automated. This could explain the high growth of the accounting software industry, estimated to reach $12 billion by 2026. In this post, we will cover the steps involved in accounting automation and some challenges of manual accounting.

Purchase Order 52

Purchase Order Accounting Accounting AR 52

AvidXchange

JUNE 28, 2024

billion in 2026, quadrupling from 2022. According to The Federal Reserve , at launch in July 2023, 35 financial institutions were participating in the FedNow Service Network. PYMNTS reports that real-time payment transaction volume is expected to hit $8.9 As of May 2024, that number had ballooned to 758.

AP 52

AP Financial Operations Financial Operations Accounting Software 52

AvidXchange

JULY 13, 2023

Apply Reverse Mentorship A lack of digital skills in senior finance leadership could trigger 50% of unwanted staff turnover by 2026, according to Gartner. Most importantly, upskilling empowers employees to maximize the potential of their organization’s digital transformation efforts.

AP 52

AP Accounts Payable Accounts Payable Accounting 52

CapActix

OCTOBER 10, 2023

Its functionalities are geared towards managing diverse client portfolios, ensuring adherence to regulatory standards, as well as seamlessly handling payroll, expense reporting tasks, and various other accounting outsourcing services. By the year 2026, the global market for accounting software is projected to reach a valuation of $11.7

Accounting Software 52

Accounting Software Accounting Accounting Data Entry 52

CapActix

SEPTEMBER 21, 2023

To evaluate the effectiveness of accounting outsourcing services , here are some interesting industry statistics: The total outsourcing market in the USA for the Finance and Accounting market is estimated to reach 68.8 37% of businesses, especially small businesses, put accounting as one of the top business operations to outsource.

CPA 59

CPA Accounting Accounting Outsourced Bookkeeping 59

Nanonets

AUGUST 1, 2023

Let us, for example, see how document automation workflow can help the Accounts Payable Department in the procure-to-pay process – a routine business operation that involves a significant amount of paperwork, approvals, and routing. Projections indicate that by 2026, this market is expected to reach a value of $19.6

Data Entry 40

Data Entry Purchase Order Auditing Invoicing 40