Nanonets

MAY 31, 2023

According to a Forrester survey, 98% of financial institutions believe that AI and ML can give them an edge and improve how they do business. This article explores the case for integrating AI into your finance function, the route to achieving it, and how your business can step change as a result.

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Future Firm

JULY 11, 2023

Yes, you will get a template for your staff accountant job description and an overview of the role in this article, but before I give this, I want to talk strategy with you. A staff accountant primarily serves as a key financial advisor and strategist, overseeing crucial aspects of financial management and various accounting procedures.

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Nanonets

MARCH 15, 2024

In this article, we dive into what actual AI automation looks like (and why it isn’t as straightforward). These tasks are activities like data entry, invoice processing, and financial analysis, which are crucial for decision-making, operational planning, and risk management. It is heavy on synchronous communication.

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Accounting Tools

AUGUST 3, 2023

This is not encouraged by the Securities and Exchange Commission , which mandates that the reporting of any non-GAAP financial measure must be reconciled back to an appropriate GAAP measure (such as net profits). Related Articles Earnings Before Taxes Net Operating Profit After Tax Non Operating Income Operating Profit Margin

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Nanonets

MAY 8, 2023

What are financial statements, and how do I get them? In this article, we will walk through answers to all these questions and more, so you can begin your business bookkeeping journey with confidence.   Bookkeeping is the process of keeping financial records for your business. How do I keep proper records?

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Nanonets

NOVEMBER 19, 2023

This article will guide you through the fundamental aspects of invoice settlement and provide practical tips to help you settle an invoice properly. Settlement of an invoice refers to the process where the balance of an invoice is reconciled. The key is ensuring the invoice settlement process is done correctly and efficiently.

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MineralTree

MARCH 30, 2023

In this article, we will discuss the challenges associated with franchise accounting and how AP automation helps solve them. In addition, multi-entity consolidations can be time-consuming and complex, requiring significant efforts to reconcile financial statements across various locations.

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AP Accounting Accounting Invoicing 79

AvidXchange

AUGUST 12, 2020

“The role of business advisor will result in more than 80% of an accountant’s revenue, as accountants can add a huge amount of value when they know the facts,” said Rob Nixon, an internationally renowned accountancy expert, in an Entrepreneur.com article titled Can Computers Replace Human Accountants? We Doubt They Can.

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Accounting Accounting Data Entry Budgeting 40

Nanonets

FEBRUARY 8, 2024

Management reporting, cash flow forecasting, and financial analysis modules give you a better look at how you’re actually doing and advise you on how to move forward. Users can categorize expenses, reconcile accounts, and generate reports all from QuickBooks. How do I find the right add-ons for my QuickBooks account?

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Nanonets

SEPTEMBER 21, 2023

Accounting problems  can create significant challenges for businesses, affecting their  financial flow  in the  US. In this article, we will explore common  accounting problems  faced by businesses and provide  solutions  to overcome them.

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