In 1962, President John F. Kennedy famously declared that humankind chooses to go to the moon “not because it is easy but because it is hard”. But he may well have been orating about owning a business, because while going it alone into the exciting vacuum of entrepreneurialism is most certainly hard, it is also […]
5 cost cutting tips for the savvy CFO & CEO
Once upon a time, Paul McCartney sang: “Yesterday, love was such an easy game to play.” But he may as well have been crooning about trying to thrive in business in 2017. Because in contrast to the business world of yesterday, the economy is no longer predictable, competition is higher than ever, and technology is […]
Troubleshooting the top 10 outsourcing issues
In the drive to cut costs, boost efficiency, offload unloved and time-consuming in-house tasks and leverage external expertise, many CEOs and CFOs are coming to the conclusion that outsourced bookkeeping is a worthwhile idea to explore. Indeed, quality outsourced accounting is now regarded as a headline way to cut costs – but there are plenty […]
How will artificial intelligence affect bookkeeping in 2017?
The whole profession of accounting is at the centre of a technological revolution. It’s all about the rise of the machines. Just about every aspect of bookkeeping appears set to be changed by Artificial Intelligence technologies. Just how much of bookkeeping is likely to be disrupted? More than 85 per cent, according to a forecast by […]
Outsourcing vs. Rightshoring Your Bookkeeping (The Hidden Third Option)
Most companies now realise that outsourcing bookkeeping services is a way to focus on things that really matter to them. But many are still grappling with the question of whether sending work offshore is the right choice and, if so, how much to commit to an offshore solution. Many companies find themselves devoting resources to […]
Balancing Act – Which parts of your accounting team should you outsource?
Whether you are a small enterprise struggling to keep up with mounds of paperwork and changing tax regulations or a larger corporation looking to free up valuable staff time, outsourcing makes good business sense. For those businesses looking to relieve their accounting and bookkeeping staff of the time-consuming minutiae which inevitably eats into their day, […]