article thumbnail

UK finance software isn’t making the grade

Accounting Insight

A quarter (25%) of CFOs surveyed rated their existing accounting software as ‘requires improvement’, while one in five (22%) rated it as ‘inadequate’.

Finance 59
article thumbnail

Ethical Concerns in Using Tax Planning Software

CTP

Artificial intelligence in accounting software is bringing new ethical challenges for professionals, their clients, and the public at large. A recent report by Acumen Research found that accounting professionals spent $1.5 A recent report by Acumen Research found that accounting professionals spent $1.5 5] Welch v.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five tech trends for small businesses in 2024

Xero

Trend #4: Carbon accounting the next frontier for compliance We’re well into the critical decade of climate action and pressure will begin to mount on governments and industries to reduce their carbon emissions to meet the IPCC’s 2030 deadline.

article thumbnail

The Technology Lab Podcast – Rapid Close Tools – Sept. 2023

CPA Practice

So these tools often have individual progress and deadlines for each period that they assign out to the accounting team. And it turns out a lot of accounting software platforms just don’t do a very good job of tracking that internally. Now, that methodology is repeated over and over again. That’s really what these tools do.

article thumbnail

Xero Highlights South Africa’s Late Payments Surge

PYMNTS

Reports pointed to South Africa’s National Development Plan, which aims to have SMBs generate 90 percent of its goal of 11 million new jobs in the country by 2030. .” Xero also calculated that small businesses waste an average of 89.5 working hours every year chasing down late payments.

article thumbnail

Best Invoicing Software for Small Businesses 2023

Snyder

But before getting deeper into the subject of invoicing software, every small business owner has to weigh up whether investing in a separate invoicing software is really more rational for their business than installing a comprehensive accounting software and accounting integration which already includes invoicing functions.

article thumbnail

Seize the Opportunity Around California and the SEC’s New Carbon Reporting Requirements

Cherry Bekaert

Globally, the near-term goal is to cut carbon emissions by 50% by 2030 to limit global warming to 1.5 Companies should also explore advanced carbon accounting software, data analytics tools as well as the appropriate carbon calculator to streamline their data collection and analysis processes. degrees Celsius, or 2.7