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Transforming GovCon Accounting with Technology

AccountingDepartment

With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors. However, technology has revolutionized business processes by simplifying accounting and ensuring DCAA compliance.

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A Guide to AP Automation Technology

MineralTree

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

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Survey Shows Divide Among Finance Pros When it Comes to the Future of Finance

CPA Practice

The AICPA & CIMA have released their “Redefining Finance for a Sustainable World ” white paper, the latest iteration of their Future of Finance research program. A clear divide has opened up between accounting and finance professionals who work as business partners and those who don’t.

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5 Ways to Attract and Retain Talent in the Accounting and Finance Industry

Cherry Bekaert

Accounting and finance employment is projected to grow 4% from 2022 to 2032, with about 126,500 openings for accountants and auditors each year on average. 1 But attracting and retaining talent is proving difficult for several accounting recruiters and accounting talent acquisition specialists. retirement).

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The Power of AI for Accountants

Accounting Insight

Artificial Intelligence (AI) has certainly made its mark across a number of industries and the accountancy & finance sector is no stranger to the rapid advancements taking place. If used responsibly, AI serves as a powerful tool to aid Accountants, streamline their workload, improve accuracy and help them work smarter.

Account 52
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The Impact of AI on the Accounting Profession

CPA Practice

Influencer Marketing Hub replies with, “One of the biggest benefits of AI marketing technology is it can automate data-based decisions in an instant. Automating repetitive tasks, such as email drip campaigns, survey analysis, reporting, answering common questions, and more. Why Use an AI Marketing Tool?

Account 140
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Tips for Startup Accounting

Withum

As technology and emerging growth companies experience success, they find themselves in a position where their revenue is not the only thing growing. The accounting department’s staffing and sophistication now require an investment to accommodate these challenges. Scaling the Accounting Department. Centralized Accounting.

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