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Is it time to upgrade? Tips for changing accounting systems in 2025

Accounting Seed

Changing accounting systems can feel intimidating. Even if the legacy accounting system you currently use doesnt have the features, speed, or power you need, at least its familiar. Sometimes though, the benefits of switching to new software begins to outweigh the cost of learning a new system.

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Does My Accounting Software Meet DCAA Compliance?

Accounting Seed

You can make your life easier and guarantee smooth audits by using accounting software that helps government contractors meet DCAA compliance. Being DCAA compliant means the organization has systems and procedures in place to comply with the DCAA audit. The DCAA doesnt give accreditation or approval to these systems.

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What’s paralysing UK finance decision-makers with fear?

Accounting Insight

New research released today, by UK accounting software provider iplicit, has revealed that the fear of losing historical financial data is the major barrier to upgrading from legacy accounting systems. By sticking with legacy software, finance leaders are likely to be holding their organisations back.

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Top 10 Financial Considerations for Life Sciences Businesses Looking to Expand Into the United States

Withum

Selecting Accounting Systems to Support Scalable Growth Selecting the appropriate accounting system is key to ensuring you have timely and accurate financial reporting. accounting team, ensuring you have an accounting system that can support your business and growth allows for additional functionality and accuracy.

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How to Collect Cash Faster for your Business

Basis 365

Coordinate with Accounting: Keep the accounting team informed of project progress so they can invoice immediately upon milestone completion if they generate invoices. If operations generates the invoices, ensure the system automates the process if getting that invoice into the accounting system so it's on their radar.

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Top 6 Benefits of Outsourcing Accounting Services for Your Business in 2025

Analytix Finance & Accounting

And unlike hiring a single accountant who might be stretched too thin, outsourced services typically give you access to an entire TEAM of specialists. They implement comprehensive disaster recovery plans and backup systems to protect your data from potential loss. Why does this matter?

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Real Estate Accounting Best Practices: Ensuring Tax Readiness and Financial Success

Withum

By categorizing income and expenses into their respective categories, this chart allows you to track where your money is coming from and regularly going without having to comb through piles of receipts or manually input information into spreadsheets or other software programs. Automating financial processes can save time.