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How corporations save on customs and duties for import shipments

ThomsonReuters

Compliance is and will always be a key component of any well-run supply chain — after all, fall afoul of regulations and watch your organization pay stiff penalties, potentially risk costly delays, legal exposure, reputational damage, and even loss of trading privileges. trillion USD in total trade.

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The Tax Technology Transformation: Getting Started

ThomsonReuters

More accurate tax calculations are needed to reduce risk and exposure. Outsourcing isn’t working well and has become too expensive. understand why technological improvements are necessary. Below are a few resources to get you started in your tax transformation: Forrester Consulting Report: Total Economic Impact Study .

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Accounts Payable Outsourcing vs. AP Automation: Which is Better for Your Business?

MineralTree

Offloading and outsourcing AP tasks to avoid retraining teams or hiring more staff is another method used by finance teams to modernize their back office. Today’s blog breaks down the differences between automating and outsourcing AP, explaining the various reasons why teams opt between the two models.

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How accounting firms can leverage API third-party integrations

ThomsonReuters

Faced with increased client expectations and strained bandwidth, today’s accounting firms are in critical need of greater automation and streamlined workflows. So, what exactly is a third-party API integration and why is it important? In other words, an API is like a handshake between two different and separate applications.

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Future of Accounting: The 2022 Annual Guide

Ryan Lazanis

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. This guide will cover trends that are happening at this very moment and specific strategies that you can use right now to better prepare you and your firm for the future. Let’s go.

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