Fraudsters and their patterns have transformed and evolved more than ever, in the wake of large-scale remote and hybrid workforce becoming the new normal. While new technologies are being deployed to make work and world…
If you ask any finance professional who is involved in account reconciliation process, you’ll understand that this is a mundane and a tedious task, spending hours matching payments and incoming transactions against your general ledger.…
While the innovation of technologies has become industry-agnostic, businesses across industries are looking for ways to boost operational efficiencies and drive business revenues. However, it’s quite surprising to see organizations still persisting with manual processes…
Manual efforts have become a liability in the last decade and things have gone haywire especially after the virus outbreak. The finance arena has been one of the worst hit industries as the threat over…
Over the last decade, the finance and accounting organizations are overwhelmed by massive increase in transaction volume, understaffed workforce, repetitive manual work, and large volumes of data. Eventually, the organizations have noticed an exponential increase…
Responsible for the most critical processes in an organization, the CFOs are under constant scrutiny and pressure to ensure efficiency, accuracy, and compliance in every operation carried out day to day. A regular day for…
The accounts receivable (AR) is perhaps the most instrumental process for any organization. The reason behind it is that inappropriate AR management could result in distorted cash inflows, which could eventually impact the ROI of…
