Surprisingly, accounting inefficiencies, particularly in the areas of tracking, collecting, reconciling, and distributing appraisal fees, are costing some lenders tens of thousands of dollars, ...

Thanks to AI, the accounting profession is experiencing a significant shift. Researchers from Columbia University and elsewhere found that native AI agents within enterprise resource planning (ERP) ...

Busy business owners need automation to review the financial picture, not generate the data. Creating effective processes can generate efficiencies, streamline procedures, provide better reporting, ...

We've been hearing it for years, but especially in 2023 as generative AI rocked the world: Automation and artificial intelligence are here and they're coming for all the routine, mundane, repeatable ...

Accounting expands on bookkeeping by proving small-business owners several tools for managing their financial transactions. Bank reconciliations are a common accounting tool business managers use to ...

Interviews conducted by Forrester suggest that artificial intelligence (AI) has not yet helped transform finance, yet it is advancing rapidly in some areas. Audit analytics, procure to pay, order to ...

Accounting service companies provide a full range of services from payroll to collecting accounts receivable to bookkeeping and accounting processes. Small business owners are attracted by the ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Journals are created following the business rules and Chart of Accounts architecture for valid values to record and order financial information for management and reporting. Journals should contain ...