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How to Improve Efficiency Across the Finance Department

MineralTree

This has been a major hurdle for finance departments in 2023 because many employees have switched jobs and careers due to the Great Resignation. Inflation Inflation and interest rates skyrocketed in 2023, placing additional pressure on finance departments to expand efficiency across their operations.

AP 91
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Increasing Productivity in Finance

MineralTree

Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency. In recent years, finance has been quick to transform various aspects of its operations and infrastructure.

AP 78
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Integrating AI into Your Finance Function

Nanonets

The need for AI in finance In traditional finance functions, companies often rely on manual processes, extensive paperwork, and repetitive tasks to manage their financial operations. These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management.

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SURVEY: CFOs Will Fuel Growth with Tech Investments, Not Increased Headcount

AvidXchange

The Controllers Council and Sage recently released the results of the 2023 Controller/CFO Sentiment Study , which surveyed 300 North American CFOs and controllers. Building on the lofty expectations, 48% of respondents expect increased profits in 2023, while only 17% expect decreased performance.

AR 52
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Efficient Invoice Management in QuickBooks: Tips for Accuracy and Timeliness

Outsourced Bookeeping

Efficient Invoice Management in QuickBooks: Tips for Accuracy and Timeliness Businesses may improve the accuracy, punctuality, and general efficiency of their QuickBooks invoice management processes by putting the following advice and suggestions into practice for their tax planning strategies in 2023.

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Best Payment Reconciliation software

Nanonets

billion in 2023 to $3.40 It can automate the retrieval of financial transactions from various sources in real-time, eliminating the need for manual data entry and reducing the risk of human error.  This not only ensures safer financial operations but also mitigates potential legal issues and fines.  

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Remote Accounting Services: Driving Growth and Profitability for Businesses

CapActix

How Remote Accounting Services Can Streamline Your Financial Processes? Traditional accounting practices generally include manual data entry, exhaustive paperwork, and tedious tasks. This enables faster and more accurate data entry, real-time reporting, efficient financial analysis, and better decision-making.