Counto

JANUARY 11, 2024

Increase in CPF Ordinary Wage Ceiling (a) The CPF Ordinary Wage (OW) ceiling, which determines the amount of wages subject to CPF contributions, is set to increase from $6,000 to $8,000 by 2026. The first step of this increase has occurred on 1 September 2023, with subsequent increments scheduled to allow for a gradual adjustment. (b)

Payroll 52

Payroll Budgeting Tax Accounting 52

Counto

MARCH 4, 2024

However, the implementation for renewal cases will be delayed, with the new thresholds taking effect on January 1, 2026. Impact on Renewal Applications It’s essential to note that these revised qualifying salary levels will also apply to EP renewal applications.

Budgeting 98

Budgeting Financial Services Tax Accounting 98

Analytix Finance & Accounting

DECEMBER 5, 2022

billion by 2026, at a CAGR of 8.5% over the forecast period 2021 – 2026. Bureau of Labor Statistics projects that accounting is a stable field estimated to experience 10% growth through 2026. Why is tech adaptation an essential skill for accountants? Online reports say the Accounting Software Market was valued at USD 12.01

Accounting Software 52

Accounting Software Accounting Accounting Bookkeeping 52

Counto

FEBRUARY 17, 2024

Expansion of Wage Ceiling: Additionally, the gross monthly wage ceiling for PWCS co-funding will be raised from S$2,500 to S$3,000 in qualifying years 2025 and 2026.

Budgeting 52

Budgeting Tax Accounting Accounting 52

SSI Healthcare Rev Cycle Solutions

JANUARY 11, 2023

Upcoming CMS regulations will require you to be up and running with an electronic solution before the 2026 deadline in order to be eligible for incentive payments. The path to quicker, more accurate prior authorizations + ask the experts! Live webinar: January 17, 2023 1:30 pm CT. Get ahead of the game by automating your system now.

Revenue Cycle 75

Revenue Cycle Revenue Cycle Management Billing 75

Counto

APRIL 15, 2024

This ceiling will progressively increase to $8,000 by 2026. CPF Contribution on OW OW Ceiling: The Ordinary Wage ceiling is a cap on the amount of OW that can attract CPF contributions in a calendar month. As of 2023, the OW ceiling is $6,000, which is the maximum amount subject to CPF contributions.

Payroll 98

Payroll Billing 98

Xero

DECEMBER 20, 2022

HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. Apr 2026: MTD for ITSA – businesses, self-employed individuals, and landlords with income over £50,000. The new MTD for ITSA timeline. Here are the key dates you need to know when preparing for MTD for ITSA:

Tax 39

Tax Small Business Accounting XERO Corporation Tax 39

Counto

MARCH 24, 2024

billion by 2026. With its low start-up costs, minimal overheads, and simplicity to start, dropshipping offers an attractive opportunity for aspiring online sellers in Singapore. According to Statista, the dropshipping e-commerce market is projected to reach a value of US$476.1

Tax 52

Tax Invoicing Accounting Accounting 52

NACM

DECEMBER 20, 2021

from 2021-2026, according to IMARC's latest report, Trade Finance Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026. After experiencing moderate growth from 2015-2020, the global trade finance market is projected to grow by 3.7%

5

5

Invoicera

APRIL 10, 2024

Some critical country-specific rules: France: Since 2017, France has required e-invoicing for public administration suppliers, which will expand to all B2B by 2026 and 2027 via the Portail Public de Facturation or approved platforms. These must follow certain standards, including structured data and electronic signatures.

Invoicing 52

Invoicing Tax Record Keeping Invoice Processing 52

Counto

JANUARY 10, 2024

For instance, if your business’s financial year concludes in December 2021 (covering January 1, 2021, to December 31, 2021), you should retain records until at least December 31, 2026. T his applies even if your company has ceased operations. Where Should Company Records Be Kept?

Record Keeping 52

Record Keeping Tax Computation Invoicing 52

Xero

DECEMBER 20, 2022

Through this long-term partnership agreement, which will run until 2026, we’re aiming to build on increased interest in the beautiful game that will no doubt be supercharged by the FIFA Women’s World Cup 2023 held in New Zealand and Australia.

XERO 47

XERO 47

Xero

FEBRUARY 15, 2023

billion in 2026, according to IDC’s latest Worldwide Artificial Intelligence Spending Guide. Spending on AI systems (including hardware, software, and services) is set to rise in Asia Pacific from $20.6 billion in 2022 to $46.6

XERO 208

XERO Collections Financial Services Invoicing 208

SSI Healthcare Rev Cycle Solutions

JANUARY 13, 2023

Key takeaway : Although not final yet, hospitals will need to begin planning soon to be up and running with an electronic/automated solution before the 2026 deadline. Note: The PARDD API is “suggested” to be aligned with the Da Vinci project standards mentioned below.). Gold Carding and State Programs.

Revenue Cycle 76

Revenue Cycle Revenue Cycle Management Billing 76

Nanonets

JANUARY 12, 2024

billion by 2026. The introduction of applications that apply technologies such as Robotic Process Automation (RPA) , Artificial Intelligence , and Machine Learning to insurance workflows has greatly reduced the time and efficiency with which insurance organizations can service their customers.

Customer Service 59

Customer Service Data Entry Collections 59

AvidXchange

JULY 13, 2023

Apply Reverse Mentorship A lack of digital skills in senior finance leadership could trigger 50% of unwanted staff turnover by 2026, according to Gartner. Most importantly, upskilling empowers employees to maximize the potential of their organization’s digital transformation efforts.

AP 52

AP Accounts Payable Accounts Payable Accounting 52

RevCycle

MAY 31, 2022

2 million – projected shortage of support staff by 2026. This article from HFMA is a fantastic read on the topic with some of the most striking figures below: $40,000 – the average cost of turnover for a bedside RN position. 18.7% – 2020 RN turnover rate up from 15.9%

Revenue Cycle 52

Revenue Cycle Customer Service Collections 52

Billing Platform

MAY 18, 2023

billion by the end of 2026. It’s rapidly being adopted by subscription management organizations! In fact, a report recently published by Markets and Markets projects the market to reach $28.1 Does this mean that the guesswork associated with forecasting revenue will become a thing of the past?

Collections 52

Collections Billing 52

NextProcess

JANUARY 19, 2023

trillion dollar mark” in the middle of 2026. According to predictions from the Global Business Travel Association , “global business travel will almost reach pre-pandemic levels in 2025” and return to “the $1.4 As business travel returns to pre-pandemic levels, now is a great time to take a close look at your company’s T&E management.

Expense Reports 52

Expense Reports Collections Budgeting Auditing 52

NextProcess

JANUARY 6, 2023

trillion dollar mark” in the middle of 2026. According to the 2022 Global Business Travel Association predictions , “global business travel will almost reach pre-pandemic levels in 2025” and return to “the $1.4 Some companies may be growing and looking to digitize a paper system for the first time.

Expense Reports 52

Expense Reports Customer Service Auditing 52

CapActix

SEPTEMBER 21, 2023

Billion US Dollars by 2026. To evaluate the effectiveness of accounting outsourcing services , here are some interesting industry statistics: The total outsourcing market in the USA for the Finance and Accounting market is estimated to reach 68.8 billion US dollars (source ). The CAGR rate over the analysis period is 5.9%.

CPA 59

CPA Accounting Accounting Outsourced Bookkeeping 59

Nanonets

JUNE 15, 2023

This could explain the high growth of the accounting software industry, estimated to reach $12 billion by 2026. US accounting services show that nearly 75% of accounting tasks can be automated. In this post, we will cover the steps involved in accounting automation and some challenges of manual accounting.

Purchase Order 52

Purchase Order AR Accounting Accounting 52

SSI Healthcare Rev Cycle Solutions

FEBRUARY 6, 2023

Although these regulations have yet to be finalized, hospitals will need to start planning for the implementation of an electronic/automated solution in order to meet the 2026 deadline set by the CMS. This will allow them to receive electronic prior authorization communications from payers and be eligible for incentive payments.

Revenue Cycle 40

Revenue Cycle Revenue Cycle Management Data Entry Billing 40

Billing Platform

JUNE 18, 2023

In fact, the global market for online learning is expected to exceed $370 billion by 2026. Education The pandemic, in combination with the increasing cost of education, accelerated the rise of eLearning and this vertical shows no signs of slowing when it comes to offering courses on a subscription basis.

Billing 52

Billing Customer Service Financial Services 52

CapActix

OCTOBER 10, 2023

Its functionalities are geared towards managing diverse client portfolios, ensuring adherence to regulatory standards, as well as seamlessly handling payroll, expense reporting tasks, and various other accounting outsourcing services. By the year 2026, the global market for accounting software is projected to reach a valuation of $11.7

Accounting Software 52

Accounting Software Accounting Accounting Data Entry 52

Nanonets

AUGUST 1, 2023

Projections indicate that by 2026, this market is expected to reach a value of $19.6 The demand for streamlined communication, efficient resource allocation, and robust IT systems has further fueled the growth of the global business process automation market.

Data Entry 40

Data Entry Purchase Order Auditing Invoicing 40

SSI Healthcare Rev Cycle Solutions

FEBRUARY 24, 2023

CMS New Proposed Rule: Advancing Interoperability and Improving Prior Authorization Processes CMS-0057-P Providers that implement an electronic/automated solution before the 2026 deadline are eligible for incentive payments.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Data Entry Billing 52

Cloud Accounting Podcast

DECEMBER 14, 2018

140,300 new accounting and auditing jobs predicted by 2026 — Accounting Today — Approximately 140,300 new jobs for accountants and auditors are expected to be created by the year 2026, according to a new forecast. His mission? Preparing America for automation.

QuickBooks 40

QuickBooks Cloud Bookkeeping Bookkeeping Tax 40

Nanonets

AUGUST 1, 2023

By 2026, these technologies are anticipated to play a pivotal role in empowering organizations to effectively tackle intricate challenges and streamline their operations. A report by Forrester states that 39% of companies are currently leveraging low-code development to empower developers outside of the IT department.

Computation 52

Computation Collections Billing Invoicing 52