Evolution of Technology and the Impact on Accounting Software of Today We’ve seen several generations of financial accounting systems emerge over the last 4-5 decades. Initially, there were mainframe applications that only completed the most computationally intensive aspects of a financial process. High cost computing hardware drove a lot of the early specialization in application [&hellip ;]
Collecting on unpaid invoices can be a daunting task. It can be nerve-wracking trying to approach the conversation firmly enough to get you paid but delicately to not damage the customer relationship. “At the end of the day you’re owed money,” says Paul Donno, chartered accountant and director of Accounts Online. “They’ ;ve received your service [&hellip ;]
Download this year’ ;s Practice of Now 2020. This industry guide for accountants and bookkeepers provides industry analysis based on the interviews of thousands of stakeholders worldwide to take the pulse of the profession at large. This report is mandatory reading for any accounting professional. It provides an unparalleled degree of insight into their industry – [&hellip ;]
How long does it take for your customers to process your invoices and pay for your goods or services ? And how many awkward conversations do you have to have along the way ? It’s estimated that around 350 billion invoices are issued around the world each year. Sage’s own research reports that more than 1 in [&hellip ;]
Ahead of the upcoming Sage webinar ‘Managing Supply Chain Risk and Distribution for Distributors’ Sushil Arora, CEO Danica Imports, talks to Sage Advice about how the wholesale business leveraged technology to protect revenue, inform better business decisions and launch the direct to consumer channel. Like many Canadian businesses, the story of Danica Imports in 2020 [&hellip ;]
The Practice of Now survey has been capturing the thoughts and feelings of accounting professionals since 2017, and the latest version is now available. For the 2020 edition of the report, a new element was added : an additional qualitative survey from Coleman Parkes, which involved carrying out in-depth interviews with users of accountancy services. This [&hellip ;]
There’s little doubt that, as the coronavirus disruption of 2020 continues, many accountants have been walking alongside their clients for every step of the journey. Suddenly, accountants have found themselves superheroes of the economy because the help from governments and other bodies has been primarily financial in nature. They’ve both provided and explained the data [&hellip ;]
Receipts are a part of business life. Whether you’re running a business, holding client meetings offsite or you travel for work, those little documents have probably seen the inside of your wallet or shoebox. They’re integral to keeping track of your expenses and outgoings, of course. But paper receipts are also monuments to yesterday. They [&hellip ;]
