Financial transaction processing is an arduous but important activity for a company. From the outside, people may perceive it to be just undertaking accounting transactions or maintaining and updating financial data. This may make the task seem simplistic. However, financial transaction processing is a key and necessary activity. The...
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Finance and Accounting Outsourcing is a very common practice nowadays. Business management understands that the internal accounting division may become expensive by keeping it in-house and after a while may not be the most effective practice. The most challenging aspect of Outsourcing Accounting Services is hiring a service provider...
Anybody and Everybody, everywhere is talking about COVID-19 and its impact. Even Boston has been impacted and most of the public places, schools and colleges have been closed. The city is encouraging people to take precautions and wear masks. In all this gloom, lets talk about Boston and its...
We are always doubtful about handing over our work to someone else which happens for many reasons, ability, deadlines, accuracy, quality, etc. Thus, small entrepreneurs are often very skeptical about outsourcing their tax preparation services. Today’s blog is all about busting the myths that you may have heard about...
Here we are to discuss about the positive possibilities of hiring a CFO for startups, small and midsize companies. For that, lets first understand what exactly are CFOs. The chief financial officer is the one who bears the responsibility for managing the company’s finances, along with the financial planning,...
Payroll processing is one of the most important processes. It is the most exhausting time for the HRs and the most anxious for employees as it decides how much they will finally get at the end of the month! So, there is no room for even a tiny error...
Accounts of any business are considered as its backbone! The mathematics of numbers is really the mathamagic of numbers that transform your business! Small firms, commonly known as “start-ups” usually outsource their accounting to an outsider and this outsider is known as Accounting Outsourcing Partner. This partner takes care...