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Bookkeeping

In-House Vs Outsource Accounting: The Difference

Outsourcing your accounts receivable process enables your business to gain a new perspective on their project and receive feedback they may not have received otherwise. A great example of this is the digitalization trend sparked by the COVID-19 pandemic. The trend forced many in-person service providers to adapt to easy-to-use technology to keep up with […]

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Accounting Transposition Errors: Bane of Financial Accuracy

By analyzing vast amounts of financial data, machine learning algorithms can learn to recognize patterns and flag transactions that deviate from the norm. This proactive approach to error detection means that transposition errors can be identified and corrected before they affect financial reports. From the perspective of a seasoned accountant, the emphasis on training is

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