Most firms suffer during periods of economic decline – including startups. However, the changing conditions during recessions often present opportunities for smaller, more resourceful firms to outmaneuver larger competitors, who are either engaged in routine business practices or are unable to adapt quickly (except to downsize). That means your startup has an inherent advantage. Successfully… Continue reading How Your Startup Can Survive in an Economic Downturn
Application of Artificial Intelligence in Accounting & Finance The juxtaposition of Artificial Intelligence and Finance and Accounting has played a pivotal role in the sector’s digital transformation. AI has not only taken over repetitive bookkeeping tasks but has also delivered forward-looking insights to drive strategic decision-making. Machine learning models applied to data help in reducing… Continue reading Application of Artificial Intelligence in Accounting & Finance
As a business owner, you always try to stay on top of all the business functions in your company. However, there will come a time when managing all the finance and accounting related administrative tasks will become excruciatingly difficult for you.