Learn the latest tips on how to maintain accurate and consistent financial reporting. Are you searching to understand the difference between the document date and the posting date when entering invoices in your Accounts Payable (AP)? Although these dates may seem interchangeable, they serve specific functions essential in maintaining financial health. We will explore their critical distinctions in detail here and provide you with tips on how best to manage them effectively.

While there is no denying that the last few years have been a hurdle for everyone, small businesses were especially impacted. On top of navigating the currently uncertain business landscape, there is an increased prevalence of failure in the first year of small businesses. Here are some challenges that every small business faces, and how you can conquer them:

 Application Programming Interface, or API, enables applications to easily communicate with each other. As opposed to writing code completely from the start, API provides developers with pre-existing operations to use. This has taken away the burden on developers of writing code from scratch and allows them to easily transform the value proposition of their application into reality. As the marketplace is becoming increasingly saturated, having a competitive advantage is key. APIs are an area that should not be overlooked by organizations.

Artificial Intelligence, still in its infancy, is a concept with many future possibilities. As society moves into a digitally dominated daily life. The idea of virtual employees, assistants, and even virtual existence does not seem so far off. This blog will talk about 3 trends that may emerge for advancing AI technology.

Organizations large and small are leveraging technology to help them overcome business challenges, enhance efficiency, and much more. When technology is used effectively it becomes a powerful tool used to help businesses obtain a competitive advantage. Many organizations pursue a digital transformation in hopes of reaping the benefits that apply to technological upgrades. In this blog post, we will share how you can analyze the skill sets of your employees to determine the technologies that will improve your workplace.

Nowadays, businesses are collecting more data than ever. The question now lies in how well they are using their data. Effective data management can give your organization a competitive advantage with stronger business insights that follow. However, Ineffective data management can cause the following damage to your business: inaccurate business decisions, loss of potential customers, and lack of productivity. In this blog, we discuss the negative effects of ineffective data management. We will also provide tips on how to correctly manage data to strengthen your business.

Business Intelligence is becoming ever more important for organizations. It can help harness the power of an organization’s data by reviewing, comparing, sorting, and reporting it in a way that is easy to comprehend. With business intelligence solutions, businesses can make more informed and actionable decisions. Of the benefits that can be reaped, businesses are able to streamline processes, automate tasks, increase productivity for workflows, and make more educated decisions. 

What is Business Intelligence?