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In response to the talent shortage and the declining number of certified public accountants (CPA) professionals, many corporateaccounting departments are relying on professional services firms to fill the gaps. Key considerations center around the strengths and limitations of the organization’s current accounting team.
In the accounting space, that means integrations with enterprise resource planning (ERP), accounts receivable, accounts payable, procurement, banking and other portals. This is one reason why companies may choose to work with a firm like Codence to custom build accounting software into their firms.
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