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How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8% And according to the Institute of Management Accountants and staffing firm Robert Half, more than 1 in 10 accountants in the U.S.

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Tech Can Help Accountants Have Hobbies Again

CPA Practice

But there is good news: as the accounting industry continues to embrace technology, this has included a shift toward automating and streamlining operations. Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management.

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Transforming GovCon Accounting with Technology

AccountingDepartment

With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors. However, technology has revolutionized business processes by simplifying accounting and ensuring DCAA compliance.

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A Guide to AP Automation Technology

MineralTree

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

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Xero Showcases New Tech and Integrations at Xerocon 2024 Conference in Nashville

CPA Practice

Small business accounting technology maker Xero opened its annual Xerocon event in Nashville, Tennessee, on Wednesday, hosting more than 1,000 accounting professionals, financial advisors, and business consultants. Xero chief product and technology officer Diya Jolly speaks to attendees at Xerocon 2024.

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Enrico Palmerino's Journey with Botkeeper and AI in Accounting

Canopy Accounting

They explore the intersection of accounting, AI, and technology. Enrico shares his journey from a young entrepreneur managing accounting challenges to founding Botkeeper, a platform dedicated to automating bookkeeping processes.

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How technology has impacted accounting—from compliance to strategy

ThomsonReuters

How has technology impacted accounting? From increasing accuracy to optimizing tax workflow to freeing up time for more value-added activities, technology has transformed the accounting industry—for the better. Accounting firm technology trends. Automation. accountants for more meaningful?work.