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The accountant-client relationship is a vital one for both individuals and large corporations. Having strong relationships with their clients is…
The accountant-client relationship is a vital one for both individuals and large corporations. Having strong relationships with their clients is how accounting firms remain successful. Technology is making it easier to foster these relationships and improve client retention. When accounting firms make a digital transformation, they become more efficient. These efficiencies can translate to better…
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Humans make mistakes. Unintentional human errors cost the accounting industry billions of dollars every year. According to a study by IBM, 95% of data breaches involve human error. There are five common human-centered errors employees, managers, and even owners make every day. While the majority of these mistakes are negligent, it’s important to remember that…
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Most people have heard the term VPN or virtual private network, yet not all accountants know precisely what a VPN is, how it works, and why they need one. The main reason is data security, but that isn’t the only reason accounting firms should operate with a VPN. Enhanced network management, functionality, and convenience are also…
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The finance industry is rapidly approaching a transition. The time to future-proof your accounting firm is now. In a field known to resist change, developing modern processes is required to remain competitive. In some cases, it will be necessary to make these changes to stay in business. A shift is lurking just around the corner….
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Whether a person has been working from home for many years or is new to remote work schedules, it’s essential to have the equipment needed to remain productive. There is a direct correlation between quality home office equipment, job satisfaction, and overall productivity. Long before recent global events that caused a rise in remote workers, more…
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Accounting firms must put in place effective cybersecurity measures to ensure their firms are secure. And staying up to date with cybersecurity technology is key to preventing data breaches. Once every 39 seconds, a successful cyberattack occurs, involving financial information used for nefarious purposes. Hacking is responsible for 45% of sensitive data breaches, and according to…
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