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Talent retention in Southeast Asia: Accountants as valuable assets

Future CFO

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.

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Beyond the pandemic: How finance continues or kick-starts RPA implementation

Future CFO

For instance, invoice processing can be a very labour-intensive workflow. You need to prepare an invoice and send it to a customer. With the use of automation capabilities in handling invoices, administrative processes become seamless and smoother, especially for closing and servicing processes.

Finance 52
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APAC, North America Shine Through With B2B Funding

PYMNTS

According to reports, it’s the first time ShopX secured funding from someone other than Infosys Co-founder Nandan Nilekani, who has provided more than $19 million to the firm. Small business accounting firm freee , based in Japan, announced a $60 million Series E funding round this week, said reports.

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Sage Debuts Bot To Kill The Spreadsheet

PYMNTS

Manual data entry into spreadsheets is an outdated process for small business accounting and financial management, yet remains commonplace. SME accounting firm Sage looks to reduce the use of spreadsheets, but on Tuesday (July 26), the firm took its battle against the legacy tool a step further.

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Australia’s Late Payments Fight Shows The Limits Of Government Intervention

PYMNTS

Recent research from Australian small business accounting firm Xero and payments company American Express explored just how big of a stressor late invoice payments are on Australian companies. Analysts found that more than a third of outstanding invoices at businesses with between $1.5

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Late Payment Patterns, Procurement Via Facebook And The Paper Check Addiction

PYMNTS

590 billion in unpaid invoices are plaguing Chinese businesses , according to new reports from Bloomberg. The late payment problem in the country hasn’t been this bad since 1999, analysts added, with businesses waiting an average of 83 days to see their invoices paid off. All the data gets broken down below.

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. So you can understand what’s happening in your business and communicate effectively with your board members, donors, and financial team. with this overview of nonprofit accounting basics. . Accounts Payable.