Blogs

Improvements on the international standard IFRS 18 particularly saw major changes related to revenue recognition and long-term contracts, which involved the small and medium enterprises in their financial reporting on their activities. The standard deals with revenue recognition from its inception in large companies or to the insurance sector, but it permeates the SMEs as […]

While many organisations are adopting multi-cloud strategies, managing security in various clouds has become cumbersome. While using multiple cloud providers provides flexibility and scalability for businesses, it can also present security challenges requiring holistic strategies to reduce risks, maintain compliance, and visibility. Therefore, in this guide, we will elaborate on the several advantages of multi-cloud […]

Environmental sustainability has surged to the forefront of many businesses, for instance, those in the FMCG (Fast Moving Consumer Goods) industry. Countless face the increased pressure from both the government and consumers about the impacts of their manufacturing processes. As a result, businesses need to commit to their Environment-Social-Governance (ESG) goals.   Many fresh ideas are brought […]

Accounting software is always on the move, getting a new look, influenced by technological advancements, and adapting to meet the changing needs of organizations. Every business is always striving for greater efficiency, accuracy, and compliance in their financial processes, so several key trends are emerging. Here’s an overview of what’s shaping the market.   Cloud-Based Accounting […]

Endless rows of product components from multiple suppliers with fluctuating prices, varying invoice formats, and manual data entry and invoice handling processes leave manufacturing businesses with unique accounts payable (AP) challenges. A common thread among mismatched invoices, data errors, payment delays, and financial inefficiencies is tied to manual processing. These pain points hinder accurate financial […]

More than a quarter of the current workforce is Gen Z, and the statistics show they have already outgrown Baby Boomers1. Sooner or later, they will march into various leadership roles. The hospitality industry is no exception.   Many Gen Zers show a strong interest in the sector. Does the industry reciprocate the feeling? Not quite!  […]