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What is Corporate Restructuring?
Corporate restructuring involves initiating changes that strengthen an organization’s financial position and improve its performance. The strategy is typically used when an organization requires effective solutions to ongoing financial challenges. There are many forms of corporate restructuring including debt restructuring, management reshuffles, operational streamlining, and ownership changes. The primary aim of any corporate restructure is […]
Managing Change in the Workplace
Managing change in the workplace is a process all businesses go through. It’s highly likely that some level of change has taken place in your workplace in the past year. Maybe there’s been a management restructure? Perhaps new company policies have been introduced? Or there’s been a merger between two departments leading to redundancies? The […]
The Best 9 Countries for International Expansion in 2024
International expansion offers substantial benefits for ambitious businesses: it opens doors to new markets, diverse customer bases, and fresh collaborations. Whether you’re a startup looking to explore new opportunities, or an established organization aiming to boost its global reach, international expansion is a strategic approach that can help achieve long-term goals. Identifying the best countries […]
Understanding and Accounting for Earnouts in M&A
Earnouts are a vital bargaining tool used to align the interests of the buyer and seller in Mergers & Acquisitions (M&A). Their purpose is to bridge valuation gaps between both parties and ensure additional compensation is paid if a business achieves predetermined financial targets after it’s sold. The implementation of earnouts can be complex as […]
Your Guide to Document Security
Your clients trust you with their financial and personal information and expect you to keep it safe and secure. In the wrong hands, that information could destroy your clients’ credit, wipe away their savings, and steal their identity. Here are four steps you can take today to improve your document security and better protect your […]
Introduction to Accounting Document Automation
What is document automation? Document automation is exactly what it sounds like—automating the creation of various types of documents at scale. Did you know that roughly 70% of workers say they spend 1-3 hours every day moving data from one place to another, and an additional 1-3 hours trying to find the information they need? […]
The Difference Between HR and Payroll
While some people may confuse Human Resources (HR) and payroll, the two teams handle different key aspects of your company. Here’s your chance to learn more about the difference between HR and payroll. What Is Human Resources Responsible For? The easiest way to remember what HR is responsible for is right in the name – […]
Beginner’s Guide to Billing and Invoice Processing
Billing and invoicing are central to your business’s success. Without a well-established billing and invoicing process, it will be difficult to get paid and maintain the cash flow you need. This quick, beginner’s guide to billing and invoice processing will help to get you started and headed in the right direction. 1. Forget manual invoice […]
How to Save Money with Outsourced Payroll
For some people, payroll is a necessary evil. It’s complicated; it has to be done perfectly every time, but it is one of any company’s most important functions to ensure their employees get paid. Outsourced payroll solutions simplify payroll. Here are three reasons you can save money by switching to outsourced payroll. 1. Spend time […]
Why Choose Cloud-Based Payroll?
Your family pictures are backed up on the cloud, but what about your payroll? Moving your payroll to the cloud can help streamline your company and get more from your payroll. Here are three reasons you should choose cloud-based payroll and how it can benefit you. 1. Reliability When you move your payroll to the […]
The Death of the Eight Hour Workday?
What was once a 19th Century socialist dream, the traditional 8-hour workday is in danger of becoming an outdated concept. The rise of remote working and less structured work patterns has led to far greater flexibility across multiple industries. So, is an 8-hour workday an outdated approach that ran its course a long time ago? […]
Navigate the Risks & Challenges of Global Workforce Expansion
Payroll year-end is a crucial time for accounting firms and payroll service bureaus. It involves a series of tasks that must be completed accurately and on time to comply with tax regulations and labor laws. This guide will walk you through critical tasks such as W-2 and 1099 preparation, tax reconciliation, labor law compliance, and more.
