The ability to flawlessly execute business operations is a critical determining factor of a businesses potential success. It is this flawless execution guarantees that the business delivers the services or products to their customers and meet their demands, all the while also maintaining a certain competitive edge over the rest of the industry. Previously, large corporations … [Read more...] about 8 Benefits of Cloud Accounting for Small and Medium Businesses
accountancy
5 Ways to Increase Your Start-up Valuation with Cloud Accounting
Cloud accounting is a great tool, not only for large businesses and organizations but also for start-ups. It is the process or financial strategy which helps businesses to store, monitor and process confidential financial data, without investing in expensive in-house IT server infrastructure. In the case of start-ups, Cloud accounting solutions bring in a whole plethora of … [Read more...] about 5 Ways to Increase Your Start-up Valuation with Cloud Accounting
How To Make Job Costing More Accurate With Big Data
Big data plays a significant role in human resources where data aggregated from millions of data points from across the industry can be used to interpret and formulate work policies that are more attuned to what your employees want. There are a number of big data analytics reports published today that analyze the various metrics that businesses must change in order to stay … [Read more...] about How To Make Job Costing More Accurate With Big Data
Data Valuation: Is Your Big Data Worth Zero or Trillions?
Almost every entity is, or is becoming, a digital enterprise. Todays information economy mandates nothing less. Entities are making tremendous investments in order to exploit the vast amounts of data Big Data that are constantly being generated by the Internet of Things (IoT), social media platforms, websites, and other sources. As confirmed by a recent Capgemini EMC Big Data … [Read more...] about Data Valuation: Is Your Big Data Worth Zero or Trillions?
Big Data Governance – Data, Algorithms and Auditors
In a previous post I introduced the topic of Big Data governance and that there are three different aspects that are part of big data governance: the data, the algorithms and the data auditors. I discussed accountancy as a metaphor, where accountancy is used within organizations for checks-and-balances, data governance should be used to ensure the data and algorithms are … [Read more...] about Big Data Governance – Data, Algorithms and Auditors