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Practical Advice
Things To Keep In Mind When Choosing Accounting Software For Any Company
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There is an abundance of accounting software on the market, and they are all different in their own way, just as every company is different. Some of their aspects will be essential to certain types of businesses, but the structure of each company also dictates the needs of the accountant and the business. The best way to approach selecting the right software is to think broadly and narrow down from there. 

 

Cost – Start Up and Continuing

First, it is essential to look at the cost of the software, not just the start up costs, but keep an eye on the costs for additional...

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Practical Advice
Selecting a Policy in Cyber Liability Insurance Cover
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Modernisation has transformed business operations as a result of the future internet transactions, technology, and social media. It also creates loopholes for cyberattacks by hackers, nation states, insiders, and criminals. It can result in a severe loss to organisations hence a need for a risk management plan. The popular risk mitigation method is by insurance, and this is where cyber liability insurance cover (CLIC) comes in.

CLIC are interconnected and may seem similar with covers from existing products such as professional indemnity, coverage for business continuity and issues of a...

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Trend
The Adoption of Electronic Invoicing in Organisations
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In recent years, electronic invoicing, also known as e-invoicing, has gained momentum in businesses as well as governments all over the world. Consequently, not a single year in the last decade passed without being declared the year of electronic invoicing breakthrough. The technology has even been recognized as an important development in Europe.

 

Implementing e-invoicing 

E-invoicing is not a new concept as it has been implemented successfully in many countries. However, there is need to further develop the process to increase the volumes of electronic invoices. 

European...

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