Posts by Partha Nag
5 Practical Tips for Organisations Looking to Outsource Back-Office Functions
Outsourcing back-office functions can be a strategic move for many organisations looking to streamline operations, reduce costs, and focus on core competencies. Here are five practical tips to guide your organisation through the outsourcing journey successfully. 1. Define Your Objectives and Requirements IT is crucial to have a clear understanding of why you’re doing it…
Read MoreXERO or MYOB? Which is right for my business?
Cloud-based accounting is a game-changer. Live, secure, and easily accessible data redefines how businesses operate. Banking is directly integrated into accounting systems, streamlining reconciliations and slashing error rates. With the right permissions, Advisors can tweak accounting records on the go, ensuring precision for specific needs. This tech has reshaped accounting, making it more efficient and…
Read MoreKeeping it Balanced: Lawyer’s Guide to Accounting
As a lawyer, your focus naturally gravitates towards legal matters. Although having an understanding of accounting holds some importance, whether you work for a big firm or are a sole practitioner – You may need to handle the finances or client accounts and track the expenses incurred during your day-to-day work. In this blog, we…
Read MoreData Cleansing Techniques
What is Data Cleansing? Data cleansing is the process of identifying, rectifying, and eliminating errors, inconsistencies, and inaccuracies within datasets. It involves refining raw data, removing duplicates, rectifying formatting issues, and resolving any discrepancies to ensure the information is accurate, consistent, and reliable for analysis and decision-making. By ensuring data accuracy and reliability, data cleansing…
Read MoreImpact of AI in the Workplace: Improving Human-Centred Approach
The rise in popularity of artificial intelligence and automation has ushered in a transformative wave within our workforce. Let’s rewind to 2017, when the McKinsey Global Institute’s report offered a glimpse into the transformation of our workforce through AI and automation. This report painted a compelling picture: only a mere 5 per cent of occupations…
Read MoreTrust Accounting in Law Firms
Trust is the bedrock of any successful relationship, whether it’s between lawyers and clients or law firms and regulatory authorities. Trust isn’t just a desirable quality; it’s an absolute necessity. And within this sphere, trust accounting plays a pivotal role. This trust extends to critical financial transactions like retainer fee payments, personal injury settlements, or…
Read MoreSEO for Law Firms: Best practices for law firm marketing
Law firms can no longer solely rely on word-of-mouth marketing. It’s no secret that consumers like to do an initial online search for a suitable lawyer, checking things like their reputation and success rate. The visibility and perceived trust of the first few ranks give the firm more organic clicks from consumers. As a result,…
Read MorePayroll Software for Australian Businesses
These days payroll software are like a versatile tool that can connect with all the important systems in your company. It ensures that employees get paid the right amount of money at the right time, and you have the flexibility around payroll management. Most of the payroll system can handle different types of employees, like…
Read MoreHow to Streamline and Reduce Business Costs?
Managing and reducing costs can be the key to long-term success and sustainability. Whether you’re driven by the pursuit of generating higher profits or facing the urgent need to tighten your financial belt, the art of cost-cutting is a skill that needs to be mastered by every organisation. Reducing headcounts with sweeping changes can be…
Read MoreClosed Captions for Higher Views
From social media to e-learning platforms, videos are an effective way to engage and educate audiences. While videos may be visually appealing, they often fall short of making content accessible to all viewers. This is where captions come into play. Captions provide a text-based representation of the audio in a video, allowing individuals who are…
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