by Outbooks Global | Mar 6, 2021 | Insights
The journey towards achieving fair value standards has resulted in the loss of prudence and judgment in accounts outsourcing companies. Poor audits and troubled auditors have seeped into the very heart of the corporate system and rendered it dysfunctional. Further...
by Outbooks Global | Mar 6, 2021 | Insights
Automation has made its way into the world of accounting and has ushered in greater efficiency, redefining processes, slashing timelines and cutting costs. While automation in any industry attracts supporters and detractors alike, there is no mistaking the fact that...
by Outbooks Global | Mar 6, 2021 | Insights
‘In the midst of chaos, there is opportunity’ so said Sun Tzu. While the present situation in the world of accounting & bookkeeping services can by no stretch of the mind be likened to chaos, it is easily acknowledged as a state of flux. It is this constant state...
by Outbooks Global | Mar 6, 2021 | Insights
We are officially in the era of digital transformation where technology has greatly impacted audit processes. This has ushered changes that were hard to imagine as possible about a decade back. While the accounting profession has by and large embraced technology in...
by Outbooks Global | Mar 6, 2021 | Insights
The blockchain technology has been making rounds of the global market for quite some time now. When you first heard of the blockchain technology, it must have been in relation to cryptocurrencies, especially the Bitcoin. Blockchain gained momentum as the underlying...
by Outbooks Global | Mar 6, 2021 | Insights
Prelude: Over the past few decades, humans have used technology in the most innovative of ways to automate everyday chores and labour-intensive tasks. A quick glance into history reveals that automation has its origin somewhere back in the automobile industry, when...