No matter what industry you’re in, accounting is one of those critical tasks that requires diligence and attention to detail. Needless to say, it’s not usually the favorite activity for most business owners or managers. Accounting for a construction company is even more complicated and often cumbersome. There are so many details, departments, and partners to consider that it’s a wonder anyone does it correctly at all!
6 min read
Accounting for Your Construction Company: Common Mistakes to Avoid
Topics: accounting mistakes construction accounting automated accounting solutions construction bookkeeping
18 min read
How to Overcome Top NonProfit Financial Challenges
Shocker: No one enters the world of nonprofits to make big money. In fact, the average salary for an executive director position at a nonprofit is around $61k, which is barely above the average income for US workers ($59,039). But thankfully, working at a nonprofit is more than a salary—it can be rewarding beyond compare and a real way to effect change. They say money isn’t everything, right?!
Topics: Ebook accounting mistakes Automated Bookkeeping nonprofit bookkeeping nonprofit accounting listen on the go
6 min read
Kigo Saves 40% on Bookkeeping Services
We recently had the pleasure of sitting down with Steve Hooper, Co-founder and CEO of Kigo Kitchen. Steve was kind enough to share a bit of his experience on bringing a new level of AI and automation into the organization by using Botkeeper.
Topics: Bookkeeping Small Businesses accounting costs accounting mistakes
2 min read
5 Reasons You Should Invest in Online Bookkeeping Services for Hire
Artificial Intelligence (AI) is poised to be the next big thing in technology. Several companies and startups are now developing AI to further advance the medical, marketing, accounting and communications field. Smarter virtual assistants such as Siri and Alexa were made possible—all thanks to the development of AI.
Since more companies now delve into the development of AI (to be used in different fields), investors are positive that the industry holds a lot of promise. But aside from venture capitalists, and individual investors, companies (especially startups) are also encouraged to make use of AI services as early as possible.
Topics: Bookkeeping Small Businesses accounting costs accounting mistakes
4 min read
How to Cut Accounting Costs by 50% with Automation—A Case Study
We recently had the pleasure of sitting down with Theodora Higginson Hanna, Co-Executive Director of Tech Goes Home out of Boston. Theodora (Theo) was kind enough to share a bit of her experience with bringing a new level of AI and automation into the organization by using Botkeeper.
Topics: Bookkeeping Small Businesses accounting costs accounting mistakes case study
3 min read
The Cost of Bad Bookkeeping
Bookkeeping. An often overlooked area in the business- and yet, it can dramatically affect the success or failure of the organization. Most business owners tend to back burner the accounting in lieu of the “here and now” items - such as sales, marketing, meetings, etc… and because of procrastination or lack of insight, some organizations suffer because of those mis-managed books.
Topics: Bookkeeping Small Businesses accounting costs accounting mistakes
2 min read
5 Ways to Avoid Bookkeeping Mistakes
It’s a necessary evil and a key component to your success. No one wants to spend their time doing it, but everyone knows procrastination isn’t an option. Bookkeeping! It isn’t a glamorous task but
Topics: accounting mistakes bookkeeping mistakes
3 min read
4 Times Accounting Mistakes Cost Big Companies Big Money
You’d think a degree in accounting and finance would be a requirement to help run a big company, especially as errors in financial spreadsheets can put millions of dollars at risk for these organizations. But if the four cautionary tales below are an example of how it’s normally done, it might seem that a degree isn’t required at all.
Topics: Ebook accounting mistakes
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