Category: Accounting

Automation in Accounting Process

Manual Accounting process and its challenges Even today, in many firms the accounting process is manual, which involves repetitive tasks like Manual data entry into a computer, Manually reconciling bank statements, Paying suppliers one by one, Producing financial reports in a spreadsheet, and chasing after documents from your client. Different studies show that as much
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Helping FCNY Give a Pleasing Flute Buying Experience to Their Customers

In this conversation, we speak with one of the leading innovators amongst flute companies, flutist Julian Rose, Chief Executive Officer of the Flute Center of New York (FCNY).  For 40 years, the Flute Center of New York (FCNY) has been the largest seller of new and used flutes in North America, recognized for their expert
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How US Compliance Leverages Automation to Improve Project Billing

In our conversation with Tim Stevenson, Partner of Finance for U.S. Compliance, we discuss the different issues they faced in streamlining their company’s project billing. They came to DBSync to improve the timeliness and accuracy of their billing by automating their data workflows between Microsoft Dynamics and their accounting system, QuickBooks. Tim shares some of
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How SOX, FINRA, and Financial Compliance Impacts Data Backup and Retention

Public companies and financial organizations face many compliance requirements driven by external regulations or internal requirements. These have far-reaching impacts on IT’s data management and record retention strategies. To meet these mandates, publicly traded companies, their audit firms, wealth management firms and brokers need to keep abreast of requirements while minimizing the impact on DataOps
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