Category: What’s New in Technology

Key Technology Trends in Accounting to Watch Out For in 2020

Technology advances continue to reshape industries and businesses – and the accounting industry is no exception. So far, a lot of repetitive tasks are performed with the help of advanced hardware and software. Even for businesses that do not like change, many find themselves making adjustments due to a generation change in the workforce, marketing … Continue reading “Key Technology Trends in Accounting to Watch Out For in 2020”

How to Stay Safe with Business Email Compromise on the Rise

According to a report by the Financial Crimes Enforcement Network (FinCEN) released in July, financial institutions have incurred more than $9 billion in losses due to Business Email Compromise (BEC) schemes since 2016. With such staggering losses, businesses and even individuals can’t afford to ignore BEC attacks. What is BEC? BEC fraud involves cyber thieves … Continue reading “How to Stay Safe with Business Email Compromise on the Rise”

The Rise of Biometrics Security and Why You Should Take Precaution

Biometric technology has been on the rise as it promises to make the authentication process more secure and convenient. Unlike passwords and key cards, biometrics are something you will always have, can’t share and can’t forget. This makes the biometric approach convenient and at the same time it has lower password management costs. Biometrics also … Continue reading “The Rise of Biometrics Security and Why You Should Take Precaution”

How the Accountant Role has Morphed with Technology, and What New Skills are Necessary

Accountants are no strangers to inventions. Known inventions such as the abacus, calculators and computers have helped complete tasks quickly and in less time. However, today’s technology is complex and is reshaping the world of accounting. Such new technologies include big data, cloud computing, artificial intelligence, block chain, payment systems, mobility and social collaboration, among … Continue reading “How the Accountant Role has Morphed with Technology, and What New Skills are Necessary”

How To Use AI For HR

There is a lot of new technology being used to automate functions and save money in large corporations, but many small organizations are shut out of those advancements. This is largely because of the cost, training, knowledge and resources it requires to take advantage of such new technology. But while small business owners might not … Continue reading “How To Use AI For HR”

 
 
 
 

 

 
 
 

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