Online or virtual bookkeeping services are in high demand. According to QuickBooks, nearly 75% of the nation’s small businesses use their services, with another 6% using other accounting software applications. Small businesses are challenged by doing more with less and have embraced virtual services for their companies, such as payroll, technical support, marketing, and accounting.
Small Businesses in the U.S. The fiber of our country’s economy and business environment is made up of many small businesses. These companies and start-ups face very different challenges compared to their larger siblings. Challenged with the need for growth and the pressures of minimal expenses, small businesses are turning to outsourcing. These solutions take
At Expex, we have spoken for some time now on artificial intelligence (AI) and the impact it is having on the accounting profession. In a recent article on Quickreadbuzz.com, the author, Garrett Wagner CPA, CITP, CEO and Founder of C3 Evolution Group, addresses the underlying concerns of artificial intelligence and further explains the value and
First, we need to just simply embrace it! Artificial intelligence has somewhat of a bad rap regarding the perceived ousting of human beings and their jobs in exchange for cheap, free artificial labor. Let’s think about that for a minute. Artificial intelligence really isn’t your enemy, nor should it be feared. Automation and machine learning
Today is Valentine’s Day and from all of us at Expex we wish you and your loved ones a happy and romantic day. Wait, are you a bookkeeping service wishing us a happy and romantic day? Yes, we are and in the spirit of giving, we want you to understand your finances, streamline your accounting
Technology is everywhere today and changing at lightning speed. Children are learning on computers and tablets at an early age and professionals have conceded to automation, artificial intelligence, and technology as methods and tools of providing professional services. In an article posted on December 17, 2018 on Director of Finance Online (UK), the author, Jennifer
Here at Expex, we are all about artificial intelligence. We use AI to improve visibility into future cash flow and automate data capture from vendor bills. Combined together, our use of AI not only automates tasks, but brings valuable insights into the future of your business cash flows, allowing you to make better financial decisions.
Artificial Intelligence (AI) is mentioned throughout the day in the news and on social media. The word on AI is not always positive as some fear the impact AI will have on their business, their billing, and overall communication with employees and clients. In a recent article on business.com, “How AI and Automations Technology Can
Expex had our first summer intern this year. Minnie is a college student and has been instrumental in doing some research for us among QuickBooks users and how they perform bookkeeping and accounting tasks, specifically in terms of applications. Minnie has spent a great deal of time understanding expex and the impact artificial intelligence has
Accounting visibility. Have you heard the term? Technology can get a bad rap. Some think technology will replace people, and heaven forbid, artificial intelligence! Well it is what it is, and it is coming to your business. Technology doesn’t replace people, it affords them the ability to be more proficient and, in our experience, look