It is simple. The one reason you should outsource your bookkeeping is fraud. The news wires are full of stories detailing the losses to businesses because of fraudulent bookkeeping activities. In today’s local newspaper’s online feed, a story identified a…
Today, most bookkeeping is performed by humans, but with the advent of AI (Artificial Intelligence) and RPA (Robotic Process Automation), the future of bookkeeping is changing very quickly. Computers are taught how to perform bookkeeping tasks, …and they do them quickly and…
Fraud is something that most small business owners don’t like to think about and often think, “That can’t happen to me.” However, as we’ve previously discussed, it happens far more often than business owners would like to admit. In small…
Simply stated, we learn from each other. Open and honest discussion between business owners provides real life tales of running a small business. At Expex, we work within the small to medium sized business communities. Bookkeeping is such a critical…
In a recent article published by The Hartford on Small Biz Ahead, the author writes about fraud and employee theft in small businesses. Here are some of the statistics quoted in the article: “Here are some sobering statistics for small business owners: 75…