Tag: avoid bookkeeping fraud

  • Why your bookkeeping practice needs an automated solution

    Why your bookkeeping practice needs an automated solution

    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 without error. Oh, and it is incredibly secure. Automated bookkeepers can now “read” bills and […]

  • Preventing Fraud in an SMB using bill payments control

    Preventing Fraud in an SMB using bill payments control

    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 businesses, fraud is the result of lack or absence of controls, which are exploited by […]

  • The ins and outs of reconciling your business credit card accounts.

    The ins and outs of reconciling your business credit card accounts.

    As a small business owner, we are confident in our thinking that you do not enjoy any form of account reconciliations, including credit card reconciliations. In August 2019, we posted a blog as part of our Bookkeeping series entitled, Bookkeeping 101 – Reconciling Credit Cards.  The response was amazing as we heard story after story […]