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- Choosing the right accounting software: 11 Key considerations
Choosing the right accounting software: 11 Key considerations
and some recommended tools
Maziar Foroudian
February 28, 2024
Latest Stories
Choosing accounting software can be overwhelming but vital for efficient financial management. Find out how the right selection can streamline financial operations, track expenses, and empower decision-making. Learn eleven key considerations, from features to cost, usability to data security, and discover intriguing AI-powered tools. Get primed to make an informed decision!
Unlock your website's full potential with our comprehensive guide to improve conversion rates. Discover how meaningful insights, strategic practices, and smart tools can boost your customer acquisition, optimize ROI, and steer your business towards sustainable growth. Your journey to a high-converting website begins here!
In a major leap for the textile industry, Australian enviro-tech startup, Samsara Eco, in partnership with athletic apparel brand, lululemon, has pioneered an innovative recycling technology. This breakthrough could revolutionize the fashion industry by creating a fully circular eco-system, starting with the world’s first enzymatically recycled nylon 6,6.
Join us in celebrating Australia’s most innovative and progressive employers at Asuria's inaugural 'Employer Awards', revolutionising workforce recruitment and management. Stay tuned to find out who bags the honours.
Top Tools
Lex Machina: Unmatched legal insights for winning your case
Qalcwise: Revolutionizing business applications with no code
Tableau AI: Revolutionizing data analysis and decision-making
Top stories
Sunscreen brands Ultra Violette and Naked Sundays showcase standout branding and PR. However, Ultra Violette's superior SEO investment, reflected in higher rankings and search volume, positions them as the leader in the next generation of sunscreens.
SBA Administrator Isabella Casillas Guzman announced an increase in the Surety Bond Guarantee Program contract limits, aiming to aid small businesses in securing contracts, fostering economic growth and job creation. For more information, visit sba.gov/osg.
Australia
Despite a wide gender pay gap, some businesses are achieving pay equity. Chartered Accountants Australia and New Zealand boasts a 0.5% pay gap in favor of women. Pet Circle also reports a pay gap favoring women. WGEA calls for more businesses to take action.
LaunchVic has launched a $1 million MedTech Market Growth Program to support Victorian medical startups with funding and business advice. The initiative aims to boost the state's medtech sector, which already contributes $5.5 billion to the economy.
MYOB users in Australia will now use the Stripe system for payments, aimed at improving cash flow and customer focus. The move follows a rise in business payment defaults, highlighting the need for streamlined payment solutions.
Australian Economy
Coles CEO acknowledges the need to attract budget-conscious consumers amid increasing shopping around for better deals. Revenue increased to $22.2 billion in the first half of 2024, but profits fell due to divesting Coles Express. Grocery price inflation and competition scrutiny continue.
Assistant Minister for Competition Andrew Leigh calls for reform of planning laws to promote competition and prevent monopolies, citing barriers to entry in the supermarket industry. A Treasury-lead taskforce is reviewing competition policies to address market concentration and increased prices for consumers.
India
Happiest Minds Technologies, based in Bengaluru, introduced a new vertical-led structure with six industry groups aimed at reaching $1 billion in revenue by 2031. Each group will have dedicated teams with deep domain expertise, enhancing agility and driving innovation.
Survey data from Mercer's Total Remuneration Survey shows a 10% average salary increase expected for Indian companies in 2024, with sectors like automobile and manufacturing leading the way. Voluntary attrition rates are also on the rise.
World
Despite predictions of slowdowns and recession, the U.S. economy is set to thrive in 2024 with a forecasted 2.2% GDP growth. Strong consumer spending, low unemployment, and declining inflation are driving this unexpected economic boom. Fed officials may even raise their GDP forecast.
A recent report by Perceptyx found that over 40% of workers feel lonely at work, with remote work not necessarily to blame. Certain jobs requiring independent work and little collaboration tend to be the loneliest.
AT&T CEO, John Stankey, apologizes for mass outages caused by an incorrect process by the network on Thursday. Most affected customers will receive a $5 credit. Despite this, AT&T saw a strong 2023 and aims for continued growth.
The article highlights the U.S. CHIPS Act's aim to relocate semiconductor manufacturing to America from Taiwan due to security concerns. However, challenges such as the lack of skilled U.S. workers may hinder its success, impacting both economies.
Tech
Artificial intelligence has significantly influenced the stock market, notably in healthcare and finance. NVIDIA's dominance in AI technologies has driven its stock value up, showcasing the potential for AI to revolutionize various sectors.
Commerce Secretary Gina Raimondo revealed that over $70 billion in federal subsidies are requested by semiconductor companies, yet only $39 billion is available. Efforts to boost domestic production and reduce reliance on foreign sources are underway.
Curated for you
MIT's LIDS receives $1.3m grant from ARC for the Smart Grid Deployment Consortium, led by Kalyan Veeramachaneni. The project focuses on AI-driven generative models for grid modeling, benefiting rural utilities and energy tech startups.
Entrepreneurs like Dyson, Musk, and Rowling faced skepticism before success. Naysayers can fuel growth when criticism is transformed constructively. Research, focus, commitment, and learning are key strategies to persevere through doubts and achieve goals.
Morgan Stanley Wealth Management suggests diversifying geographically amid potential U.S. stock market correction, highlighting low valuations and yield differentials in non-U.S. equities. Investment opportunities seen in Europe, Japan, and select emerging markets. Hedge affordably.
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