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The Impact of ChatGPT on Finance and Accounting

ChatGPT is an artificial intelligence-driven chatbot developed by OpenAI based on the GPT-3.5 architecture. ChatGPT was released to the public in October 2022, and has taken the world by storm. Using ChatGPT for finance and accounting can have both pros and cons. On one hand, ChatGPT provides accurate responses to complex financial and accounting questions swiftly. […]

Accounts Receivable and Business Collections Trends for 2023

Accounts receivable and business collections are essential components of any business. As the year 2023 approaches, new accounts receivable trends and collection strategies will become increasingly important to ensure a healthy cash flow and financial stability. This blog will provide an overview of accounts receivable trends in 2023 and discuss ways businesses can take advantage […]

6 Common Bookkeeping Mistakes Businesses Can Avoid

Bookkeeping is a fundamental aspect of accounting that is easy to make mistakes, especially for small and medium businesses that cannot afford time and consistency. So how do you improve your bookkeeping process and reduce the chance of mistakes in bookkeeping? Simple, you know them beforehand. As a leading remote accounting firm that specializes in […]

Looking for Best Restaurant Accounting Software? R365 Could Be the One. Here’s Why

Restaurant accounting software can automate repetitive tasks, offer seamless Accounts payable and reconciliation services and takes care of all the essential simplify the complex bookkeeping and accounting procedures. With the help of efficient restaurant accounting software, a restauranteur or manager will have greater visibility and understanding of the financial health to take the right measures […]

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