Top Five Trends Shaping Accountancy in 2023

Welcome back. Exclusively for you, here are the most-clicked articles from the Accounting Apps newsletter during w/c 11.6.23:

Top Five Trends Shaping Accountancy in 2023 | (Spotlight Reporting Blog)

As we move through 2023 and technology continues to advance, while businesses weather shifting economic tides, the world of accounting is undergoing transformation. Leaders in the industry are those that are leveraging the likes of cloud software, artificial intelligence (AI) and automation, data protection services, and visualisation technology, and also understand the growing need for advisory services. Check out these top five trends that can help firms improve their level of service, insights and reporting in order to gain a competitive edge and help businesses achieve notable success. 

Why You Need a Suite of Apps Rather than an All-In-One: A Comprehensive Exploration | (MinuteDock) 

In the age of digitalization, businesses and individuals alike increasingly rely on software applications for a myriad of tasks. Often, the decision boils down to selecting between an all-in-one solution or a suite of specialized applications. While all-in-one solutions might seem convenient and cost-effective, a growing number of experts argue for the adoption of a suite of apps. With that in mind, let’s take a look at 6 key reasons a suite of various apps might be better than the all-in-one option.

E-commerce Accounting: How to Use Xero for Inventory Management | (Amaka) 

As an e-commerce store owner, you’re aware of the impact proper e-commerce inventory management has on your finances, COGS, among other areas. Xero is an accessible accounting software that helps business owners to gain control and share insights across their businesses. Through using accounting software, such as Xero, e-commerce business owners can have a clear picture of inventory and accounts in real time to guide smart decisions that drive profitability.

Small Business Game-Changer: Unleashing Job Costing Software for 5 Powerful Insights, Maximum Efficiency, and Success | (WorkGuru) 

Job costing software is a game-changer—an essential tool that can transform the way small businesses operate. By unlocking the power of job costing software, small business owners can gain valuable insights, boost efficiency, and pave the way for success. This article will explore the transformative impact of job costing software on small businesses, providing five powerful insights that can propel your business to new heights. So, buckle up and get ready to unleash the full potential of your small business.

Square Cash App: How Does Cash App Work? | (Synder Blog)

Square Cash App is a mobile app for money transfers that users can download to their smartphone, tablet, or computer. The app allows for lightning-speed transactions, which helps its users pay people and get paid fast and efficiently. There are many ways in which you can use the Square Cash app. This article shows you some of the features available on the app and how you can benefit from them.

Which one of these highlights have you enjoyed the most during this week?