Looking back, it’s easy to conclude that 2022 has been a volatile and challenging year in world markets. But beneath that volatility, a transformation is taking place in the investment and accounting worlds. That’s the continued steady advancement and implementation of many significant new technologies. You may have seen these innovations firsthand. If not, prepare…
MI in Accounting: Forecast Future Trends
Is your business struggling to make the right business decisions? How about missing the resources to evaluate different situations? MI in accounting might be the solution your business needs. Management information is a key component of developing and implementing successful strategies and business decisions. Evaluating the components of MI in accounting, the benefits of implementation,…
The Cost of Upgrading Your Family Office To The 21st Century
2022 was a tough year for family offices. Portfolio values are down, interest rates have been rising and the main focus of many has been on controlling and even reducing operating costs and debt. Against this background, putting off the purchase of a new portfolio and partnership accounting and reporting system might seem a wise…
Global Supply Chain Risk Impact on Private Equity
Increasing conflict between Russia and Ukraine, labor shortages, and geopolitical concerns in China have driven up fuel costs, created new logistics restrictions, and continue to add to the supply chain disruptions many industries are facing. Despite many freight markets having minimal exposure to Russia, Ukraine, and China, indirect factors continue to plague the supply chain,…
Elon Musk Crypto Top 5 Predictions
Elon Musk has been one of the leading voices in the crypto space. His companies represent innovation, technological advancement, and maybe even the future of software. Musk is constantly thinking ahead, looking for ways to improve processes, and anticipating what could be in the future. Over the past few years Elon has been vocal in…
How Back Office Automation Tools Can Ease Your Daily Life
We are living in a revolutionary time when it comes to automation. With the evolution of AI and Robotic Process Automation (RPA), work that formerly was dreaded can now be handled swiftly and accurately by computers, with no complaints. Today’s digital workforce can help free you and your staff from these less-than-desirable tasks with more…
The Secret to Setting Up a Family Office Correctly
What are the key considerations when structuring a family office? With the continuous creation of significant affluence, new worlds are unleashed for families of ultra-high worth. There are tremendous opportunities, as well as challenges, both new and existing, that are directly linked to the complexities that this type of affluence puts forward. Why You Might…
Introducing Disruptive Technology to Your Portfolio Accounting System
Technology is transforming the way businesses keep track of their financials, consumers purchase products, and portfolios are tracked. Tasks that used to take hours of intensive labor now take a matter of minutes. Most industries now have technology worked into everyday tasks throughout the organization, from the factory floor all the way to the high-level…
If Your Software Provider Doesn’t Have a Valid Implementation Methodology, It Will Cost You
Successfully accomplishing a project depends on a variety of factors, including team members working together, straightforward communication, strategic goals, and a clear plan. When it comes to implementing a software program planning is a vital component that contributes to success. Understanding the basics of an implementation plan, the importance, the risks of foregoing a plan,…
