Emergence of Embedded Finance in 2023

Emergence of Embedded Finance in 2023

In simple words, embedded finance combines financial solutions with non-financial customer journeys. These solutions improve the customer experience and provide greater satisfaction. For example, as a customer, you can add insurance for a specific product during checkout on the e-commerce website itself. Embedded finance services include: This form of finance has increased in popularity because…

The Impact of Alternative Finance in 2023

The Impact of Alternative Finance in 2023

 Alternative Finance or Alt Finance refers to financial services and products that exist outside of traditional financial systems such as banks and capital markets. It include peer-to-peer (P2P) financing, crowd funding, revenue-based financing, and so on.  Alternative financing provides Individuals flexibility and variety of options. This has made alternative financing a very popular option among…

How Automation and Metaverse will change global work culture in the near future?

How Automation and Metaverse will change global work culture in the near future?

According to the World Economic Forum, automation and the Metaverse are the future. By 2025, tens of thousands of new job profiles will emerge as a collaboration between humans, machines, and algorithms becomes necessary. This revolution began in 2005 when Business Process Management was introduced (BPM). With the 2011 release of Apple’s Siri, the trend…

Effectively managing stress among finance and accounting professionals

Effectively managing stress among finance and accounting professionals

Managing stress in the workplace is a significant obstacle for finance and accounting professionals. According to a CABA study, the finance & accounting profession is amid a mental health crisis, with 31% of professionals experiencing daily stress, which is a significant concern for employers. What is stress? Stress is “the adverse reaction individuals have to excessive…

Will Cryptocurrency change the dynamics of accounting in 2023?

Will Cryptocurrency change the dynamics of accounting in 2023?

WHAT IS CRYPTO CURRENCY? A cryptocurrency is digital or virtual money protected by cryptography and traded over an internet network. It is not controlled or maintained by any entity, such as a government or a bank. Satoshi Nakamoto was the pseudonym used by the person or a group of people who developed the first bitcoin software…

7 Key Accounting Trends in 2023
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7 Key Accounting Trends in 2023

The Accounting Trends in 2023 is going to be interesting as well as challenging. In today’s world accountants don’t just balance the books; they also help senior management in making important business decisions. This shift in responsibility is mainly powered by the growing influence of technology in accounting. As artificial intelligence and machine learning become…