It’s often said that data is the modern-day equivalent of oil. Harnessing the power of your firm’s data can be extremely valuable. However, much like oil, data is only valuable once it is sourced and refined. Simply having data isn’t enough: to realize this data’s true value, businesses need the tools and technical expertise to …
A Complete Guide to Data Analytics Services in Kentucky and Indiana Read More »
The world runs on data. It’s what allows your business to continue to grow and deepen its roots in your industry. Without data, consistent growth is impossible. Data can be incredibly powerful for growth, but if not used properly it can also be a hindrance to your business. Understanding your data and asking it questions …
According to the U.S. Chamber of Commerce, the level of usage and data swirling around the internet is expanding at an accelerating pace. The amount of data on the internet globally during 2020 amounted to 3 trillion gigabytes; and 2022’s traffic is expected to increase to 4.5 trillion gigabytes. As a result, the U.S. Chamber …
How Businesses Can Stay Current with the Digital Economy Read More »
CEOs who lead with data-driven decisions are 77% more likely to achieve business goals. (Deloitte, 2019) Cloud analytics is the fastest growing BI segment, expected to expand to $65.4 billion by 2025. (MarketsandMarkets, 2020) Only 37.8% of businesses report being data-driven organizations. (NewVantage Partners, 2020) 73.4% of organizations see adoption of big data as an …
Uncover These 5 Data Insights and Make Business Intelligence Your Differentiator Read More »
Auditing is crucial to ensure the accuracy and fairness of financial information. However, one of the biggest threats to audit reputation today is data quality. This is because of the large volumes of data that businesses produce today. To deal with so much data, auditors are now turning to data analytics for improving audit quality. …
Audits in Accounting: Improving Audit Quality with Data Analytics Read More »
Business accounting activities can be tedious when performed manually and are prone to errors. For these reasons, many businesses have shifted to accounting software that offers numerous benefits, including data accuracy, time savings, easier auditing and on-demand reports. With so many available options, it’s overwhelming to choose the right fit for a particular business. As …
How to Choose the Right Accounting Software for your Business Read More »
Using data to make more informed business decisions is a no-brainer – especially for businesses that already have this data at their disposal. The challenge is that many businesses have this data, they just don’t have a simple way to collect and interpret it. And, without this, they face a major roadblock on their path …
IT Corner: What Every Business Owner Should Be Asking About Their Data Read More »
