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fnaskills · 10 months
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Traditional career paths have been disrupted by an increased push for efficiency throughout the industry, right from small traders to large multinational conglomerates. Accounts Payable Technology & Accounts Receivable Technology is growing stronger.
Automation that were beyond our imagination is now part of our day-to-day personal and professional life. So as technology is cannibalizing itself, what is relevant today is going to change completely in the near future.
Given the current economic downturn and stress in the world economy. There will be a huge pressure on everyone to increase the efficiency i.e cost reduction!
Finance and Accounting (F&A) is no different, this sector is horizontally cutting across all the industry and business verticals. Right from the Cashier in the small shop to the space research center…. Finance and Accounting is everywhere....more
For more details, connect with us at www.fnaskills.com. Whats App Contact: +91-8698-446-000
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fnaskills · 10 months
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Employee tenure plays a critical role in stable process delivery. When a majority of a team is less than one year old in the process, there is a high likelihood of process failure leading to client escalations. In 90% of cases, existing employees handle the workload until new hires are trained, as only in 10% of cases is a replacement employee hired on time. This leads to employee frustration and stress.
We conducted interviews of more than 200+ employees and supervisors from different SSC and BPO companies and discovered that nearly all of the companies stored their process knowledge in formats such as SOP-Word documents, PPT-based training material, and screen recordings in audio-video format. While these methods may have been effective 20 years ago, they no longer serve as engaging and efficient tools for knowledge retention.....more
For more details, connect with us at www.fnaskills.com. Whats App Contact: +91-8698-446-000
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fnaskills · 10 months
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In today's rapidly evolving business landscape, the role of technology in streamlining financial operations has become increasingly vital. One such area that has witnessed significant advancements is the accounts payable (AP) processes. Efficient management of accounts payable is crucial for organisations to maintain healthy cash flow and build strong vendor relationships. This informative blog aims to explore the various technologies available to working professionals and university graduates, providing insights into the benefits, challenges, and implementation strategies related to modern AP technology.
For more details, connect with us at www.fnaskills.com. Whats App Contact: +91-8698-446-000
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fnaskills · 10 months
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As businesses continue to embrace digital transformation, the role of accounts payable (AP) is evolving. AP management has come a long way since the days of manual data entry and paper invoices. Today, digital tools and technologies are transforming the AP process, making it more efficient, accurate, and cost-effective. And with the advent of artificial intelligence (AI), the future of AP management looks even brighter.
For more details, connect with us at www.fnaskills.com. Whats App Contact: +91-8698-446-000
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fnaskills · 10 months
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Accounts Payable (AP) is a critical function within an organisation's finance department. It involves managing the company's payments, ensuring accurate and timely processing of invoices, and maintaining vendor relationships. Careers in Accounts Payable can be an excellent choice for both working professionals seeking a new direction and university graduates looking to kick-start their careers. In this blog, we will delve into the world of Accounts Payable, exploring the job roles, skills required, career progression, and the benefits of pursuing this path.
For more details, connect with us at www.fnaskills.com. Whats App Contact: +91-8698-446-000
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fnaskills · 10 months
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Become a
Certified Accounts Payable Specialist
FnASkills is one of the premier F&A training & education providers for corporates and individuals who wish to grow their career in the Accounting domain in multinational companies. We have helped many young Accounting professionals to get trained, acquire certifications, upskill themselves.
Our Certification helps the Candidates to boost their Professional Growth like getting better job opportunities, promotions to their existing Company and many intangible benefits like growing the confidence & skills etc.
For more details, connect with us at www.fnaskills.com.
Whats App Contact: +91-8698-446-000
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