Flexible working hours for remote staff schedules the path that permits staff to start out and end their workday after they wish. And after this pandemic, the situations have changed a lot. Now it's not necessary that every employee needs to be in the office to be productive. In many cases, managers are actively encouraging their employees to take advantage of flexible working opportunities.
Talent acquisition and retention are becoming the single biggest challenge to many accounting firms. Unfortunately, accounting firms find it hard to find the right staff who is qualified as well as experienced. Most of the leaders are approaching retirement and the need for new talent is in high demand. Growing hiring costs, salaries, compliances and benefits like insurance, payroll tax, professional training, etc. only make things more difficult.
Pandemic has modified the globe and it's time currently for remote working. No doubt, remote working has unleashed a Pandora’s box across each side of our lives. This includes the entire world of labor. Current state of affairs of home schooling and widespread remote working has been tailored by all. However, the situation is significantly different in these times and coronavirus has compactified all because it drives into economic decline of the market.
Thousands of firms globally are now incorporating offshore teams in their practices. We’re fortunate to count over 500+ of those firms as our clients. And what all includes in this 4C’s need to be clearly understood to integrate our onsite team with offshore teams.
Offshoring has become a well-liked trend during this feverish modus vivendi, and it's a win-win state of affairs for everybody. It permits CPAs a touch beyond regular time if somebody else is taking care of their routine work. Offshoring not solely helps in dominant value however additionally facilitates to enhance quality, decrease time-to-market and keep before competition, whether it's accounting services, payroll process, insurance services, knowledge management, legal services, or the other service. Accounts offshoring has been a looming trade in Asian nations like India.
Blockchain is an associate degree accounting technology. It's involved with the transfer of possession of assets, and maintaining a ledger of correct money data. The accounting profession is generally involved with the measuring and communication of monetary data.
Intuit is a $4.2 Billion global provider of business and financial management solutions for small businesses, accountants & consumers. Intuit started its operations from India in early 2005 located primarily at Bangalore of approximately about 3.5 lakh square feet with over 500 employees. The company scales its operations in various areas like Global Product Development, IT, Sales, Marketing & technology innovation. Intuit has one of its largest development centers in India along with its development center in the USA & Canada.
We’re excited to announce an exclusive partnership earlier this year with ‘Work Well Play More’ & Whitman Business Advisory. This affiliation will allow Small and Midsized firms to benefit from a joint effort to enable and provide training, tools, and access to other content as well as tools for helping all the small & medium-sized businesses with the global talent-hiring option.