What is a shared service center? A shared service center (SSC) provides support services for non-core business activities. SSC can also be defined as a centralised business function that caters…
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December 19, 2022
December 12, 2022
A poorly performing accounts payable (AP) process can hurt your bottom line. Businesses are trying to streamline their finance operations by embracing paperless invoicing and restructuring their internal processes to…
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November 21, 2022
Outsourcing has evolved into one of the most effective and tested business models. In fact, it provides a competitive advantage to businesses in the long run. Outsourcing helps you delegate…
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October 29, 2022
Pay-days are a happy affair. But the month-ends are a hectic period for HR and Payroll professionals. Setting up payroll for each employee, checking salary distribution, tax slab, and leaves…
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October 9, 2022
The VirtualMynd mobile app gives you instant access to the Mynd Automation suite, which includes tools (Finance, Accounting, and HR) for growing your business. The new mobile app will allow…
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October 4, 2022
Petty cash is the small amount of cash that a business keeps on hand to pay for any day-to-day expenses because payment of these small and day-to-day expenses is not…
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September 20, 2022
Accounts payable (AP) automation is used to eliminate manual and repetitive tasks in the end-to-end AP process. Automation helps businesses to receive invoices and process payments — all from a…
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September 15, 2022
A digital end-to-end accounts payable process is an ally for your business. Larger organizations have switched to paperless billing, processing, and payment methods; while smaller ones are catching up. The…
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June 15, 2022
Featured Snippet: Automation in the finance and accounting department, the computerized accounting software does the number crunching and transaction tracking. No one longer needs to build the complex ledger files…
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June 15, 2022
Featured Snippet: Direct bank interfaces for easy, secure, and quick salary payments, Payments on demand, Significant automation, Individualized employee experience, Workplace adaptability, Design conformity, Data insights, etc are some top…
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