The changes brought about by the pandemic have resulted in deep learning for many accounting and bookkeeping firms, startups, and small and midsize companies (SMB). The businesses that survived have emerged stronger and resilient. They need to be diligent in their plans to ensure business continuity for 2021 and beyond. McKinsey, a leading management ... 
In a world where modes of communication have changed radically and online transactions are often completed on-the-go via mobile devices, it is vital for businesses, including startups and small to mid-sized ones, to ensure their websites are secure and adaptable to meet dynamic user needs. Web applications must be robust to meet expectations of ... 
Businesses across diverse industries bravely endure the COVID-19 pandemic. If they’re looking to stay open, a Harvard Business School report reveals an area that offers hope and even growth: food deliveries. The demand for food delivery remains strong even as restaurants close. According to the report, many of these food deliveries originate from recently ... 
Business taxes can be daunting for startups, small and mid-sized businesses who routinely face financial challenges and budget restrictions. The IRS website shares updated information on tax incentives to assist businesses, including provision of deferred taxes and business tax credits. It is vital to understand federal tax and filing schedules so that you stay ... 
Startup and small AV companies have played an important role since the start of the COVID-19 pandemic. The need for contactless communication and seamless meetings ensured that demand for AV technology, backed by reliable IT support, remained in focus. Adoption of digitization and newer opportunities A McKinsey study surveying the speed of digitization over ... 
As businesses gear up for recovery and rebuilding during the COVID-19 pandemic, consider these strategies that can help align your growing CPA firm with sustainability and growth. Smart, powerful digitization As some businesses struggle to remain afloat during the COVID-19 pandemic, there are other businesses that transitioned to operating remotely. As a result, these ... 
Most businesses have accelerated their digital adoption and digital transformation exponentially over the past few months. The goal is to enable operations to continue, even if on a reduced scale. A research published in May 2020 by Capterra reveals 50% of brick-and-mortar small businesses anticipated a significant decrease in revenue while only 21% of ... 
In the beginning of the COVID-19 pandemic, businesses that were equipped with some amount of digital capability managed to more easily adapt to remote working. A McKinsey report said that levels of remote working skyrocketed during lockdowns and were expected to remain higher than the levels seen before the crisis. The AV industry saw ... 
Small businesses offering AV services may face challenges such as ensuring they possess the correct and most relevant solution for a particular event or client requirement. Given the current environment brought on by COVID-19, client needs are dynamic and may even pivot. Small businesses that are faced with financial and resource challenges may find ... 
Mistakes in medical billing can jeopardize the reputation of your medical practice and hurt patient loyalty. The trust deficit created due to inaccurate medical billing can be irreparable. According to the 2019 Patient Payment Technology Report, based on a survey of 1000 U.S. healthcare consumers, only 33% of consumers expressed confidence in the accuracy ... 
Analytix, a leading medical billing solutions company, joins the Pennsylvania Association of Medical Suppliers (PAMS) as a gold member. The membership in this elite group enables Analytix to help independent HME and DME practices achieve high billing performances as well as drive solutions to the Pennsylvania HME industry. As the oldest state association of ... 
As most providers can attest, when running a healthcare practice, accurate patient billing is critically important. Billing errors can lead to severe consequences, including a loss in revenue, increased claim denials, costly reworking of claims as well as heavy fines and penalties. It is estimated that a staggering 80% of medical bills contain errors. ...