GST Reform The complicated GST slabs that gave headaches to small traders after the flagship tax overhaul came into effect, was cleaned up by the government today, leaving only two slabs — 5 and 18 per cent. The new structure will be implemented from September 22. For the common man, it means more money in… Continue reading Next Gen GST Reform
Author: Acqueena Joy
Cloud Economics
Cloud Economics Cloud economics refers to the principles and practices that govern the benefits, costs, risks, and returns associated with cloud adoption in enterprises. As digitization accelerates across industries, cloud adoption has shifted from being a forward-thinking technological choice to a critical necessity for survival, innovation, and growth. Enterprises are increasingly focusing on applying cloud… Continue reading Cloud Economics
Future of AI in Finance
AI is proving to be more than a buzzy technology fad and one of those rare advancements—like the internet and cloud computing—that promise to revolutionize the business landscape. For CFO’s and their teams, it couldn’t have come at a better time. “An omnipresent challenge finance leaders face is growing revenue while also expanding margins,” said Matt… Continue reading Future of AI in Finance
Benefits of AI in Finance
For financial institutions, AI lets organizations accelerate and automate historically manual and time-consuming tasks like market research. AI can quickly analyze large volumes of data to identify trends and help forecast future performance, letting investors chart investment growth and evaluate potential risk. Evaluation can also apply to insurance, where personal data can be harvested and… Continue reading Benefits of AI in Finance
AI In Finance
AI in finance modernizes the entire industry by streamlining traditionally manual banking processes and unlocking deeper insights from generated data, helping dictate how and where investments are made. AI is also changing the customer experience by creating faster, contactless interactions, including real-time credit approvals and improved fraud protection and cybersecurity. As AI evolves, so will… Continue reading AI In Finance
General Accounting Related features
Accounting is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results. Accounting has variously been defined as the keeping or preparation of the financial records of transactions of the firm, the analysis, verification and reporting of such records and “the principles and procedures of accounting” In NetSuite’s… Continue reading General Accounting Related features
How Corporate Tax is Managed in NetSuite
How Corporate Tax is Managed in NetSuite NetSuite provides specialized tools to handle tax obligations, including both transactional taxes (e.g., sales tax, VAT) and corporate taxes. While its SuiteTax module focuses on indirect taxes, corporate tax—based on profits—is addressed through the Corporate Tax Reporting module. This module is designed to automate and simplify the process… Continue reading How Corporate Tax is Managed in NetSuite