When determining what accounting software is best for your business, you will need to consider the size of your company (as measured by the number of transactions), the type of platform you prefer, the complexity of your business and what you are willing to pay. This is where SAS software for accounting can help you. […]
Creating accurate financial reports and projecting future earnings is one of the biggest challenges for any organisation. This challenge presents a host of problems because inaccurate financial reports can hurt budgeting and projections on future outcomes. With the right financial analytics software, organisations can generate detailed, accurate information more efficiently and improve their financial planning. […]
If you have been keeping up with the news, then you would notice that the finance industry is going through a rough period because of the shutdown. The finance industry needs to react quickly, channelling resources into different sectors and taking on new business models. Some businesses have been able to do that, while others […]
While we have touched on fraud and fraud detection in the past, the following blog post will explore fraud in the context of the banking industry, its challenges and how data analytics can combat fraud. Banking fraud is a tremendous cost to firms. Experts expect fraud to reach $31.67 billion by 2020, more money then […]
Banks record millions of transactions daily and these entries are real-time in nature. Capturing and recording such a huge chunk of data is a challenging job for bankers. Banking analytics birthed from sophisticated big data analytics software help banks by providing a platform where these transactions can be recorded systematically and analysed. Advanced analytics is […]