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Cloud Accounting: What You Need to Know

Cloud accounting software is becoming the norm as the go-to for accounting business practices and processes. Traditional, on-site accounting is becoming fairly outdated due to the delay in being able to retrieve data in real time. This makes it difficult for accountants and CFOs to be able to see updated data and minimize errors. Thus, cloud accounting has stepped in and has solved most of those issues for many different types of businesses.

What Is It?
Cloud accounting software is hosted on remote servers meaning that when someone is working with the software, they are working remotely in the cloud and not from their own computer. All data that is sent through is processed and managed in the cloud. This means that accounting data is accessible anywhere on any type of device that has an internet connection. This also means that data and reporting is provided in real-time, rather than having to process reports manually. Balances are always accurate and up to date, and errors are few and far between because anyone accessing the software will always be reviewing the most up to date information.

How Does It Help My Workflow?
The cloud also makes for a much more efficient work environment as cloud accounting software does not require individual installations on each employee’s computers. It creates an environment that allows employees in other departments or remote offices to be able to access the same data (that is available to them pending restrictions) that everyone else is accessing. These types of technologies also allow for the CFO to practice a more robust, strategic role by gaining better insights faster and by setting higher standards. New reporting fields can easily be added, and CFOs can identify new business opportunities. Additionally, system upgrades take minutes, rather than hours or days of updates and refreshes.

Is It Safe?
Accounting in the cloud provides equally secure, or even more secure, methods to store financial data as traditional accounting systems. There are many, many factors that can effect the security of traditional systems such as stolen computers, office closures, weather delays, and more. Accounting departments that use traditional systems are unable to continue working if any of these instances occur because the system is only accessible via the actual computer. With cloud accounting, there is minimal risk of interrupted work or stolen data.

Cloud accounting software will continue to become the driving force when it comes to accounting software. Many articles and research papers cite that CFOs are now requiring cloud-based solutions as they transition out of traditional, outdated accounting systems. It’s expected that we’ll continue to see robust, high-tech solutions with easy implementation and workflow.

Cloud Accounting: What You Need to Know

Tackle the Talent Shortage by Using a Recruiter

It’s clear that there is a recent talent shortage when it comes to filling jobs. For example, a quick Google search will display a plethora of news and search results all related to the talent shortage currently happening in the US. Many people wonder why this is the case, when so many people are looking for work, yet are unable to secure jobs. According to Forbes, there’s a talent shortage when employers can’t find people with the skills and the background they require, at the price they are willing to pay. That leads to the practice of unfulfilled jobs, a skills gap, and an increased time to hire. While this may seem alarming to those on the hunt for careers, there are ways to make the most of the talent shortage: by working with a recruiter.

The hiring process for companies who are really hurting from the talent shortage is lengthy and time-consuming. That’s why recruiters are so important to them, now more than ever. Recruiters will help the company connect with the most-qualified, most appropriate candidate, while saving the company time and money.

By working with a recruiter, candidates can feel confident and more comfortable in their interviews because they know going in, that the recruiter and company have determined that the skill set and experience of the candidate, is what they are looking for. Recruiters can save the candidate time and money too, not just the company. Going into an interview blind might not be the best way to set the candidate up for success. That’s why recruiters do everything they can to properly communicate with the candidate and the company as far as expectations and requirements go. Also, recruiters are constantly working on the behalf of the candidates and the companies to find the most compatible matches, whereas an HR department or a candidate might not be able to devote entire work days to securing the job. All of these tasks lead to saving time, money, and increases efficiency in the long run for both the candidate and the company. Lastly, recruiters can also help the candidate to understand negotiation tactics and market rates for someone with their skill set.

With the talent shortage at significantly high rates, recruiters are focused on staying up to date on the latest trends, tips, and tricks to help mitigate the shortage. At SNI Companies, we connect the right people, with the right positions. Use the talent shortage to your advantage and connect with a recruiter today.

Tackle the Talent Shortage by Using a Recruiter

Ways to Improve Your LinkedIn Profile That You Probably Haven’t Thought Of

With over 500 million members in over 200 countries and 128 million of those just in the US alone, standing out on LinkedIn has become more and more difficult. Complete profiles with professional headshots, quality recommendations, and well-written lists of accolades, accomplishments, and previous work experience is where you should start when looking for areas to improve your profile. However, if you feel confident that this information is at its best, there are still ways to boost your profile and make it more visible to potential employers.

Consistent Updates
If you’re happy with how your profile looks and how the content reads, force yourself to update certain things regularly. Circulating through professional headshots is a great start. LinkedIn profiles with photos get 21 times more views, and 36 times more likely to receive a message. Keep that in mind as you rotate photos periodically. Additionally, another great option to update on a semi-regular basis is your headline. Make sure it’s an accurate reflection of your job potential and/or current position.

Utilize Plugins
Plugins are a great way to incorporate LinkedIn functionality into websites. If you have a personal website, it’s highly encouraged to drop in the functionality there. That gives potential employers another great indication as to how thorough you are and gives them another way to find you. You can use this feature to help boost your own profile visibility or your company’s visibility.

Get Specific
As SEO continues to be an important factor in online job searches, keep that in mind for your LinkedIn Profile as well. Use strategic and specific words throughout your profile that could be included in your previous and/or current job responsibilities and in job titles. Add as much color to work experience as you can and get specific so that you stand out among the crowds. Elaborate on experiences and give examples as that can help potential future employers imagine how you would work in a role they are looking to fill.

Customize Your URL
If you haven’t already, consider customizing your LinkedIn URL. The auto generated URL is long and impossible to remember. Adjust your URL to reflect an easy to remember, professional option. It’s an extremely simple process that just takes a few steps. Once it’s updated, make sure you update any other place where your LinkedIn profile URL might be placed.

Maintaining your LinkedIn profile and making sure that the content doesn’t become stale is important to remember as you continue to optimize your page. After following best and basic LinkedIn profile improvement practices, attempt some of these suggestions, and you’ll start to notice improvements.

Ways to Improve Your LinkedIn Profile That You Probably Haven’t Thought Of