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The Most Accurate Receipt OCR Software in 2024 - Dext Blog | Dext USA

Receipt OCR (Optical Character Recognition) software is among the technological innovations that have emerged in recent years to support the work of accountants and bookkeepers. As the industry moves towards digitisation driven in no small measure by the governments’ initiatives – such as Making Tax Digital in the UK -, OCR receipt-scanning tools have become an integral part of the accounting automation toolkit.

For those unfamiliar with the technology, however, there may be some hesitation to

The Simple Guide to Hot Desking Systems

The shift towards hybrid working has left many offices oversized. Companies report needing 30%-40% less space than they did previously 1. But with most employees wanting to spend at least some time in the office every week, the equation isn’t that straightforward.

If employees can share desks based on who’s on-site and who’s at home, employers can reduce real estate overheads while still offering office space to all. But for hot desking to work, it needs to be easy for employees to navigate and

How You Can Implement AI for Bookkeeping in 2024 - Dext Blog | Dext

Is getting to grips with AI on your to-do list this year?

With AI trends in accounting among the hottest topics in the industry, you might be planning to investigate how the technology can save time or improve efficiency. Or perhaps you want to try out an AI-driven tool – but you’re not quite sure where to begin.

Incorporating a new technology – particularly one that’s unfamiliar – into your day-to-day workflow can be a big change. Whether you’re feeling overwhelmed by the amount of tools out

Customer concentration: everything you need to know

Customer concentration: everything you need to know

When it comes to the health of your business, a positive number on your balance sheet doesn’t always show the full picture. While it’s important to keep a close eye on how much revenue your business generates, it’s also crucial to look at where that revenue comes from.

This guide introduces the topic of customer concentration. It explains what customer concentration is, what risks it poses and the steps you can take to address high customer c

Best MBAs for consulting - McKinsey, Bain, BCG

For many MBA graduates, pursuing a career in management consulting is a natural next step after completing their studies. In this article, we provide a ranking of the best MBA programs for students who want to go into consulting and join one of the world’s top-3 firms. We also take a broad look at the MBA hiring landscape in consulting and provide some guidance on how to join McKinsey, BCG or Bain (MBB) as an MBA graduate.

What are the best MBAs for a consulting career? To identify the best MBA

About to hire your first employee?

Becoming an employer: what you need to know

Taking on your first employee is a huge milestone for you and your business. In the UK, any kind of business can employ people: sole traders and partnerships can employ anyone except their business owners, while limited companies can employ their directors as well as other individuals.

There are a whole host of different things you need to think about when you become an employer. Among other responsibilities, you’ll have to comply with tax legislatio

How Dext Helps Woodbridge Waterfields Expand its Services and Reach - Dext Blog | Dext

Woodbridge Waterfields Ltd supports a wide range of clients with audit, accounting, tax and advisory services. Founder Tariq Ally – qualified as both a lawyer and an accountant – was an early adopter of cloud technology and was quick to see the potential of Dext from its earliest inception.

Here, Tariq explains why Dext has been an integral part of the firm’s tech stack for over a decade and how it helps him to provide a more insightful, data-led advisory service to clients today. He also share

Accountant case study - Accountants 4 Contractors

Having worked with clients in the cloud for many years, Accountants 4 Contractors - an arm of Rodliffe Accounting Limited - decided to make the move to FreeAgent in 2018 to meet the needs of its growing client base of more than 600 contractors. In this case study, David Hughes of Accountants 4 Contractors reflects on how FreeAgent made the transition as seamless as possible and how the software helps Accountants 4 Contractors work far more effectively with its contractor clients.

Support every

What is distance learning?

Distance learning offers learners a huge range of benefits, including greater access to degree-level qualifications. If you’re thinking about joining a distance learning course but you’re not sure if it’s right for you, the information in this guide should help you decide.

We’ll explore what distance learning is, how it can help you achieve your goals and what you can expect from a distance learning course.

Put simply, distance learning is any kind of learning that occurs when learners are ‘at