Accounting standards, or systems of accounting, are basically guidelines and regulations issued by governing bodies.

To combat these short-term and long-term challenges, forward-looking professional services firms are thinking outside the box to make their operating model sustainable and profitable.

Data indicates that an unprecedented number of employees have quit their jobs voluntarily since the early 2020s. The U.S. Bureau of Labor Statistics suggests that over 47 million workers have left their workplaces voluntarily in America alone.

Revenue forecasting is critical for businesses across industries. Accurate predictions enable an organization to set rational goals and improve resource utilization.

Time is the most valuable factor for any business organization. However, keeping track of employee time and project progress is one of the most challenging tasks for businesses today.