●    Today’s software solutions can deliver full-suite of cloud-based offerings on one platform to cover all business needs
●    Accounting software now exceeds core functions and through app integrations offers complete visibility of financial numbers

●    Firms switching from bricks-and-mortar set-up to online focus can target bigger potential markets, but also face many hurdles

●    SMEs should find local partners abroad and be aware of different global tax, privacy, data sharing and payment security rules

Success of modern practices depends not only on competence and foresight but also how fast firms switch to cloud accounting

When seeking financing, small businesses often require collateral as they are traditionally seen as high financial risk by major lenders

Many firms reliant on US and mainland China for supplies and sales feel increasingly vulnerable as dispute between nations intensifies 

Accounting digitalisation, direct e-payment access and cost savings by migrating to cloud can boost performance of SMEs  

Emerging digital ecosystems is the future of software and may account for revenues of over US$60 trillion by 2025

[Paid Post] The focus of the 2019 Hong Kong Budget on February 27 was on “supporting enterprises, safeguarding jobs, stabilising the economy and strengthening livelihoods”. 

[Paid Post] The number of start-ups in Hong Kong continues to increase. A report by InvestHK shows that last year, Hong Kong’s start-up ecosystem grew by 18 per cent, generating a 51 per cent surge in jobs created.

[Paid Post] Today’s business climate is an uncertain one. The trade war between the United States and China culminated in the rapid rise of inflation and an economic slowdown in many countries last year. 

[Paid Post] Cash flow management is the process of tracking how much money is coming into and going out of your business. It is something every business owner must master, as it gives you insight into your company’s financial health. In a nutshell, you would want to earn more than you spend. 

[Paid Post] Cloud computing is a massive global industry. Research company Gartner forecasts that the market will reach US$411 billion by 2020 – growing at a compound annual growth rate (CAGR) of 23.31 per cent.

[Paid Post] Cloud platforms and applications have become an integral part of the IT infrastructure of enterprises around the world.

[Paid Post] Accounting is the backbone of all companies, both big and small. It allows the owners to keep track of their finances and business performance, and conduct analysis and financial forecasting to plan ahead.

From public to private and hybrid, cloud technology and its adoption have grown exponentially over the past decade and along with that comes a slew of technical jargon that promises to confuse even the industry professionals.