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Using Generative AI to Drive Corporate Impact

TechEmpower

TechEmpower has been instrumental in developing chatbots like these, utilizing generative AI to sift through internal documents and user manuals, enabling them to provide precise answers to customer service questions. It also facilitates rapid prototyping, allowing for quicker iterations and thus shorter development cycles.

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Understanding How Collaboration between HR and Finance Can Improve Business

The Startup Magazine

One key area where collaboration can make a big difference is between HR and Finance. Image source In this blog, we will explore how an HR-Finance collaboration can drive success for your organization and discuss some practical strategies for building effective partnerships between these critical departments.

Finance 128
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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

Michael Majeed is quick to note the vast numbers of new startups that launch each year on the Canadian landscape, and he’s keenly interested in helping young business owners make the most of their opportunities, especially when it comes to their finances. An accountant by background, he enjoys helping clients receive substantial tax refunds.

Finance 217
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How to Build a Robust Treasury Framework for Your Startup

The Startup Magazine

At its core, this framework is an organized approach to manage a startup’s finances while effectively mitigating risks. For startups, this means being cognizant of how daily operations, from production to marketing, impact finances. Liquidity forecasting isn’t magical, but it’s close enough.

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Extremely Valuable Tips for Creating a Financial Forecast During the Early Stages of an Entrepreneurial Journey

Up and Running

Creating financial forecasts and budgets are not typically how many entrepreneurs envision spending their time, but these tools are incredibly necessary. An accurate and thoughtful forecast can be time-consuming, but it will help you to make informed decisions regarding staffing and growth, and it will help you attract investors.

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3 Simple Tips From A CPA For Managing Your Online Business’ Finances

YoungUpstarts

Developing profitable products and services constitutes a major part of starting a business. However, other aspects such as forecasting and accounting are equally as important in ensuring that a business continues to grow. How to Properly Manage Your Online Business Finances Right from the Start. Be familiar with sales tax.

Finance 147
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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

Sudden payment of unaccrued tax, bonus, or commission liabilities (this is a common bookkeeping and forecasting error for small businesses.). If your business model is profitable but you’ve mismanaged one of the above categories, you need to build a 13-week cash forecast to manage your short-term crisis. Research and development.