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Globe and Mail
30-07-2025
- Business
- Globe and Mail
IBN Technologies' Remote Bookkeeping Services Help U.S. Hospitality Businesses Improve Profit Tracking
"IBN Technologies' Remote [USA]" IBN Technologies provides remote bookkeeping services to U.S. hospitality businesses, helping hotels and restaurants track profits, streamline reconciliation, manage vendor payments, and maintain accurate financial records across multiple locations—without the cost and complexity of expanding internal teams. Miami, Florida - 30 July, 2025 - Hospitality operators—from hotels to restaurants and event venues—face constant financial pressure due to fluctuating occupancy, seasonal shifts, and rising vendor costs. Managing high volumes of daily transactions while ensuring financial clarity can overwhelm lean internal teams. To keep pace with these demands, many in the sector are adopting Remote Bookkeeping Services that support better visibility and control over profit margins. Rather than expanding internal headcount, business owners are opting for specialized financial support that adapts to the unique pace of hospitality operations. Companies like IBN Technologies offer bookkeeping services tailored to this fast-moving industry, helping streamline multi-location reporting, avoid compliance pitfalls, and maintain accurate financial records. These solutions enable operators to concentrate on customer service and business growth while ensuring their financials stay clean, current, and audit-ready. Want to understand how virtual bookkeeping fits your business? Schedule Your Free Consultation Today – Bookkeeping Is a Challenge in Hospitality Hospitality businesses often manage a mix of income streams—room bookings, food and beverage sales, events, loyalty programs—and a wide range of operating costs. Manual bookkeeping or disjointed in-house efforts can lead to errors in daily reconciliation, missed deductions, or unclear profitability across departments or properties. On top of this, business owners face strict compliance expectations around sales tax reporting, wage documentation, and vendor invoicing. Internal staff may not always have the time or expertise to maintain consistency at scale. That's why many hospitality companies now rely on remote bookkeeping services for accurate, dependable support—designed for their fast-paced environments. Hospitality-Focused Support from IBN Technologies With more than 26 years of experience in accounting and bookkeeping, IBN Technologies has partnered with hospitality groups across the United States—from independent hotels and restaurant chains to large resort operations. Their dedicated team offers end-to-end bookkeeping support through a remote model built for hospitality's dynamic workflows. • Daily sales reconciliation by department or location • Tip distribution tracking and payroll summaries • Accounts payable management for food, beverage, and maintenance vendors • Occupancy tax reporting and deadline tracking • Monthly P&L and balance sheet generation • Financial statement preparation to support audits or investor reviews Delivered through a secure, cloud-based online bookkeeping platform, IBN Technologies ensures transparency, data accuracy, and round-the-clock accessibility—no matter how many shifts or locations a business operates. Benefits of Outsourcing Bookkeeping for Hospitality Operators Outsourcing to a professional bookkeeper service gives hospitality leaders better control over finances while improving efficiency in core areas: On-time vendor payments and cash flow monitoring Accurate payroll expense tracking across seasonal shifts Error-free tax filings and audit preparedness Financial clarity across locations or departments Reduced stress during high-volume seasons or new property launches IBN Technologies offers scalable, real-time support to keep books organized—even as hospitality businesses grow or face fluctuations in demand. Success Stories from the Hospitality Sector Hospitality companies across the U.S. have experienced tangible gains by switching to IBN Technologies' remote bookkeeping services: • A South Carolina hotel chain reduced bookkeeping Accuracy in Deliverables by 99.99% after outsourcing daily reconciliation and payroll tracking • A New York–based restaurant group gained multi-unit financial visibility and shortened month-end closing time by 50% For many small and mid-sized operators, these improvements mirror the advantages of professional bookkeeping for small business—delivering big results without the overhead of an internal accounting department. Make smarter financial decisions start with the right plan. Review Pricing Now – Cost-Efficient Support Without Hiring Internally Hospitality businesses face unique financial pressures—from managing peak season cash flow to coordinating vendor payments and payroll across rotating shifts. Scaling financial operations internally can be costly and inefficient, particularly for businesses with slim margins or frequent staff turnover. This is where remote bookkeeping services provide a reliable and cost-effective solution. By partnering with IBN Technologies, hospitality operators gain access to consistent, industry-specific financial oversight that adapts to their business needs. Whether managing multiple hotel properties or streamlining accounting for a growing restaurant chain, IBN Technologies professional support ensures that financial data stays accurate, timely, and audit ready. This enables business owners and managers to focus on service quality, operational growth, and guest satisfaction—while having full confidence in their financial reporting. Related Services – About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 26 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Globe and Mail
15-07-2025
- Business
- Globe and Mail
IBN Technologies Delivers Offshore Bookkeeping Services to Strengthen USA Retail Operations
"Offshore Bookkeeping Services [USA]" Retail and eCommerce businesses across the U.S. are turning to offshore bookkeeping services to streamline operations, gain real-time financial visibility, and ensure regulatory compliance. IBN Technologies delivers specialized support tailored to the retail sector, helping companies reduce overhead, optimize cash flow, and simplify accounting workflows across digital and physical sales channels. Miami, Florida - 15 July, 2025 - Retail businesses across the United States are increasingly adopting offshore bookkeeping solutions to gain tighter control over finances while minimizing overhead. As retail operations continue to face the pressures of fast inventory turnover, seasonal variability, and rising compliance demands, offshore bookkeeping services provide a structured path to simplify financial management. With support for real-time tracking, reconciliations, and performance reporting, these solutions help retailers sharpen their decision-making while adapting to shifting market dynamics. Retailers with growing footprints—both online and in physical locations—are seeking greater financial visibility and depend on external service providers for clarity and consistency. Offshore bookkeeping partners play a vital role in streamlining vendor settlements, daily revenue summaries, and inventory oversight. Providers like IBN Technologies, a trusted bookkeeping services company, offer tailor-made financial services to help retail businesses remain accurate and responsive. With the flexibility to manage fluctuating volumes and deliver consistent outcomes, retailers benefit from reliable support that doesn't burden internal teams. Discover how streamlined offshore bookkeeping can power your retail growth. Start Free Trial: Retailers Turn to Offshore Expertise Amid Financial Process Challenges As the retail industry faces margin pressures and labor constraints, offshore bookkeeping is becoming a preferred option for business owners looking to streamline financial operations. For small businesses, common bookkeeping challenges —such as limited accounting knowledge, delayed reconciliations, inventory mismanagement, and payroll complexities—make in-house handling inefficient. Offshore solutions not only reduce overhead but also offer real-time insights, scalability, and relief from internal financial burdens. Yet, implementation remains key, as businesses must address system integration, workflow continuity, and secure data handling to ensure long-term efficiency. Many small retailers struggle with updated accounting practices and timely regulatory compliance. Accounts payable and receivable delays often lead to process inefficiencies. Inventory tracking mechanisms are often outdated or misaligned with actual stock levels. Inconsistent reconciliations lead to unreliable financial statements. Payroll complexities continue to increase with evolving staffing patterns. Cybersecurity gaps expose sensitive financial records to risk. To address these issues, small and mid-sized retailers are increasingly forming partnerships with offshore vendors who understand the operational intricacies of retail. Through outsourced accounting and bookkeeping, companies like IBN Technologies offer personalized support that reduces manual errors, reinforces reporting accuracy, and bolsters data protection. This allows retail businesses to remain compliant, focused on expansion, and free from routine financial burdens. IBN Technologies Delivers Targeted Offshore Bookkeeping for California Retailers IBN Technologies provides advanced offshore bookkeeping services developed to support the specific needs of retail and eCommerce companies across California. Drawing on over two decades of hands-on expertise, the company ensures accurate reporting, regulatory alignment, and insightful financial analysis—key elements for managing dynamic and high-transaction retail environments. Their offerings are designed to reduce administrative workload and create a smooth, transparent financial ecosystem. • End-to-end accounts payable workflows including invoice validation, vendor payment planning, and reconciliation • Accounts receivable processing to ensure timely billing, follow-up, and cash inflow continuity • Regular credit card and bank reconciliations for error-free financial tracking • Structured general ledger updates with timely entries to maintain audit-ready records • Payroll processing services inclusive of salary calculation, deductions, and benefits administration • Full financial reports—monthly, quarterly, and annually—covering P&L, balance sheets, and cash flows • Cash monitoring and forecasting to manage liquidity and improve financial foresight • Asset lifecycle tracking, including categorization, value adjustments, and depreciation records • Budgeting and forecasting to align fiscal plans with operational strategies IBN Technologies incorporates bookkeeping for small business software tools like QuickBooks, NetSuite, and Xero to integrate their services seamlessly with existing systems across California retail operations. This compatibility ensures fast deployment, uninterrupted performance, and enhanced accuracy. With a focus on expense tracking and compliance obligations, the firm's full-service bookkeeping model helps California retail businesses stay lean, informed, and ready for growth. Remote Financial Solutions Prove Effective for California Retail Brands Retail and eCommerce firms throughout California are now embracing online bookkeeping to gain sharper oversight and free up internal capacity. Equipped with professional skillsets and reliable systems, these services enable smoother operations, stronger compliance, and improved bottom lines. • Over 1,500 companies trust secure platforms designed for online bookkeeping for small business, achieving predictable and scalable performance. • Optimized workflows and disciplined reporting have helped many cut overhead costs by up to 50%. • A 95% client retention rate among top bookkeeping firms shows high satisfaction in retail, health, logistics, and tech sectors. • Service accuracy metrics consistently average 99%, affirming high standards in regulatory alignment and recordkeeping. With these measurable gains, remote services like those offered by IBN Technologies have become essential tools for retail financial management. Their solutions provide consistency, cost benefits, and deep operational insight that California businesses can rely on. Explore tailored pricing for offshore bookkeeping services today. View Pricing Options: Adapting to Change: Offshore Bookkeeping Drives Retail Efficiency The rapid evolution of both digital and physical retail spaces has intensified the demand for financial clarity and compliance-ready solutions. More organizations are turning into third-party experts for support in managing financial complexity and navigating evolving tax and regulatory environments. With structured, scalable services, IBN Technologies remains a go-to partner in this space. As more retailers turn toward offshore bookkeeping services, the benefits are becoming undeniable: reduced cost centers, improved accountability, and a stronger financial foundation for expansion. These services now represent a strategic investment in long-term sustainability and agile growth—far beyond their traditional role as operational aids. Related Services: Outsourced Finance and Accounting: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
RTÉ News
09-06-2025
- Business
- RTÉ News
Accountancy students count themselves best in the world
Four Irish accountancy students can count themselves the best in the world after finishing first and second in their exams. Elizabeth Howard and Aoife Mc Walters, both from Galway, achieved the highest mark globally in their Taxation exam, while Liina Rae from Rathfarnham and Gary O'Shea, from Bandon, were second in the world in their Performance Management and Financial Management exams respectively. All Association of Chartered Certified Accountants (ACCA) students at Dublin-based online and blended learning college, Accountancy School, they are amongst 15 accountancy students from the school to rank within the world's top 10 in their exams. Of 500,000 ACCA students, approximately 8,000 of whom study in Ireland, Elizabeth, Aoife, Liina and Gary were four of 27 fellow Accountancy School students to finish first in Ireland. All were recognised for their achievements at a ceremony in Dublin recently. Congratulating them on their results, Accountancy School managing director, Dave O'Donoghue said, "ACCA is a globally recognised accountancy qualification, and the key to a hugely rewarding career in accountancy and financial management, here in Ireland and internationally. "Against the backdrop of an acute world-wide shortage of accountants, ACCA trainees, affiliates and members are in high demand throughout the world," Mr O'Donoghue said.
Yahoo
23-05-2025
- Business
- Yahoo
ACCA and MonICPA renew partnership
The Association of Chartered Certified Accountants (ACCA) and the Mongolian Institute of Certified Public Accountants (MonICPA) have renewed their partnership to strengthen Mongolia's accountancy profession. The agreement, renewed in mid-May 2025, focuses on providing pathways for mutual membership and emphasises public sector development in Mongolia. The five-year agreement highlights the collaboration between ACCA and MonICPA to promote ACCA's Public Financial Management and International Public Sector Standards qualifications. Both bodies aim to engage with donor agencies to support public sector development and focus on the role and certification of accounting technicians in Mongolia. ACCA has committed to sharing its research and professional insights, while both organisations plan to explore collaborative research opportunities. ACCA Central Asia, Mongolia and Armenia head Zhanna Iskenova said: 'It is so encouraging to witness the renewal of this partnership. ACCA and MonICPA share a common strong interest in the advancement of the accountancy profession in Mongolia especially in strengthening professional capacity and building accountancy infrastructure in the country. I look forward to working with colleagues in ACCA and MonICPA in achieving our mutual aims.' MonICPA CEO Baasandorj Oyunbaatar said: 'MonICPA is committed to carry on the excellent work we have already achieved with ACCA. At its heart this relationship promotes the highest profession, ethical and governance standards and by doing that clearly advances the public interest. 'We are keenly interested in co-operating with ACCA on professional training education and examinations.' In addition to the partnership with MonICPA, ACCA recently collaborated with the Astana International Financial Centre (AIFC) Green Finance Centre. In April 2025, the association hosted a seminar in Astana, Kazakhstan, to enhance the understanding of sustainability disclosures among Central Asian regulators and business leaders. The Capacity Building Seminar provided insights into International Sustainability Standards Board standards, featuring case studies and practical training on preparing sustainability reports focused on IFRS S1 and S2. "ACCA and MonICPA renew partnership" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Workday Named a Leader in 2025 Gartner® Magic Quadrant™ for Cloud-Based ERP for U.S. Local Government
Assessed for Workday Human Capital Management and Workday Financial Management, Workday is positioned highest in Execution and furthest in Vision PLEASANTON, Calif., May 21, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents today announced it has been named a Leader in the 2025 Gartner® Magic Quadrant™ for ERP for US Local Government1. A complimentary copy of the report is available here. Every day, local governments across the United States are working to serve their citizens faster and more effectively. The Workday platform brings Workday Human Capital Management and Workday Financial Management together in one place, helping these governments manage their finances and their human and agentic resources in a single system. "We understand the unique challenges local governments face, from managing complex budgets and workforces to delivering essential services to their communities," said Michael Hofherr, senior vice president and group general manager for industry, Workday. "We believe this recognition from Gartner reflects our success in providing a unified platform that enables our local government customers to be more agile and data-driven." Workday's unified approach provides real-time insights, streamlines processes, and improves decision-making. With Workday, local governments are able to: Enhance Financial Management: Improve budgeting, forecasting, and reporting with greater transparency and control. Optimize Workforce Management: Attract, retain, and develop talent, while managing payroll, benefits, and compliance effectively. Drive Operational Efficiency: Automate manual processes, streamline workflows, and improve productivity across departments. Citizen-centric Success with Workday's Local Government Customers "With Workday, we can answer questions and get to the root cause of problems quickly, and it's less complex than our previous system, which had 10 to 15 years worth of highly customized integrations," said Javier Baca, director of information technology, Pima County, AZ. "Less complexity results in greater efficiency." "Workday gives us one HCM and finance solution – that now means one user experience and one security model," said Laurie Foster, accounting manager, Clark County, WA. "That's turned into a 60% faster payroll, a 15% reduction in unapproved spend, and $1.6 million in annual savings." "The move to a fully integrated system, with features such as self-service capabilities and real-time reporting, means quicker turnaround times and overall exceptional service for everyone we serve," said Jennifer Wynn, director of financial services, Tulsa County. _______________________ 1 Gartner, Magic Quadrant for Cloud-Based ERP for U.S. Local Government, Albert Gautheir, Todd Kimbriel, Robert Stoneman, 19 May 2025. For More Information Download a complimentary copy of the report here. Learn how public-sector CIOs are using Workday: How Public Sector CIOs Mitigate Risk to Drive Change. Read more about news, trends, and insights from Local Government on the Workday blog. Gartner DisclaimerGARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About WorkdayWorkday is the AI platform for managing people, money, and agents. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit © 2025 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders. Forward-Looking StatementsThis press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law. Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available. View original content to download multimedia: SOURCE Workday Inc. 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