Press Release
Press Release
39% of Finance Organizations Now Utilizing AI, Reveals Shift Towards Automated Bookkeeping Solutions
Miami, Florida, February 6, 2024: A recent survey from leading research and advisory firm Gartner shows that the adoption of artificial intelligence (AI) and automation technologies within the finance function is growing rapidly.
Construction Payment Cycles Slow to 94 Days on Average, Costing the Industry Billions
Miami, Florida, February 2, 2024: The construction industry in the US continues to grapple with slow payment cycles that disrupt cash flow and strain relationships between contractors, subcontractors, and suppliers. A recent PYMNTS study found that on average, construction firms wait 94 days to receive payment for work completed and invoices submitted.
Outsourced Bookkeeping Services Propel US Retail Businesses Towards Enhanced Operational Efficiency Amid Financial Challenges
Pune, India, September 11, 2023 : US Retail businesses face a unique array of bookkeeping challenges due to the high volume of daily transactions and intricate reconciliation processes.
AP/AR Automation Key to Payment Fraud Reduction: 22% of Mid-Sized Firms Expect Lower Payment Fraud Rates
Miami, Florida, January 20, 2023: A recent market study by PYMNTS reveals that mid-sized businesses are increasingly adopting automation solutions to streamline their accounts payable (AP) and accounts receivable (AR) processes.
Solving E-Commerce Financial Challenges with Outsourced CFO Services, IBN Technologies Helps Better Operational Efficiency
Pune, India, August 28, 2023 : As the e-commerce landscape surges forward, the finance and accounting landscape becomes increasingly intricate.
IRS Announces January 29th Start of 2024 Tax Filing Season
Miami, Florida, January 23, 2023: The Internal Revenue Service (IRS) has officially set January 29, 2024, as the commencement date for the 2024 tax filing season. From this date, the IRS will start accepting and processing tax returns for the year 2023.
50% of UK SME Owners Report Financial Administration Burden – IBN Technologies Suggest Outsourcing Accounting as a Strategic Solution
Pune, India, August 23, 2023 : IBN Technologies, a prominent outsourcing services provider, is streamlining small business accounting processes in the UK.
IBN Technologies Resolves CFOs' Key Concern with Streamlined Order to Cash Process; 41% Identify Payment Delays as Top Disruptor
Pune, India, September 7, 2023 : In a recent survey conducted by PYMNTS, 100 Chief Financial Officers (CFOs) from various United States-based firms were polled to gain insights into the challenges they face in today's complex business landscape.
Payroll Errors Cost US Companies Nearly $7 Billion in Penalties; Leverage Outsourced Payroll Processing Services of IBN Technologies and Reduce Costs
Pune, India, August 11, 2023 : Payroll management errors continue to plague US companies, resulting in substantial financial losses and penalties. Recent IRS statistics reveal that payroll mistakes have cost companies an estimated $7 billion in penalties.
Restaurant Payroll Processing Services by IBN Technologies Effectively Addresses Operational Challenges and Mitigates Legal Risks
Pune, India, September 11, 2023 : The restaurant industry grapples with a range of operational hurdles when it comes to payroll processing, which can disrupt efficiency and accuracy.
CFO Outsourcing Solutions: Effectively Addressing Forecasting, Cost Reduction, and Talent Retention Challenges
Pune, India, August 18, 2023 : The role of Chief Financial Officers (CFOs) has never been more challenging. As the business landscape continues to evolve rapidly, CFOs are tasked with navigating complex financial terrain while addressing critical challenges such as talent retention, forecasting accuracy, and cost reduction
Outsourced AP/AR Management for Food and Beverage Businesses: Optimize Vendor Payments and Streamline Financial Operations
Pune, India, August 28, 2023 In the fast-paced Food and Beverage (F&B) industry, efficient financial management, particularly in Accounts Payable and Receivable is increasingly crucial.
Small Businesses Incur £684 Million a year Chasing Late Payments, Outsourcing Accounts Receivables is a cost-effective solution
Pune, India, August 14, 2023 : IBN Technologies, a prominent outsourcing service provider in the UK, recognizes the predicament that small businesses encounter when chasing late payments.
IBN Technologies Finance and Inventory Management Solutions Help Small Businesses Improve Efficiency and Profitability
Inventory management poses a significant challenge for small businesses in the US.
UK Businesses Paying as High as £25 to Process Purchase Invoices; IBN Technologies Offers Cost-effective Accounts Payable Solution
Pune, India, August 9, 2023 : As cost concerns continue to grip UK businesses, the formidable financial impact of processing purchase invoices has taken center stage. A recent survey has revealed a startling reality:
Streamlining Retail AP/AR Process: IBN Technologies Enhances Financial Processes through Automation Solutions
Pune, India, August 23, 2023 : IBN Technologies, a leading offshore outsourcing provider in the USA and the UK, is paving the way for more efficient retail financial management with its Accounts Payable and Accounts Receivable (AP/AR) Solution.
Survey Reveals 48% of Healthcare Industry Struggle with RCM: IBN Technologies Offers Healthcare Bookkeeping Services
Pune, India, 3 August 2023: IBN Technologies, a leading name in outsourcing bookkeeping services, is stepping up to address the Revenue Cycle Management (RCM) challenges in the healthcare industry.
Addressing the Surge in UK Finance Sector Hiring Costs Through Cost-Efficient Finance And Accounting Outsourcing Services
Pune, India, August 21, 2023 : IBN Technologies, a prominent leader in the outsourcing finance and accounting domain, has taken a proactive stance in response to the mounting concerns surrounding escalating hiring costs within the Finance sector.
Outsourcing Offshore Can Help Beat the10% Finance & Accounting Staff Turnover Challenges, says IBN Technologies
PUNE, INDIA - IBN Technologies, a leading offshore outsourcing solutions provider, is stepping up to address the staff turnover crisis in the Finance & Accounting sector.
IBN Technologies Helps US Construction Companies Overcome Accounting Challenges
Pune, India, August 21, 2023 : The construction industry in the United States stands as a robust contributor to the nation's economy, constituting over 4.3% of the country's GDP
IBN Tech Highlights the Power of AP Automation: 52% of USA Businesses Succeed in Implementation
PUNE, INDIA - IBN Technologies, a prominent provider of offshore outsourcing solutions, emphasizes the need for organizations to adapt to automated accounts payable (AP) procedures in order to achieve long-term development and competitiveness.
The Cost of Asset Misappropriation and Financial Statement Frauds vs Outsourcing Finance and Accounting Services
Pune, India, August 10, 2023 : IBN Technologies, a leading name in US accounting and finance solutions, is shedding light on the critical role that outsourcing finance and accounting services play in mitigating the rampant issue of asset misappropriation in corporate environments.
Offshore Outsourcing Solutions in Focus as 70%+ US Companies Embrace Remote Work - IBN Technologies Leads the Way
PUNE, INDIA, 26th June - IBN Technologies, a leading provider of offshore outsourcing solutions, continues to pave the way for seeking to optimize their operations and embrace the benefits of remote work.
Nonprofit CFOs and CPAs Struggle as Personnel Expenses Consume 50-90% of Budget – Outsource CFO Services To Get Help
Pune, India, August 8, 2023: : Nonprofit organizations are facing a significant financial hurdle as personnel expenses continue to account for a substantial portion of their budgets, ranging from 50% to as high as 90%.
DIY Bookkeeping - 64% of US Business Owners Risk Financial Disaster: IBN Technologies' Outsourced Bookkeeping is a Solution
PUNE, INDIA, 26th June - A recent survey , showed an alarming statistic 64% of business owners in the United States handle their own bookkeeping. This do-it-yourself (DIY) financial management method exposes these businesses to immense risks of financial disaster.
IBN Technologies Ensures Data Security and Confidentiality for US Businesses Seeking Offshore Outsourcing Solutions
PUNE, INDIA - IBN Technologies, a leading offshore outsourcing solutions provider, is stepping up to address the staff turnover crisis in the Finance & Accounting sector.
Payroll Outsourcing: A Thriving Global Industry with Promising Growth Potential Led by IBN Technologies
PUNE, INDIA, July 1, 2023 - Outsourcing payroll process allows businesses to concentrate on their core product / service offerings and remain competitive in the market.
Small Business Statistics Reveals How Offshoring Reduces Costs and Helps Sustain Businesses
PUNE, INDIA - 2023 statistics on small businesses shed light on significant cost-savings as well as long-term benefits offered by offshore outsourcing service providers like IBN Technologies to help these businesses scale up their operations, profitably.
Cash Flow Management is a Problem Faced by 60%+ Small Businesses, Globally – Outsourced Services of IBN Technologies Provide Expert Support Services
PUNE, INDIA, 26th June - US Small businesses facing cash flow management problems have the support of IBN Techs' Outsourced CFO services for financial operations that empower businesses to thrive in today's challenging economic landscape.
IBN Technologies Offers Bookkeeping Outsourcing at Just $10 per hour, Beating the $43,000 US Median Salary
PUNE, INDIA - IBN Technologies, a leading outsourcing solutions provider, is transforming the business landscape with their Finance and Accounting Outsourcing Solutions offering a very affordable bookkeeping rate of only $10 per hour.