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Abacus Bookkeeping: Enhancing “Hybrid Bookkeeping” Systems

US Business News Staff US Business News Staff on June 27, 2024

By: Nic Abelian, AnotherZero

Los Angeles-based Abacus Bookkeeping is enhancing the way small businesses manage their financial records by simplifying bookkeeping to a level that can be efficiently handled by clerical staff within the company. This innovative approach not only streamlines processes but also significantly reduces costs, making professional bookkeeping accessible and efficient for a wide range of businesses.

Founder Joe Taylor states, “Bookkeeping is as simple as second-grade math, and anyone can manage their finances with the right systems and support in place.” This philosophy has led to the development of comprehensive processes that enable businesses to perform up to 80% of their bookkeeping in-house while Abacus acts as an external bookkeeping manager. This unique method empowers companies to take control of their financial records without the need for costly outside services.

Abacus Bookkeeping stands out in the industry with its team of QuickBooks ProAdvisors, who are experts in training and systemizing basic bookkeeping for in-house staff at nearly any level. This expertise ensures that businesses are not only able to maintain accurate financial records but also benefit from the professional guidance and oversight necessary to manage their finances effectively.

One of the core strengths of Abacus Bookkeeping is its ability to develop tailored bookkeeping systems for small businesses. These systems are designed to be simple yet effective, allowing companies to utilize their existing personnel to handle routine bookkeeping tasks. With just a few hours a week, a capable clerical-level person can manage the bulk of the bookkeeping responsibilities, supported by the expert advice and oversight of Abacus’s US-based team.

The company’s approach is not only cost-effective but also empowering for businesses. By bringing bookkeeping in-house, companies gain a deeper understanding of their financial health and can make more informed decisions. Abacus Bookkeeping provides the tools and training necessary to ensure that even those with no prior bookkeeping experience can manage their financial records with confidence.

In an industry where outsourcing is often seen as the norm, Abacus Bookkeeping offers a refreshing “hybrid” alternative. The company’s focus on developing systems challenges the conventional wisdom that professional bookkeeping must be expensive and outsourced. Taylor explains, “Many businesses don’t want to hire an in-house bookkeeper because they don’t know how to manage an in-house bookkeeper. Abacus provides the option to train your own staff and outsource the review.”

Abacus Bookkeeping’s innovative approach is particularly beneficial for small businesses that may not have the resources to hire full-time bookkeeping staff or the budget to outsource all their bookkeeping needs. By training existing staff and providing ongoing support, Abacus ensures that businesses can maintain high standards of financial management without incurring excessive costs.

Additionally, the company’s US-based support team is always available to provide expert advice and assistance. This ensures that businesses have access to professional guidance whenever they need it, helping them navigate complex financial situations and stay compliant with regulations.

Abacus Bookkeeping’s services are not only practical but also forward-thinking. By leveraging technology and automation, the company helps businesses streamline their bookkeeping processes even further. Tools such as cloud-based accounting software and automated transaction categorization make it easier for businesses to keep their books up-to-date and accurate, reducing the risk of errors and improving overall efficiency.

Abacus Bookkeeping Enhancing “Hybrid Bookkeeping” Systems

Photo Courtesy: Joe Taylor

The “hybrid” bookkeeping model championed by Abacus also offers scalability. As businesses grow, their bookkeeping needs evolve. Abacus’s flexible approach allows businesses to scale their bookkeeping operations in line with their growth, ensuring they continue to receive the support they need without overextending their resources.

Abacus Bookkeeping’s commitment to simplifying and improving the bookkeeping process has earned it a reputation as a leader in the industry. By focusing on education, support, and the development of user-friendly systems, the company is helping small businesses across the country achieve better financial management and greater peace of mind.

In conclusion, Abacus Bookkeeping is transforming the way small businesses handle their financial records by making bookkeeping simple, efficient, and cost-effective. With its expert training, comprehensive systems, and US-based support, Abacus empowers businesses to bring their bookkeeping in-house, saving money and gaining control over their finances. For more information, visit Abacus Bookkeeping and follow them on Instagram at @abacusbookkeeping.

Published by: Martin De Juan

Reasons Why Measurements Are a Priority in Production

US Business News Staff US Business News Staff on June 27, 2024

The first automobiles were amazing machines, introduced and improved over the years by various manufacturing entrepreneurs throughout the United States and Europe. For the part, these early “horseless carriages” were built individually and were affordable only to the very wealthy. They could have been more reliable. However, with the advent of the moving assembly line popularized by Henry Ford, the once fledgling automobile industry was truly revolutionized. Utilizing the assembly line manufacturing process, Ford became the champion of mass production. Each Model-T from his factory was built with identical, interchangeable parts.

Measurement: The Key to Production Success

What was the key to Ford’s success? It was measurement, specifically the standardization of the measurement of the individual parts, that made up his Model-T. By employing the practice of standardized measurement, Ford experienced lower production costs, improved product quality, and the ability to produce a vehicle that could be offered to the masses at an affordable price. Thanks to standardized measurement, ordinary men, women, and children were introduced almost overnight to a new and exciting mode of travel.

Today, accurate, standardized measurements in production are an even greater priority for success, and not just for the automotive industry. In fact, an entire industry has grown up around the scientific study of measurement, also known as metrology, and how it can improve overall business outcomes. Here are four solid reasons why accurate measurements are a priority.

Product Quality

There are many industries that require extreme adherence to tight tolerances–medical, pharmaceutical, and aerospace to name a few. Even the slightest deviation from required tolerances can have devastating effects, so there is little room for error. Specialized coordinate measuring machines (CMMs) and sophisticated probing tools have been designed to accurately analyze and measure the 3D geometry of physical objects which can be compared to original designs to ensure conformance.

Because of the importance of measuring and analyzation tools in various industries, there are also dedicated suppliers that partner with these industries to offer quick turnaround delivery of such equipment. Companies offer precision measuring tools, machine tool probing systems, CMMs and CMM parts, and more.

Waste Reduction

Accurate measurements are used to help manufacturers determine the exact amounts of materials to use in their processes. As a result, little goes to waste, and production runs are extremely accurate. This lowers the cost of production resulting in lower prices to the consumer or additional capital that can be invested elsewhere.

Improved Efficiency

When accurate measurements are taken throughout the process and machines are programmed to meet standardized specifications, manufacturers can make large numbers of parts in shorter periods of time and feel confident that they will be consistently the same. Measurement machines and related equipment also significantly improve quality control and quality assurance efforts by providing manufacturers with statistical data and analysis.

Allows for Global Cooperation and Collaboration

The industry has become increasingly globalized. In today’s markets, part of a final product may be manufactured in one state or country, another somewhere halfway across the world. By employing standardized measurements in all processes, manufacturers can ensure that parts will fit together seamlessly no matter where they are made. In addition, metrology fosters global scientific research as precise, accurate, and consistent measurements speak a language all their own.

 

Published By: Aize Perez

Essential Tips for Maintaining Company Equipment

US Business News Staff US Business News Staff on June 27, 2024

Investing in high-quality equipment is a crucial aspect of running a successful business. Whether it’s manufacturing machinery, office technology, or service tools, maintaining these assets is essential to ensure operational efficiency and longevity. Neglecting proper care and maintenance can lead to costly repairs or replacements, significantly impacting the bottom line. Here are key strategies to keep your company’s equipment in optimal condition.

Understanding and Utilizing the Owner’s Manual

One of the most overlooked resources is the owner’s manual that comes with every piece of equipment. This manual contains detailed information on how to properly operate, maintain, and troubleshoot the equipment. Despite its importance, many people tend to disregard it after the initial purchase.

To maximize the lifespan and performance of the equipment, it is essential to read and understand the owner’s manual thoroughly before first use. This document provides crucial insights into the correct handling and operational guidelines, ensuring the equipment is used as intended. Keeping the manual in an easily accessible location allows for quick reference, especially when troubleshooting minor issues or performing routine checks.

Employee Training and Education

Proper employee training is fundamental in preventing misuse and mishandling of equipment. Untrained employees are more likely to operate equipment incorrectly, leading to accidents, inefficiency, and potential damage. Comprehensive training programs should be implemented for all staff members who will use the equipment. This training should cover operational procedures, safety protocols, and basic troubleshooting techniques.

Additionally, it’s important to supervise new employees until they are fully competent in using the equipment. Investing time in thorough training not only ensures the safety of the employees but also enhances productivity and reduces the likelihood of costly repairs.

Regular Maintenance Scheduling

Scheduled maintenance is a critical aspect of equipment upkeep. Regular checks and servicing by professionals can identify and address minor issues before they escalate into major problems. The frequency of maintenance varies depending on the type of equipment and manufacturer recommendations, often detailed in the owner’s manual.

Despite the equipment appearing to function well, unseen problems might be developing. Routine maintenance helps in detecting these hidden issues, ensuring the equipment remains in good working condition. Establishing a maintenance schedule and adhering to it can significantly reduce downtime and extend the equipment’s lifespan.

Appropriate Use of Equipment

Using equipment only for its intended purpose is crucial. It may be tempting to repurpose machinery or tools for tasks outside their designed functions, but this can lead to severe damage and pose safety risks. Always adhere to the manufacturer’s guidelines regarding the equipment’s usage. Ensuring that equipment is used correctly helps maintain its functionality and safety.

Keeping Equipment Clean

Cleanliness plays a vital role in the efficiency and durability of equipment. Regular cleaning prevents the accumulation of dirt, debris, and other contaminants that can impede performance and cause wear and tear. Even a simple daily cleaning routine can make a significant difference.

For equipment exposed to harsh conditions, more rigorous cleaning might be necessary. This not only improves operational efficiency but also allows for better inspection of the equipment’s condition, making it easier to spot potential issues like cracks or corrosion early on.

Customized Maintenance Plans

Each piece of equipment may have unique maintenance requirements. Developing a customized maintenance plan based on the manufacturer’s recommendations ensures that each item receives the appropriate care. While this might seem like an added effort, the benefits far outweigh the costs. Tailored maintenance schedules help in keeping all equipment in top condition, thereby enhancing productivity and ensuring the longevity of the assets.

Conclusion

Maintaining company equipment is not just about preventing breakdowns; it’s about making the most of your investment. By diligently following the owner’s manual, providing proper training to employees, scheduling regular maintenance, using equipment as intended, and keeping it clean, businesses can ensure their equipment operates efficiently and lasts longer. Customized maintenance plans further enhance these efforts, safeguarding the significant investment made in these essential tools and machinery. Through these proactive measures, companies can achieve sustained productivity, safety, and financial savings.

 

Published by: Khy Talara

How Technological Advancements Are Improving Mobile Apps

US Business News Staff US Business News Staff on June 27, 2024

In the world of mobile app development, there are two major eras. Long before the iPhone was introduced as the new mobile computing paradigm, mobile apps were developed for utility and functionality. After the iPhone launched in 2007, a new dimension of development emerged with amenities and user experience at its heart. At this time, we are entering a new era of development that is still focused on delivering a solid digital experience, but with a stronger focus on creating smarter apps.

What business owners and brand managers should know about the new wave of smart mobile apps is that they are already reshaping the digital experience, and this can be attributed to the following technologies:

Voice-Activated Mobile Apps

Gone are the days of having to train virtual assistants to understand your voice. With the current advancements in artificial intelligence, specifically with regard to natural language processing (NLP), mobile apps can be developed with an advanced speech recognition functionality that will work upon first launch. Voice interactions feel more natural and intuitive than tapping and swiping, especially for complex tasks or in hands-free situations such as driving. There’s also the advantage of nuanced accessibility; voice commands make apps more accessible to people with visual impairments or certain limitations that cause them to struggle with touchscreens.

The Internet of Things (IoT)

As smart home automation becomes more widespread, smartphones are becoming their new hubs. Just about all new IoT devices for smart home networks come with a proprietary mobile app, but more manufacturers are opening their application programming interfaces (APIs) to third-party developers; this is expanding the ecosystem, and you now have mobile apps that deliver hub functionality on the go. Mobile apps paired with IoT devices or smart home networks can learn your living habits; if they are paired with medical IoT devices, they can provide remote monitoring of patients. Although IoT technology does not make as many headlines as the others cited herein, it is growing quite rapidly.

Artificial Intelligence and Machine Learning

There is no question that AI and ML have been getting all the news media spotlight in recent years, and we have already seen what advanced chatbots can do, but there’s a more exciting future that is just getting started in the mobile app development arena. AI-powered virtual assistants get smarter through ML routines, and they are being developed to do more than just follow voice commands.

Virtual assistant mobile apps are being developed to learn your preferences, anticipate your needs, and proactively manage tasks across your connected devices. Imagine a digital assistant that automatically adjusts your thermostat based on your daily routine and real-time weather data; this is an example of AI learning to interact with IoT-connected smart home devices. In a few years, virtual assistants will be the only apps that synchronize with your car’s infotainment system; they will be smart enough to manage other apps supported by the Apple CarPlay and Android Auto connectivity protocols, and they will bridge your connected experiences at home and on the road.

Published by: Holy Minoza

Championing Early Hearing Health: Dr. Nashlea Brogan’s Journey

US Business News Staff US Business News Staff on June 27, 2024

By: Travis Mane

Dr. Nashlea Brogan is a pioneering figure in the field of audiology, known for her advocacy and expertise in transforming perceptions of hearing loss. As the founder and head of a distinguished audiology practice, Dr. Brogan’s mission goes beyond conventional audiological care; it focuses on preserving cognitive health, improving relationships, and enhancing the overall quality of life for her patients.

Dr. Brogan’s journey into audiology was profoundly shaped by her personal experience with progressive hearing loss, which began in her early adulthood. Fitted with hearing aids at the age of 18, she later opted for a life-changing cochlear implant procedure. This pivotal decision not only restored her hearing but also fueled her passion to help others facing similar challenges. Her unique perspective—bridging personal experience with professional expertise—allows her to offer empathetic care and comprehensive solutions to her patients.

Reflecting on her journey through hearing loss, Dr. Brogan states, “My own experience wasn’t just about overcoming physical challenges; it was a transformative emotional journey of acceptance and empowerment through treatment.” Her personal struggles highlight the urgent need for proactive hearing healthcare, a cause she ardently supports.

The inception of her audiology practice was driven by a vision to change how society views and handles hearing loss. Overcoming initial skepticism within the medical community regarding the importance of adult hearing health, Dr. Brogan established a practice dedicated to early intervention and holistic patient care. “Addressing hearing health shouldn’t be reactive; it should be proactive,” she emphasizes, advocating for a shift towards earlier detection and treatment.

Navigating challenges such as societal misconceptions about hearing loss and the reluctance of many to seek timely treatment has only strengthened Dr. Brogan’s resolve. Today, her practice is a cornerstone in her community, renowned for its personalized approach and innovative services. By integrating ancillary services and adopting a holistic care model, Dr. Brogan ensures each patient receives tailored, compassionate support that addresses their unique needs.

Dr. Brogan’s influence extends far beyond her practice. As a TEDx speaker and an international advocate for hearing health, she has shared her insights on prestigious platforms, highlighting the connection between hearing, cognition, and mental well-being. Her upcoming engagements at global conferences underscore her role in shaping the future of audiology.

In her advocacy work, Dr. Brogan has been instrumental in promoting the importance of early hearing loss detection and management. She has collaborated with various organizations to create educational campaigns aimed at dispelling myths about hearing loss and encouraging proactive hearing care.

Dr. Brogan’s vision for the future includes a comprehensive approach to hearing health that is integrated into routine preventive healthcare measures. “I am dedicated to empowering individuals to value their hearing health and dispel the myths surrounding hearing loss,” she declares. Through advocacy and education within communities and healthcare sectors, she aims to normalize the significance of prompt hearing care.

Dr. Nashlea Brogan’s journey from personal adversity to professional leadership in audiology epitomizes her unwavering dedication and resilience. Beyond her clinical practice, she champions early hearing healthcare to combat stigma and raise awareness on a global scale. Dr. Brogan’s ongoing efforts are poised to catalyze a future where hearing health is universally valued and celebrated.

Dr. Nashlea Brogan’s work is revolutionizing the field of audiology. Her practice is not just a place for treating hearing loss; it’s a hub for holistic health and wellness. By integrating advanced technology, providing compassionate care, and leading educational initiatives, Dr. Brogan is paving the way for a world where hearing health is given the attention it deserves. Her journey is a powerful reminder of the impact one person can have on the lives of many, and her legacy in audiology is set to inspire future generations.

Published by: Martin De Juan