A board of directors (also known as a “board” or “BoD”) is an elected group of individuals by shareholders of a company to represent their interests. Board members establish policies for the overall oversight and management, as well as protecting shareholder assets. The board is a liaison between the...
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The financial report and transaction process gives an accurate picture of a company’s cash balance inflows and outflows which are important to businesses of all sizes. It also assists in identifying trends and opportunities to profit or mitigate. It can be used to fulfill the requirements of law and...
The lure of lower expenses and access to more efficient tools for collaboration and communication has led more and increasing businesses to switch to a virtual operation. While e-commerce and remote work are among the most popular applications of virtual space, it’s also expanding into new areas of development...
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A document management system is a platform that companies use to keep all their digital files, documents, and information. A DMS streamlines, automates and organizes the entire workflow for managing, storing and retrieving information. It is a vital tool for companies to manage the vast amount of information they...
No matter if your firm is commercial (for profit), an S or C Corporation or LLC, a partnership or a non-profit it needs clear guidance and supervision. This is usually provided by a board of directors or trustees. Boards of for-profit as well as non-profit organizations share the exact...
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