VS1 Cloud Blog

VS1 Cloud Blog


Recent Articles

Can China, the world’s biggest coal consumer, become carbon neutral by 2060?

1st Oct 2020

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Youngstown schools move food distribution day, increase meals

29th Sep 2020

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Miners can leverage Booyco PDS for wholesale safety improvements, Lourens says

28th Sep 2020

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COVID-19 is driving a borderless accounting profession

25th Sep 2020

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Connecticut has new online state tax filing system

24th Sep 2020

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Regional Victorian hospitality leaders outline their own road maps to recovery

22nd Sep 2020

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Can China, the world’s biggest coal consumer, become carbon neutral by 2060?

1st Oct 2020 | Trade & Construction

China’s surprise pledge last week to cut its net carbon emissions to zero within 40 years has reignited hopes of limiting global climate change to tolerable levels. The country is the world’s largest producer of carbon dioxide (CO2), accounting for 28% of global emissions, and its move may inspire other countries to follow suit. But observers warn that China faces daunting challenges in reaching its goals. Kicking its coal habit will be particularly hard.

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Youngstown schools move food distribution day, increase meals

29th Sep 2020 | Economics

Youngstown schools move food distribution day, increase meals

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Miners can leverage Booyco PDS for wholesale safety improvements, Lourens says

28th Sep 2020 | Mining and Natural Resources

Centralising information from its proximity detection system (PDS) hardware and monitoring devices, Booyco Electronics says it offers mines a rare opportunity to become both safer and more productive.

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COVID-19 is driving a borderless accounting profession

25th Sep 2020 | Accounting

A new era of work was ushered in by the COVID-19 pandemic. Many organizations quickly adapted to the remote workplace, relying heavily on the cloud, Zoom and other technologies to conduct business (not as usual). Several months into this gigantic work from home experiment, accounting professionals around the globe are settling into this new definition of the “workplace.”

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Connecticut has new online state tax filing system

24th Sep 2020 | Economics

Governor Ned Lamont today announced the launch of the Connecticut Department of Revenue Services (DRS) multi-year IT modernization initiative that will improve the customer’s experience and deliver additional, user-friendly features such as mobile device-friendly design, secure web messaging, and advanced tax filing reminders.

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Regional Victorian hospitality leaders outline their own road maps to recovery

22nd Sep 2020 | Hospitality

OPINION

Two hospitality owners have their say on current and future COVID-19 restrictions and what can be done to help the restaurant industry.

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Local design and advanced manufacturing – it never died

22nd Sep 2020 | Manufacturing

Despite fears about the demise of Australian manufacturing, Tricycle Developments has highlighted what the local sector is still capable of. Austmine talks with the company about its approach.

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Electronic claims payments need to be flexible during pandemic

18th Sep 2020 | Economics

Insurers should be tailoring their claims payment options to the type of claim a policyholder has, a U.S. payment provider said during a recent webinar.

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Choosing the right budgeting approach for you

18th Sep 2020 | Economics

In this edited extract from his book Financial Autonomy Paul Benson outlines six budgeting strategies and provides a quiz to help you work out which one might best suit you.

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Ryan Serhant Just Launched His Own Real Estate Brokerage

16th Sep 2020 | Professional Services

"I’ve been waiting for this day my entire life," the Million Dollar Listing New York agent wrote.

After more than a decade at Nest Seekers International, Ryan Serhant has announced he is starting his own real estate brokerage called Serhant.

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Grand Forks flooding victims file class-action lawsuit against B.C. government, forestry companies

15th Sep 2020 | Economics

Excessive logging in British Columbia interior has ‘increased the frequency, duration and magnitude’ of floods, according to civil claim

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Mayor says amendment to repeal property tax hike would cause first responder layoffs

15th Sep 2020 | Accounting

NASHVILLE, Tenn. (WZTV) — Nashville Mayor John Cooper says a proposed charter amendment aiming to repeal Metro 34% property tax hike would cause layoffs to first responders, even calling it a "self-inflicted disaster for Nashville"

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Life Sciences Look to Branch Out into New Markets

11th Sep 2020 | Professional Services

For years, life science companies have made their home in metro areas like Boston and the Bay Area. But Mark Hefner, CEO and shareholder of MGO Realty Advisors, says that is changing.

“Major metropolitan cities like Boston, San Francisco, Seattle and San Diego that have been long-established life science hubs are expensive to operate in,” Hefner says. “Everything from real estate to cost of living in these cities is expensive. Now, with the Covid-19 crisis, companies are facing tremendous budget constraints and increasing pressures on their bottom line, forcing them to reconsider where they are located.”

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How small businesses can calm inventory concerns

10th Sep 2020 | Economics

When your business depends on inventory, any mishap can lead to trouble. From dissatisfied customers to wasted funds, problems can compound quickly as seemingly small errors turn into profit-eating catastrophes. Here’s how to stay ahead of issues so you can avoid an ugly snowball effect.

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New Zealand introduces plan to put camera aboard all its fishing vessels

9th Sep 2020 | Economics

New Zealand’s government last week announced plans to put cameras on board 345 fishing vessels, a plan that will cost more than NZD 40 million (USD 27 million, EUR 23 million).

In a press statement, New Zealand Fisheries Minister Stuart Nash said the introduction of on-board cameras will be across the nation’s inshore fishing fleet. He said the government will provide at least a portion of the funding required to install and operate the cameras, but “the precise amount will depend on the business case put together by officials for Cabinet sign-off..”

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Bridging the Knowledge Gap in Field Service

8th Sep 2020 | Economics

Today’s number one challenge in field service is the knowledge gap between Baby Boomer technicians – an aging workforce – and the next generation of technicians who have less experience and want more independence. The population aged 60+ is growing faster than any other group. According to the United Nations’ 2019 World Population report, by 2050, 1 in 6 people will be over the age of 65, up from 1 in 11 in 2019. Older field service technicians are retiring in droves, causing several challenges for field service organizations. In fact, Field Service News reports that 73% of organizations have identified an aging workforce as a potential threat to their field service operations.

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Germany's new agriculture commission aims to reconcile climate, environment and farming

8th Sep 2020 | Economics

Clean Energy Wire
Germany’s new “Commission on the Future of Agriculture” tasked with drawing up recommendations for a productive and time resource-efficient agriculture industry model has met for the first time. The 31 members of the commission aim is to develop a comprehensive common understanding of how improved animal welfare, biodiversity and climate and environmental protection can be reconciled with the safeguarding of harvests and the economic viability of domestic farms.

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AI Startups Raise Funding to Help Utilities De-Risk Dangers of Climate Change

4th Sep 2020 | Economics

Google backs Myst AI and Overstory raises a seed round as utilities grapple with energy forecasting and wildfire prevention on a warming planet.

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Software Helps Consumer Goods Manufacturer Thrive Amid Pandemic Uncertainty

3rd Sep 2020 | Software

Skin Actives proves that digitizing production operations doesn’t necessarily require big ticket software technologies. Modern Material Requirements Planning software can address every step in the production process, from order processing to fulfillment.

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9 Ways to Turn Human Resources Into a Profit Driver

2nd Sep 2020 | Professional Services

The days of expensive human resources compliance, irrelevant benefits and haphazard hiring are numbered.

If you think human resources (HR) is your highest sunk cost, you're right. If you think HR is your biggest profit driver, you're also right. What gives?

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Cold Chain (And Colder Chain) Distribution

2nd Sep 2020 | Wholesale

OK, it looks like we’re finally going to be talking about a vaccine logistics issue that many people (including me) have been worried about. Specifically, how are these things going to be transported and stored? If you’re not in the biomedical field, that question might seem a bit boring and bring up mental pictures of 18-wheel trucks and forklifts of cartons, but remember, these vaccines generally aren’t dry powders. Some of them are infectious viruses themselves (the adenovirus vectors and others in that category), some of them are purified proteins (such as the Novavax candidate), and some of them are mRNAs that are packaged in very specific lipoprotein nanoparticles.

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The Importance Of Managing Cash Flow In Your Business

31st Aug 2020 | Software

Have you ever found your business was short on cash and you were struggling to meet your financial obligations? You have money coming in but it goes out the door just as quickly.

Cash shortages can be a sign of trouble within your business. Cash is the lifeline of the business, and to be short on cash keeps you from meeting your financial obligations. If you can’t meet your financial obligations, the business could be shutting its’ doors. Cash shortage is one reason why 82% of businesses fail.

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The College of Engineering is on the move

27th Aug 2020 | Trade & Construction

As the fall semester begins, the College of Engineering is moving into the new William N. Pennington Engineering Building

On August 25, Nevada System of Higher Education Regent Carol Del Carlo, University President Marc Johnson and College of Engineering Dean Manos Maragakis ceremonially opened the 100,000-square-foot William N. Pennington Engineering Building. Before an autonomous robot facilitated the ribbon-cutting ceremony to mark a new era for the University, President Johnson outlined the goals for the building as an economic catalyst and an incubator for high-impact research that will improve lives the world over.

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National Group gives its take on automation, rentals and big kit logistics

26th Aug 2020 | Economics

Wolff Mining, part of the National Group, is well-known in the Australian mining industry for its implementation and optimisation of semi-autonomous tractor system (SATS) technology. In association with Caterpillar on their Cat Command for Dozing module, Wolff Minings technology is a worlds-first application into a mining production environment, providing the ability for one operator to control up to four dozers from a control room.

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Self-Service Analytics and Business Intelligence: A Myth or the Key to Escaping Report Factory Hell

25th Aug 2020 | Software

Self-service analytics and business intelligence may help ease the sharp divide that exists between those who speak the language of data and non-technical domain experts.

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Consumer Psychology Is The Only Constant In A Changing Retail Market

24th Aug 2020 | Retail

Years ago, Jeff Bezos famously said:

“I very frequently get the question: ‘What’s going to change in the next 10 years?’ And that is a very interesting question; it’s a very common one. I almost never get the question: ‘What’s not going to change in the next 10 years?’ And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time.”

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What is Content Marketing: A Guide for Professional Services Businesses

21st Aug 2020 | Professional Services

After conducting a search on your favorite search engine, the results appear before you, ordered and organized in a vertical column. Some of these businesses appear at the top of the page. Others appear ranked lower and are even relegated to page two and beyond.

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Group Five’s Everite business potentially sold, G5 Construction business rescue ongoing

20th Aug 2020 | Trade & Construction

The sale process for embattled construction company Group Five’s Everite business is on track, with the business rescue practitioners (BRPs) on August 19 confirming receipt of a “credible and funded offer” that is being pursued.

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Work Order Management Tools Market Global Outlook on Key Growth Trends, Factors

19th Aug 2020 | Wholesale

The research report on ' Work Order Management Tools market' now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report further elucidates the status of leading industry players thriving in the competitive spectrum of the ' Work Order Management Tools market'.

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Why risk managers are looking hard at technology risks

13th Aug 2020 | Economics

Risk management is necessary for organisations of all sizes. It enables you to take action on the ever-changing inventory of risks besides helping your organisation to meet its needs.

Technological advances come with a fair share of risks. In today’s tech-savvy world, risk managers are increasingly looking hard at technology risks since this enables them to make better-informed decisions.

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Student Transportation Service gears up for September

13th Aug 2020 | Economics

The Nipissing Parry Sound Student Transportation Service (NPSSTS) says that they are not going to reduce the number of students on one bus this year as plans for student transportation are beginning to take shape.

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Self-Service Analytics and Business Intelligence: A Myth or the Key to Escaping Report Factory Hell

11th Aug 2020 | Economics

Self-service analytics and business intelligence may help ease the sharp divide that exists between those who speak the language of data and non-technical domain experts.

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SA desperately needs a manufacturing revival

6th Aug 2020 | Manufacturing

Focusing on local procurement can induce a ‘virtuous demand cycle’ of boosted production, employment and people buying more local products: Manufacturing Circle’s Philippa Rodseth.

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Major Melbourne retailers to bar people not wearing masks from entering stores

5th Aug 2020 | Retail

Residents of Melbourne and Mitchell Shire who do not wear a mask when heading to the shops can expect to be refused entry by major retailers such as Bunnings and Myer on Thursday.

However, industry bodies and unions are concerned shopkeepers and staff may face unwelcome altercations if non-mask wearers are refused service, with store owners advised to call police if disagreements get heated.

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Carlyle: Fundraising resilient, but need for virtual meetings has implications

4th Aug 2020 | Hospitality

The alternatives fundraising environment has been resilient, but virtual raises have had implications, Carlyle Group Inc. Co-CEO Kewsong Lee said on the firm's second-quarter earnings call.

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Digital Printing Packaging Market Technological Development, Key Advancement, Trends and Growth Forecast 2020-2029

31st Jul 2020 | Professional Services

The Global Digital Printing Packaging Market 2020 Research Report is a professional and detailed study about the current and forecast state With COVID 19 Impact Analysis of the market.

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Breaking Down the Newest Innovations in Transportation: Roads, Rails and Rides

31st Jul 2020 | Economics

It has been five months since the COVID-19 pandemic has created a tidal wave of public and private policy shifts which dictate how humans go about their everyday lives. Many of our daily activities, once thought of as normal, have been upended with no certainty to be considered “normal” again.

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Choosing the Right Small Business Accounting Software

30th Jul 2020 | Accounting

Accounting software makes it easier for you to track your business's financial health and monitor the money moving in and out of your accounts. It can create invoices, track expenses and generate a variety of reports that help you analyze your business's performance from various angles. Many applications can also help you track your bills and manage your inventory or projects.

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Software Helping to Set Hotel Room Rates Put to the Test During the Pandemic

29th Jul 2020 | Software

Hotels need to put aside their frustrations with software for forecasting and rate-setting. Revenue mangers will need all the help they can get to make sure they grab their fair share of the recovery in bookings.

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'Looming crisis': Insurers brace for surge in mental health claims

28th Jul 2020 | Economics

The life insurance industry is bracing for a surge in mental health claims amid expectations social isolation and financial hardship caused by the coronavirus pandemic will exacerbate existing conditions or cause new ones.

The head of life insurance at financial services company MLC, Sean McCormack, said dealing with mental health was one of the most significant issues facing the insurance sector as COVID-19 had accelerated an already growing number of claims related to psychological health.

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When is the Australian Retail Sales and how could they affect AUD/USD?

24th Jul 2020 | Retail

Early Wednesday, the market sees the preliminary reading for the June month Retail Sales data from Australia at 01:30 GMT. Following a 16.9% increase in May, markets are expecting a 7.1% rise in the key data. Traders are particularly interested in the data as the RBA Governor Philip Lowe showed readiness to cut the rated, if needed, on Tuesday.

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Modern food distribution works… there is no going back unless you like shortages

24th Jul 2020 | Retail

The past few months have seen several media reports and lamentations by urban pundits about the desirability of a more locally-focused food distribution system. The stories seem to be inspired by the perceived failure of retailers to stock every possible food and household item every day at their stores during the pandemic.

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The 7 steps to rewiring your management style

22nd Jul 2020 | Economics

If you purchased a 100-year old house that had never been rewired, what do you think would happen to it?

There is a very good prospect that it would burn to the ground, as the old wiring would not be suitable for many of the more modern gadgets you would be running in a house of today, not to mention the out of date materials used to carry the power to these gadgets. Imagine you’ve finished a renovation and were faced with the heartbreak of your investment burning to the ground because you failed to attend to the most important upgrade in the project?

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Comeback strategies: 9 ways for companies to return to a new normal

21st Jul 2020 | Economics

Employers are quickly learning that returning to the workplace does not equal returning to life as it was pre-pandemic and is actually more complicated than previously budgeted for.

But given the demands on employers to preserve their employees’ health and wellbeing and keep them energised and productive, they will have to balance empathy and economics, even in the face of tough decisions, finds Mercer’s Return to a New Normal white paper.

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How U.K. Audit Scandals Pushed Big Four Toward Split

21st Jul 2020 | Accounting

A spate of scandals has put accounting firms in the U.K. on the back foot. The collapse of Carillion Plc, and subsequently Thomas Cook Group Plc, have been among cases that raised questions about auditing standards at the so-called Big Four firms. In response, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers have agreed to separate their auditing and consulting departments by 2024 to avert possible conflicts of interest, a move that critics say doesn’t go far enough.

 

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Auditing goes remote

17th Jul 2020 | Accounting

The COVID 19 pandemic dramatically altered the day-to-day existence of most companies. Though businesses may have had remote-work contingency plans in place, few could have expected the need to implement these procedures almost overnight. And just as state governments enacted shutdowns requiring all non-essential workers to work remotely, many businesses were working with their auditors to finalize year-end financial statement audits and other attest reporting.

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Pandemic-proofing projects and operational sites with remote engineering support

17th Jul 2020 | Trade & Construction

Since 2019, 75 per cent of Waterline’s multi-disciplinary engineering projects were delivered without an engineer ever setting foot onsite.

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Global Utility Billing Software market 2020: focuses on companies, opportunities, market size, growth, revenue & forecast 2026 COVID19 Impact Analysis | Key Players: SkyBill SIA, Cogsdale, Enghouse Networks, Continental Utility Solutions, Utilitybilling

17th Jul 2020 | Software

Utility Billing Software Market analysis is provided for the Global market including development trends by regions, competitive analysis of Utility Billing Software market. Utility Billing Software Industry report focuses on the major drivers and restraints for the key players.

COVID19 Impact Analysis | Key Players: SkyBill SIA, Cogsdale, Enghouse Networks, Continental Utility Solutions, Utilitybilling

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UK infrastructure planning needs a refresh rather than wholesale reform

15th Jul 2020 | Wholesale

The UK government has made bold promises to reform the planning system to deliver infrastructure and housing. Most necessary planning tools are already in place but they need refreshing, resourcing and rebooting.

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Building Trust With Customers Through Risk Management

14th Jul 2020 | Economics

CEO of LogicGate, a GRC process automation platform that enables organizations to transform risk and compliance programs.

Warren Buffett famously said, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

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Back to School? “No Thanks” Say Millions of New Homeschooling Parents

10th Jul 2020 | Economics

Next month marks the beginning of the 2020/2021 academic year in several US states, and pressure is mounting to reopen schools even as the COVID-19 pandemic persists. Florida, for example, is now considered the nation’s No. 1 hot spot for the virus; yet on Monday, the state’s education commissioner issued an executive order mandating that all Florida schools open in August with in-person learning and their full suite of student services.

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What is the Impact of COVID-19 on the Global Hospitality Industry?

10th Jul 2020 | Hospitality

Coronavirus, now globally carrying the status of a pandemic, has led to a worldwide crisis with its effects on the hospitality industry potentially heavier than those of 9/11, SARS, and the financial crisis in 2008. This time, however, the hospitality industry has never experienced and sudden downturn. Putting the human at the center of the situation, the virus generates deep fear, confusion, and impacts us in a deeply emotional way that this generation has never felt. Of course, on top of this, physical confinement is aggravating the situation.

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Customer experience will help retailers overcome the financial hit from coronavirus

9th Jul 2020 | Retail

Retail was in trouble long before COVID-19 hit. The past five years saw daily reports of store closures and retailer bankruptcies.

The growth of online commerce eroded many retailers’ top-line revenues, forcing them into an ongoing cycle of discounts and promotions just to keep up.

 

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What Is The Importance Of Payroll System In An Organization?

9th Jul 2020 | Accounting

Managing accounts and maintaining proper records of all employees’ time and attendance to prepare payroll manually is a complex and time consuming process. Payroll system developed for small business has made the tasks easier. Now, most of the companies prefer to use payroll software for their small business to calculate employees’ salaries accurately and quickly.

 

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10 Budgeting Tips For Your Business

7th Jul 2020 | Accounting

If you own or want to start a business, budgeting is its central nervous system. But this isn’t an easy exercise. Steve Jordan, senior manager at Wipfli in Rockford, Ill, tells us how to do it:

 

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How Technological Innovation is Impacting the Mining Sector

3rd Jul 2020 | Economics

Rapid advances in technological innovation, including through automation, digitization, and electrification, are having a fundamental impact on the mining sector. A few technologies reshaping the sector include autonomous vehicles, automated drilling and tunnel boring systems, drones and smart sensors.

 

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Emerging Technologies in Human Resources 2020

3rd Jul 2020 | Professional Services

Technological advancements will make the work of humans considerably more interesting, challenging, and valuable in the new decade. Still, as AI and cognitive solutions evolve, companies will need to re-examine how they structure their teams, design jobs, and plan for future growth.

 

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What’s new? What’s next? 6 essential marketing trends for 2020

2nd Jul 2020 | Economics

Examples of digital marketing tools and techniques to give you an edge in the year ahead
Well, we’ve nearly made it! For years I’ve been looking to the future, predicting how innovations in digital media, platforms and technology will shape marketing in 2020. The cutting edge examples certainly show the exciting opportunities available - there is almost too much choice…

In this article, I’ll explore six key marketing trends based on examples and research on the adoption of the latest marketing

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Management Trends (2020): What does the Future Look Like

30th Jun 2020 | Economics

Just think of what project management industry looked like ten years ago? Fewer methodologies, lesser tools, smaller teams, and simpler projects. Cut to 2019, things have changed tremendously as the teams are no longer smaller and the projects no longer simpler.

 

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Tech trends to expect at this year’s Consumer Electronics Show

29th Jun 2020 | Economics

Like with fashion and Instagram Story features that tell you what Disney character you are, the tech world is full of trends. The annual CES is a chance for tech companies from all around the world to bring their new products—or at least promises of new products—into the Nevada desert and show them off to the world.

 

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20 Industries Threatened by Tech Disruption

26th Jun 2020 | Trade & Construction

The esteemed Austrian economist Joseph Schumpeter coined the term "creative destruction" in the 1940s to describe the way technological progress improves the lives of many, but only at the expense of a smaller few. Creative destruction occurred during the industrial revolution when machinery and improvements to the manufacturing process such as the assembly line pushed out craft and artisan production. While the economy as a whole benefited from such improvements, those craftsmen who were displaced saw their jobs destroyed, never to return.

 

 

 

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Are Canadians ready to ditch GDP as a key prosperity indicator?

26th Jun 2020 | Economics

In 1968, the late Robert F. Kennedy, then a presidential candidate in the United States, pointed out in a famous speech that Gross Domestic Product (GDP) “measures everything … except that which makes life worthwhile.”

 

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2020 Wholesale distribution trends: How to win critical buying moments

25th Jun 2020 | Wholesale

Harmony is key for success in today’s wholesale distribution industry.

A symphony is a great example of the power of harmony. When an orchestra’s percussion, woodwind, string, and brass sections merge seamlessly around a sheet of music, they deliver an experience that can win over the harshest music critic.

 

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Construction Technology to Watch in 2020

23rd Jun 2020 | Trade & Construction

When you think of technological advancements, your mind might automatically gravitate toward industries like medicine or electronics. The construction sector doesn’t automatically seem like the kind of industry with innovative technological advances, but in reality, it’s one of the most innovative industries out there.

 

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7 Post-Pandemic Technology Trends To Reshape The Future Of Retail Industry

23rd Jun 2020 | Retail

Today digital transformation reshapes shopping, online experiences, and even customer expectations of physical stores. The COVID-19 outbreak changed not only our every-day life but also the way of doing business. But by turning the world upside down, it also brought many technological innovations.

 

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Effective Marketing for Professional Services

19th Jun 2020 | Professional Services

Not very many years ago, professionals could count on their reputations and country club contacts to obtain a steady stream of clients or patients. Today, though, lawyers, accountants, management consultants, architects, engineers, dentists, doctors, and other professionals must do extensive marketing to maintain and build their practices.

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14 Trends Shaping the Future of Manufacturing in 2020

19th Jun 2020 | Manufacturing

Advances in technology are changing the way nearly every industry operates. As manufacturers look to stay competitive in the marketplace, they are constantly searching for the latest and greatest inventions, strategies, and systems. As you research what’s next for your facility, you might want to consider the following trends that we think are influencing manufacturing.

 

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The Biggest Hospitality Trends of 2020

18th Jun 2020 | Hospitality

Say so long to Instagram bait: Eight restaurant and hotel designers predict what is in and what is out in the year ahead.

The new decade has arrived with a flourish—and with it a new era of hotels, restaurants, and other creative hospitality spaces. But which trends are designers leaving in the teens and which ones will endure?

 

 

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Trend Research Forecasts for Accounting in 2020

15th Jun 2020 | Accounting

Companies and professionals working in specific sectors can begin to plan for the future by looking at trend research and then adapting their working practices accordingly. Trend research does not rely on a fortune teller with a crystal ball. Instead, it involves tracking key variables that can be used to forecast industry trends accurately. If you want to stay on top of the latest trends in your business, you need to be aware of the impact and potential opportunities for things like new technologies, employment rates, and population changes. In the world of accounting, trend research suggests there are many new emerging trends occurring. Here is a look at some that are forecasted to make the most impact in 2020.

 

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Coronavirus savages U.S. economy in first quarter; bigger hit still to come

12th Jun 2020 | Economics

WASHINGTON (Reuters) - The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the country, ending the longest expansion in the nation’s history.

 

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Four Advantages of Software as a Service (SaaS)

12th Jun 2020 | Software

Like many technology trends, “Software as a Service” (SaaS) has entered into the realm of buzzwords that can be confusing and easy to ignore.

So, what is Saas, and what good does it do you to know?

It’s a method of software delivery where applications are hosted remotely by a vendor or service provider and are made available to customers over a network. Simply put, users rent the software instead of purchasing it.

 

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Economic Damage Could Be Worse Without Lockdown and Social Distancing – Study

12th Jun 2020 | Economics

Newswise — There is much debate over the economic costs of our lockdown lives: whether the price of disease mitigation is worth the risk of an enduring financial crisis.

New research from the University of Cambridge suggests that there is no absolute trade-off between the economy and human health – and that the economic price of inaction could be twice as high as that of a “structured lockdown”.

 

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