Defining Hyper-Automation
This article explains why hyper-automation is the solution for companies attempting to automate simple routine procedures. Hyper-automation is defined as ” end-to-end automation that combines complementary technologies such as deep learning, advanced analytics, machine vision, natural language processing, RPA, and artificial intelligence to augment business processes.” To discover if end-to-end automation can deliver substantial …
Inflation Adjustments for 2022 Returns
This article explains the new inflation adjustments that are being made by the IRS issued through Rev. Proc. 2021-45. The IRS also cautioned that “with legislation pending in Congress that might affect 2022 tax returns, taxpayers should consult future IRS guidance to determine if the adjusted amounts in Rev. Proc. 2021-45 remain applicable in …
Consequences of Some Retirement Options on Small Businesses
Valeria Alterman and Ariane Froidevaux delve into research on various retirement options for small business owners. They look into their custom model of retirement decision options for small business owners to separate from their business, all based on “the ‘proximity’ of the business to the individual once the decision has been made.” The four …
Top 10 Trends to Watch in 2022
This article discusses a variety of trends that are expected to have a significant impact in the coming year on the agricultural and food industry according to Whole Foods. For example, indoor farming and greenhouses, the use of Yuzu, and the popularity of non-alcoholic beverages among millennials and Gen Z members are not expected …
Manufacturing Needs to Be Going Digital Now
This article explains why manufacturers should steer away from old traditions and embrace digital technologies. Manufacturing companies are under pressure for finding new ways to cut costs, boost productivity, improve profitability and optimize consumer experiences. Some manufacturing companies are gaining a competitive advantage over other companies because they have implemented “Internet of Things technology …