According to a 2020 PWC report, the average US organization experiences around six incidents of fraud every year, and customer fraud is the most prevalent. Financial service providers are important in preventing fraud and the influx of fraudulent money trying to enter the global financial system. For that reason, developing an understanding of what KYCRead more
The tax industry involves mountains of paperwork. Managing heaps of critical tax files and paperwork can be a daunting task as CPAs and tax professionals have a lot of other responsibilities. They must: Follow a code of ethics Be informed of any relevant state regulations pertaining to tax forms and laws Keep upskilling to stayRead more
By Mumtaz | Human Resources | Comments are Closed | 2 September, 2022 | 26
When businesses divert from the usual – for whatever mitigating circumstances – those that adapt quickly have an advantage over the competition. For players in the financial industry, digitizing core services is a perfect way to do this. In-person meetings have conventionally been the usual way of transacting business from account openings, to mortgages, toRead more
By Mumtaz | Features | Comments are Closed | 8 June, 2021 | 5
Here at Foxit eSign, safety and security are our top priority. We take the business of keeping your important and sensitive documents secure seriously, which is why we have implemented stringent security protocols and safeguards such as dynamic encryption and SOC 2 Type 2 auditing and compliance. But what about keeping your data safe outsideRead more
By Mumtaz | Business Tips | Comments are Closed | 7 June, 2021 | 3
Prior to the COVID-19 pandemic, businesses were consistently increasing remote working efforts. However, following the pandemic, more teams found themselves moving nearly 100% of operations to remote and the upwards trend isn’t expected to slow. According to Forbes, by 2025 an estimated 70% of the workforce in the U.S. will work remotely for at leastRead more
By Mumtaz | Features | Comments are Closed | 4 June, 2021 | 5
Just as it takes a lot of coordination, effort, and a team of talented teachers and administrators to run a school, a lot of paperwork is required to keep things running smoothly. Up until recently, schools primarily used traditional printed paperwork to gather and distribute important permissions, notifications, and forms. However, with evolving technology, increasedRead more
By Mumtaz | Business Tips | Comments are Closed | 3 June, 2021 | 3
The terms “eco-friendly” and “going green” are probably already familiar to you; you hear them in advertising, on product packaging, and in conversation. The act of going green essentially describes the effort to reduce environmental impacts caused by certain actions. Common eco-friendly actions can include recycling, reducing air pollution, protecting water sources, and more. It’sRead more
By Mumtaz | Features | Comments are Closed | 2 June, 2021 | 6
It’s no secret that 2020 was a difficult year for most people. The COVID-19 pandemic affected almost every individual in one way or another, and the strain and limitations placed on companies of all sizes significantly impacted our local and global economies. Unfortunately, charitable organizations were not bypassed by the impact of COVID-19. According toRead more
In recent years, electronic signatures have become even more essential to hospital processes. In fact, with a 2016 study showing that 96% of hospitals in the U.S. are using EHR systems following the Health Information Technology for Economic and Clinical Health Act (HITECH) of 2009, electronic signature usage has become even more essential. A lotRead more
By Mumtaz | Legality | Comments are Closed | 30 March, 2021 | 2
In the late 90s and early 2000s, several Acts were adopted pertaining to electronic signatures and their legality - one of these being the UETA. The UETA helped pave the way for broader acceptance of electronic signatures in everyday use and ensured that businesses throughout the U.S. could confidently send and receive important digital documents.Read more