Financial administrative work takes up too much time
A telephone survey by LLP Hungary between August and December 2015, conducted with 1,000 medium-sized and large Hungarian companies, revealed the following: more than 20 percent of Hungarian firms, even the big-budget ones, financially close the year using Excel spreadsheets or manual work. At some of these companies 4-10 people do the task, which takes up lots of time and also involves an increased risk of making calculation mistakes.
Related news
Caution is warranted when it comes to AI advice when it comes to finances
It sounds logical that it is worth listening to the…
Read more >Ideally, invoicing will be done by machines in the future
Balázs Ángyán, the CEO of Számlázz.hu, which serves 800,000 businesses…
Read more >MNB: the monetary council did not change the base interest rate
The Monetary Council of the Magyar Nemzeti Bank (MNB) did…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >The domestic gin market is on the rise – According to SPAR, customers are increasingly aware and open to Hungarian brands
Gin sales have grown spectacularly in Hungarian retail in recent…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >