Thoughts from the world of accounting, payroll and business process outsourcing written by experts.

Change management and its cultural aspects in the digitalisation of accounting

25-05-2023 Outsourcing Hungary

Digital-Blog-03: Digital transformation has become a common term in the business world. However, although the challenges of digital transformation are numerous, often the cultural aspects of implementing and using complex digital systems are overlooked. In this article, we will explore the cultural constraints of digital transformation and strategies to overcome them, providing insights to help you successfully navigate this complex and challenging process.

5 key goals for digital transformation in professional business services

23-03-2023 Outsourcing Hungary

Digital-Blog-02: In the opening post of our blog series on the impact of digitalisation on the world of business services, we reviewed the key concepts. In this article, we present the five key objectives of digital transformation, the achievement of which – and continuous improvement – is not only an opportunity, but a prerequisite for business success for ambitious companies. These goals are: improving process efficiency and effectiveness, increasing agility, encouraging collaboration, ensuring greater customer satisfaction, and – a corollary but also a fundamental goal in its own right – reducing costs. As far as we know today, these can only be achieved in parallel through the conscious use of digitalisation technologies, in harmony with the adaptive development of business processes and human resources.

Digitalization – The engine of economic growth in the 21st century

31-01-2023 Outsourcing Hungary

Digital-Blog-01: Thoughts from the perspective of a regional business process outsourcing company. As a result of the forced acceleration of development during the almost three years of the pandemic, we read a lot about the digital revolution, which – given its expansion and attitude-shaping effect – should rather be considered a “digital evolution”.  In the series of PS blog posts following this opening article we will review and interpret the most important digitalization trends revolutionizing the changes of business thinking and environment in the 21st century.

The record-holder Farkas Litkey will start Kékszalag Regatta with the Process Solutions Catamaran

12-07-2022 Outsourcing Hungary

Farkas Litkey, thirteen-time Kékszalag winner and four-time Soling world champion helmsman will start Kékszalag of Balaton — the longest, oldest and one of the most exciting sailing competitions in Europe — in the colours of a new eponymous sponsor, Process Solutions Kft, the Hungarian accounting market leader. Thanks to a three-year cooperation and sponsorship agreement, Farkas Litkey, will lead The Process Solutions Catamaran.

Crypto currency taxation in Hungary – PS In-Voice Accounting Podcast

18-05-2022 Tax Hungary

This is the PS In-Voice Podcast, where today we are talking with Eszter Kálóczi, PS SME Tax Team Lead about the taxation of crypto currencies, a very exciting subject.

Reporting and disclosure errors — The experience of an accounting service provider in Hungary

25-04-2022 Accounting Hungary

Published company accounts are one of the sources of information that market participants – interested in a company –  can use to find out more about it. It therefore goes without saying why it is of major importance that published accounts give a true and fair view of the company. However, there may be errors detected after publication which may distort the true picture to a greater or lesser extent