Category Archives: Entrepreneurship
insurance-invoice
Online Billing software Basics For Insurance Companies

  It has become an urgent need for the insurance industry to stop using paper in their operational process. A simple insurance billing software can help any insurance company to reduce the usage of paper to the minimum. An insurance billing software helps in managing the insurance invoice process easily and getting paid on time. […]

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Time tracking software
10 Business benefits Of Maintaining Daily Timesheet

In this modern business world, every business owner is concerned with cost-cutting and increased business profits. By using online invoicing tools and free time tracking software, a business can accelerate its working process and thus can save time and efforts. In fact, many organizations are opting for new approaches due to continuously increasing business maintenance […]

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prepaid expense
Prepaid Expenses Vs Accrued Expenses

  Whether you are a finance student or have simply developed an interest to manage your accounts in business, it becomes crucial to understand the prepaid expenses and accrued expenses are the technical jargons that define company’s Balance sheet. [All kinds of business expenses can be managed well with Expense Management tool]. It becomes crucial […]

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supplier relationship management
Top 10 Challenges faced in Buyer Supplier Relationship Management

  One of the most looked through a relationship in any business is the one that the buyer and supplier share. While you aspire to deliver high quality, it is important to maintain a healthy relationship with your supplier. The number of errors in the system can actually result in unwanted outcomes. The source of […]

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Accounts-Payable
Top 5 Ways to Effectively Optimize your Accounts Payable

  The rapid move of the world towards digital technology is making it essential for business to take a more strategic approach towards handling their business activities. Cash flow management is one important task that any business needs to handle carefully. Accounts payable and accounts receivables should be recorded carefully in order to have a […]

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Financial management software
Important Tips for Financial Management in a Business

  Finance for a business is a key to its growth. Call it the lifeline instead, that is required for the well being of a business, irrespective of the size business is working in. Apart from all the reasons a business needs finances, one of the major reason is the fight for survival and growth. […]

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utility-Billing-software
Challenges Faced By Utility Billing Companies

  The fundamental Utility services include gas, water and electricity. Each utility faces a unique situation based on the operated region.We’re taking a closer look at the common problems and the challenges faced by Utility billing companies.Utility billing targets to achieve a reliable supply chain, lower price to the consumers and build efficient operations. This […]

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Purchase-Discount--Sales-Discount
Difference Between Purchase Discount and Sales Discount

  Discounts are an integral part of the entire sales and marketing process. There are two types of discounts in sales and marketing:- purchase discount and the sales discount. These discounts vary in terms of who receives them and why, but they’re also connected in such a way that intelligent marketers can use both to […]

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Expense-Management-Practices
7 Key Expense Management Best Practices

  Many organizations these days are investing great time and efforts in expense management best practices to keep a clear track of all expenses and keep them manageable to business’s financial extent. A precise and timely reporting of all expenses is important for seamless expense management process. For people who don’t understand it’s the itemized […]

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Accounts payable vs accounts receivable
Difference Between Accounts Receivable & Accounts Payable Management

  An item purchased by one organisation is sale for another. Both the companies will record the same transaction differently in their books. While one will fill it as AP (Account Payable), the other will record it in their AR (Account Receivables) section. Account payable are recorded when a company has to make payments, whereas […]

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