Financial Management

Master Financial Management: Tackling Complexity, Ensuring Success

February 2, 2024

Net 30: What Is It And How Does It Work?

Summary Net 30 terms provide a 30-day payment window, balancing credit extension and timely payment.  Here we will discuss: How Net 30 operates What is its significance What are its advantages Tips to add Net 30 in invoices  Also, discover Invoicera, an invoicing software that will help you streamline Net 30 transactions and enhance payment […]

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January 29, 2024

Understanding The Different Client Billing Methods

Summary  Client billing is raising invoicing to customers for provided goods or services. Common client billing methods are: Hourly Billing Project-Based Billing Retainer Billing Flat-rate Billing Value-Based Billing Subscription Billing Combination Billing You can enhance your client billing experience with Invoicera, a user-friendly platform that automates the invoicing process. Introduction Are you looking for a […]

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January 22, 2024

Complex Billing In SaaS: A How-To Guide

Summary SaaS billing streamlines subscription management for businesses. Strategies To Overcome SaaS Billing Challenges: ➡️Explore recurring billing, understand benefits, and get tips for seamless setup. ➡️Introduce pricing versatility in SaaS with tiered structures. ➡️Navigate and optimize SaaS usage-based billing. ➡️Recognize discounts and promotions in SaaS success and implement revenue-friendly        strategies. ➡️Emphasize critical […]

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January 11, 2024

How Can You Independently Track Multiple Income Streams?

Introduction Are you trying to manage several income sources and finding it tough to keep everything in check?  It’s like handling many moving parts—it can get tricky and overwhelming. Nowadays, it’s pretty common to have more than one source of income.  Studies show that about 45% of working Americans are hustling on the side, and […]

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January 8, 2024

How To Maximize Net Terms As A Freelancer

Introduction So, you are a freelancer and have delivered a project but still waiting for the payment? We know this struggle is so frustrating. Not getting paid on time for your hard work can affect your finances & peace of mind. Do you know?  Nearly 71% of freelancers reported having trouble getting paid at some […]

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January 2, 2024

Top Three Payment Trends For Accountants In 2024

Introduction Keeping up with payment changes is super important!  In 2024, the way accountants handle transactions will change a lot. What’s causing these changes?  And how will they affect what accountants do every day? Experts say 2024 will see big changes in how payments work. According to a top financial analyst – ‘Digital banking is […]

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December 19, 2023

5 Things Missing From Your Balance Sheet

A balance sheet tells a story of a company’s financial health—a tale of assets, liabilities, and the missing chapters of overlooked value. Do you truly know your business’s worth?  If not, you are missing something on your balance sheet. A balance sheet isn’t just numbers; it’s a story of your business’s money journey. But sometimes, […]

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December 18, 2023

Collaborative Accounting: Enhancing CPA-Client Work

The accounting world is shifting toward collaboration! Collaborative Accounting is a transformative approach to reshaping how CPAs and clients work together. Collaboration unlocks success in the accounting profession, fostering stronger relationships and delivering exceptional results. Traditionally, the CPA-client relationship has been characterized by a one-sided flow of information, resulting in inefficiencies and missed opportunities.  Statistics […]

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December 6, 2023

Choosing The Best Employee Expense Card For Your Company

In any business, it is very crucial to manage expenses.  Thus, companies are always looking for the right tools or ways to manage cash flow, ultimately leading to better financial decisions.  One of the ways to manage cash flows is by choosing the best employee expense card.  Statistics from a recent survey by ExpenseMate Inc. […]

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November 23, 2023

2023-2024: Top 10 Expense Management Tools

Expense management remains a persistent challenge in the dynamic and modern business world. Manual tracking consumes time and invites errors, potentially disrupting financial harmony.  Yet, with technology enhancement, many expense management tools have emerged, promising efficiency and accuracy. We’ll dive into the top 10 expense management tools for 2024 and beyond. We’ll explore their strengths, […]

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November 9, 2023

Understanding Payment Terms: Safeguard Your Business

No business wants to wait longer than average to get paid for their invoices. We understand late payments are most annoying for any business. Not only this, it can also affect your cash flow, eventually disturbing your financial planning for the future. SMEs are estimated to spend 4 hours per week on the task of […]

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