Financial Management

Introduction Are you a business owner who is dealing with the complexities of payment terms, and trying to balance between cash flow and client satisfaction?   Imagine you’ve delivered top-notch products or services, but your invoices are met with delayed payments, impacting your business’s financial health.  Ever wondered how to overcome this situation? In business transactions, […]

Introduction Are you looking for a billing method that suits your business?  Many businesses face challenges in understanding and implementing effective client billing methods.  According to a recent survey by the National Business Association, 65% of businesses encounter issues related to client billing. This impacts their cash flow and hinders business growth.  Thus, we have […]

Introduction Ever feel overwhelmed by the puzzling world of Software as a Service (SaaS) billing? You’re not the only one who is confused! The global SaaS market is exploding, set to hit a whopping $220 billion by 2024. But with growth comes complexity, especially when it comes to billing. Here’s the challenge: How do you […]

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 […]

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 […]

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, […]

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 […]

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. […]

Introduction Expense management is undisputedly one of the primary issues faced by organizations in today’s ever-changing business times. Manual tracking consumes time and leaves room for errors, possibly disrupting financial prosperity. Nevertheless, technology upgrades have led to the development of numerous expense management systems that aim to provide better accuracy and efficiency. We’ll delve into […]

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 […]

Are there moments when you feel that there is more to accounting than just QuickBooks? Well, you’re not alone! A SmallBizTrends latest survey reveals that “85% of business owners are seeking accounting software alternatives. While QuickBooks has been the ruling king of this domain for a long time, it’s not the only option. It’s time […]

Whether you have a startup idea or are already running a business and want to improve your finance management, this blog post will be an insightful read for you. Financial management is the most important aspect to grow and make your organization renowned. A report by CB Insights says that 38% of businesses fail because […]