Business Operations

Efficient Business Operations: Solving Challenges, Boosting Results

February 19, 2024

Petty Cash Management 101: Tips And Techniques

Summary Petty cash is a small amount of money a business keeps to cover little expenses.  It is essential to manage petty cash effectively. Thus, here’s what you will learn through this post: Easy management of petty cash Challenges and solutions to handle petty cash How is it different from regular cash Go digital to […]

Read More
February 14, 2024

Top Payment Solution Software For Growing Your Small Business

Summary A payment software solution makes paying and receiving money online easier and more organized. Payment software enhances financial transactions and overall efficiency for small businesses.  Notable options include Square, PayPal, Stripe, and more, with the best security and integration capabilities.  Invoicera stands out as a comprehensive invoicing solution, offering core features, customization options, and […]

Read More
January 16, 2024

How To Achieve Financial Clarity With Expense Reconciliation

Introduction “The lack of clarity in finances can quietly harm businesses, often remaining unnoticed until it leads to major losses.” In the ever-changing finance world, achieving clear finances poses a tough challenge for businesses worldwide. According to a recent Deloitte survey, about 51% of businesses face incomplete or wrong expense data issues. This problem doesn’t […]

Read More
January 15, 2024

What Are The 5 Types Of Crowdfunding And Which Suits Your Business?

Introduction Crowdfunding is not just about collecting funds; it’s about building a community, telling a compelling story, and transforming dreams into reality. It has become a game-changer for turning ideas into reality.  In 2020 alone, the global crowdfunding volumes soared past $34 billion, highlighting its massive appeal and effectiveness, as per Statista. But behind these […]

Read More
January 9, 2024

Creating A Foolproof Accounts Receivable Workflow

Introduction Have you ever found yourself in a frustrating loop of waiting for payments that are never on time?  It’s a common struggle among businesses—almost 60% grapple with this challenge!  But fear not!  There’s a solution: creating a foolproof accounts receivable workflow.  Now, there comes a question: how to create it? For this, we have […]

Read More
January 5, 2024

Combining Project Management And Billing

Introduction Do you also get confused when handling multiple projects and billing simultaneously? It’s not just you.  Combining billing with project management is a wise decision, but demands careful planning for a successful business journey. According to a survey by the Project Management Institute, organizations waste an average of $122 million for every $1 billion […]

Read More
January 1, 2024

Top 12 Accounting Automation Tools For 2024

Introduction The demand for precision, speed, and efficiency in financial management is more critical than ever. This is where accounting automation comes into the picture. Accounting automation tools have made a significant place in today’s digital world.  According to a recent report by McKinsey, nearly 50% of finance activities can be automated. However, with lots […]

Read More
December 25, 2023

Building vs. Buying: Should You Develop Your Own Custom Invoicing Software?

Introduction Efficient financial management in any business stands as a cornerstone of success. Invoicing software is your future-ready solution to make this process automated, error-free, quick & efficient.  In the quest for streamlined operations, businesses often face a difficult choice: should they create their own custom invoicing solution or opt for an existing one? 67% […]

Read More
December 21, 2023

Best Business Budgeting Tools Of 2024 – Optimizing Financial Management

Have you ever wondered how much businesses spend annually on outdated financial tracking methods?  According to recent statistics, inefficient expense management costs businesses 5-10% of their annual budgets.  This emphasizes the critical need for advanced financial planning tools. Financial tracking software has evolved significantly, offering businesses many options tailored to their specific needs. From simplified […]

Read More
December 20, 2023

How to Handle Partial Payments On Invoices

Introduction Have you ever found yourself juggling incomplete payments on your invoices?  Handling these partial payments can often feel like completing a puzzle with missing pieces. According to a study by the National Federation of Independent Business (NFIB), approximately 64% of small businesses experience late payments from customers, with a significant portion being partial payments. […]

Read More
December 14, 2023

Best Free Project Management Tools of 2024

Are you looking for a tool to manage your projects?  Your search ends here! Whether you are a freelancer, part of a small team, or a big organization, the right tool can make your work much more manageable. But let’s be honest – there are so many tools in the market, and it can be […]

Read More