Introduction Telecom companies face a big problem: dealing with billing and cash flow. With numerous customers and various service types, billing mistakes are bound to happen. A study by Ovum tells that telecom companies annually lose 2% of their revenue because of billing mistakes. Those are billions of dollars falling through our fingers. This is […]
Introduction The business landscape has changed forever because of cloud-based systems and technology. Cloud-based invoicing, for one, helps small businesses stay financially healthy. Many business owners overlook the importance of their invoicing systems, which is understandable as their focus is often on networking, strategizing, and boosting sales. However, even with success in these areas, the […]
Introduction Ever spent hours buried in spreadsheets, manually creating invoices and chasing down payments? You’re not alone. A recent study found that 60% of contractors spend more than 5 hours per month on manual invoicing tasks. That’s valuable time that could be better spent focusing on what you do best: building and delivering exceptional […]
Introduction A professionally-looking billing statement is always an important part of your business, which is why you need to focus on creating well-organized and easily comprehensible billing statements. There are free invoice templates that are available in a variety of formats and styles, but customized billing statements are preferable so that your customers can easily […]
Introduction Are you having a hard time creating professional invoices? You’re not alone. According to the survey, more than 60% of small business owners consider it a time-consuming and irritating task to issue invoices. Worry no more! Online invoice generators have made it possible for businesses to manage billing in different ways. With just a […]
Introduction Have the tinted hours of manually overseeing your company’s invoices become your partner? Is it all about the paperwork that just causes confusion and lost payments, and how do we promptly keep up with the bills? If that is exactly your situation, then you aren’t alone too. For small-sized enterprises, invoice management is a […]
Introduction As a lawyer or legal consultant, your entire day is spent on constantly brainstorming about your client’s legal issues, solutions and potential risks involved in their daily business activities. But how often do you think about potential business risks in your business activities? The money that you’re losing right now? How much time do […]
Introduction Right in the middle of the night, when I was sipping my coffee and reading news about how a company lost almost $2 million just because its major documents and invoices got burnt under a sudden fire that cracked because of a major short circuit in the office. It was devastating to see how […]
Introduction Are you having trouble managing regional invoicing rules for your business? This guide should be all that you need. In this article, we’ll discuss regional invoicing rules and best practices for businesses to manage internal invoicing. Businesses can now operate globally, enabling you to work with different companies from anywhere in the world. Still, […]
Hmm, are these situations similar to yours? Feel like you are flipping through data or stuck in an endless cycle of client interactions, communication, and appointments? Is your team working together to discover ways of sharing data related to the customer? Does any lack of communication and building strong relationships with customers disturb you? Do […]
Introduction What is the first step to take when you want to start a business? Some would argue that it’s coming up with an idea and building a prototype. We disagree! The very first thing you need is your financial forecast. A business financial forecast is a crucial piece of financial information that lenders and […]
Introduction Errors are inevitable in any process. Although sometimes they might be annoying and time-consuming to rectify, it’s not impossible to fix them. And we know you are having difficulty managing your accounts payable errors, but it is crucial to maintain a healthy financial system. We aim to empower you with practical tips to help […]
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