Preparing your company’s cash flow forecast isn’t something you should do as a mere formality or as part of the general accounting process. It’s one of the primary tools you can use to keep your …
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10 Invoicing & Payment Terms You Need To Know for Successful Business
Regardless of sector or size, businesses need cash flow from clients and consumers to meet their operating costs, such as employee wages and electric bills. That is why knowing and understanding invoicing or payment terms …
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Financial Management Tips & Tricks for Consultants and IT companies
Financial management is essential for a business’s long-term success and growth. It entails establishing, managing, controlling, and monitoring your financial resources to achieve your company goals. You may believe your cash management is complicated and …
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10 Ways to Prepare a Cash Flow Statement Model That Actually Balances
A cash flow statement models the flow of money into and out of your business to give you a better picture of your existing financial situation and how it’s likely to change in the future. …
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10 Biggest Accounts Payable Challenges Every Company is Facing
A company’s Accounts Payable (AP) function can be one of the most stressful and challenging jobs in the business. Every company deals with accounts payable at some point in their business operation, and it’s common …
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10 Features of Invoicing Software That Simplify Your Workday in 2022
As new technologies continue to emerge and grow, entrepreneurs leverage these opportunities to improve their business practices and scale their company’s reach in the marketplace. Businesses have been one of the largest beneficiaries of these …
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8 Tips to Reduce Errors in Accounts Payable
Do you have a hard time managing your accounts payable? If so, you’re not alone! Maintaining and managing your Accounts Payable can be tricky, especially if you don’t have systems in place to ensure the …
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The Future of the Subscription & Billing Management Market
The subscription and billing management market has seen a lot of changes in the last decade. The most significant change came with the widespread cloud adoption, which brought forth new business models for application developers. …
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6 Rules You Need to Follow for Successful Project Management
Project management is a concept that has been around for millennia. Some ancient texts from the iron age mention the difficulty of managing a project. In modern times, project management as a science saw its …
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Why Traditional Banks Don’t Work Hard Enough for Small Businesses?
Traditionally, banks offer better services for larger businesses. Small businesses don’t get the same treatment from banks—and that’s a problem. Why? Because small businesses don’t have the same purchasing power as larger organizations, banks have …
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