Introduction Everyone is going cashless now! But how to handle petty cash when everyone is switching to digital payments? Businesses lose 5% of their revenue when they don’t manage expenses correctly. This blog will discuss about petty cash, offering insights into effective management, along with tips, tools, and solutions to overcome challenges in expense management.  […]

Introduction Imagine a customer comes to you and asks for your services, but you are not able to provide the payment option of their choice.  This will eventually make the customer unhappy, and they can take back their decision of choosing you.  But don’t worry! Bill Gates once said, “Your most unhappy customers are your […]

With rapid economic shifts, this year may be ideal for reevaluating your pricing strategy.  Determining when and how to increase your rates can be daunting as a business owner.  You likely already have an established pricing structure but may be unsure how high to raise prices to boost revenue without losing customers. This dilemma leaves […]

Introduction Stuck sending invoices by hand, chasing late payments, and drowning in paperwork? Traditional invoicing methods can slow you down and limit your business growth. But what if there was a better way?  This post discusses useful invoicing features that can simplify your processes, boost efficiency, and unlock new revenue streams. We’ll dive into time-saving […]

Introduction Sometimes, you want your company to make a certain amount of money. To do this, you plan actions to reach that goal. This is called profit planning. It is beneficial, especially for architecture and engineering companies. Making a profit is important for any business. But many companies do not plan enough for how much […]

When you start a new project, you need to make a plan. As the project manager, you decide how and when to reach the goals. You also figure out all the tasks your team needs to do.  Did You Know? Companies that consistently complete projects under budget have 65% higher profit margins. You must put […]

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 Are you confused about whether to switch to paperless invoicing or not? You might be facing these issues if you are still using paper invoices: Organizing the invoices can be time-consuming.  Excessive paper usage and waste Manual handling leads to delays Expenses related to printing, postage, and storage Businesses worldwide generate a staggering 20 […]

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 “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 […]

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 […]