Introduction Starting out a new business venture? Catching up on a few business terms can help you become a Pro early! While starting out your own new business venture can be really exciting, it can be nerve-wrenching too at the same time. Unfamiliarity with new business terms can cause a hindrance in understanding and communicating […]

Introduction We hope that you know the importance of finance in business! “A study by the U.S. Small Business Administration says 82% of businesses fail due to poor cash flow management or a lack of financial understanding.”  This startling statistic underscores just how critical financial management is to a business’s growth and survival. Finance is […]

Introduction “Beyond transactions, subscriptions build relationships with every renewal, shaping sustained success.” Subscription-based businesses might face issues while maintaining continuous revenue due to multiple subscriptions. If you are also struggling to manage your financial flow perfectly, this blog post is for you as it will take you through every aspect of recurring billing. So, if […]

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 Think about this: You are an accountant! You are back in the office, ready to start your job day! What do you see? You haven’t received payments for the invoices you generated! And what you see is a list of excuses for not getting timely payments. It’s not the first day of this happening, […]

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 […]

Have you ever thought of why some businesses grow and some always struggle to earn a little? There can be multiple reasons but ‘Cash Flow Management’ is the biggest reason for not getting success in a business. Did you know?  82% of businesses do not succeed due to poor management of cash flow. So, how […]

Introduction Efficient records management in any small business is paramount as it ensures healthy cash flow. The accounts receivables and payables management records have a unique significance in the business world. Let’s dive into detailed information about Accounts Payable and Receivable Management and their importance. What is Accounts Payable Management? Let’s first understand, what are […]

What Are Sprints?  Sprints are short periods of intense work, typically lasting a few weeks. Each sprint focuses on a specific set of tasks or features. Every sprint has a well-defined goal that contributes to the overall project objective. It’s like having a mini-milestone to celebrate progress within the bigger picture. Think of sprints as […]