In any business, it is very crucial to manage expenses.  Thus, companies are always looking for the right tools or ways to manage cash flow, ultimately leading to better financial decisions.  One of the ways to manage cash flows is by choosing the best employee expense card.  Statistics from a recent survey by ExpenseMate Inc. […]

87% of businesses receive payment after their invoice due date, with 43% being paid 15 or more days late. – Chaser Do you also fall in the 87% of businesses that receive late payment and are stressed due to cash flow constraints? If yes, it might be impacting your credit score and business reputation. Well! […]

Studies reveal that 78% of businesses credit their growth to adopting sophisticated accounting software. Source: Business News Daily Among the top software, FreshBooks, Xero, QuickBooks, and Invoicera stand out. FreshBooks offers user-friendly features, Xero boasts a robust cloud-based platform, QuickBooks is versatile for businesses of all sizes, and Invoicera excels in diverse invoicing capabilities. This […]

Accounting software has become the cornerstone for businesses to streamline operations, track finances, and ensure precision in every transaction. According to recent studies by Forbes Insights, 88% of businesses credit their growth to adopting advanced accounting software. For managing finances, there are many options available, but these three products stand out – NetSuite, QuickBooks, and […]

Expense management remains a persistent challenge in the dynamic and modern business world. Manual tracking consumes time and invites errors, potentially disrupting financial harmony.  Yet, with technology enhancement, many expense management tools have emerged, promising efficiency and accuracy. We’ll dive into the top 10 expense management software for 2024 and beyond. We’ll explore their strengths, […]

By 2025, the subscription economy will reach a market size of $1.5 trillion. Source: UBS Wealth Management If you own a subscription business, you might be looking for a tool to make your financial management easier.  Before choosing any tool, a lot of questions can come to your mind like:  How to pick the best […]

Confused between quotes, estimates, bids, and proposals? Well! Not only you, but many get.  All the terms sound similar, and that’s why we often make the mistake of using the wrong term in the wrong place. Bids, proposals, quotes, and estimates have different meanings and their usage differs for every industry & business. If you […]

A strong business strategy is like the game of chess, where KPIs make every move easy.  No doubt, in this competitive world, standing out is difficult. But what if you have a business strategy that makes it possible?  Decisions that can mean the difference between thriving and merely surviving. But how can you ensure your […]

The most important aspect of any business is financial stability.  If you understand your company’s financial health, then only you can make better future decisions ensuring its sustainability.  So, how can you do this?  Cash flow projections help you to predict future finances to a greater extent. Let’s consider the below quote. It clearly explains […]

No business wants to wait longer than average to get paid for their invoices. We understand late payments are most annoying for any business. Not only this, it can also affect your cash flow, eventually disturbing your financial planning for the future. SMEs are estimated to spend 4 hours per week on the task of […]

Introduction Are you finding it difficult to predict your monthly revenue? Or are you struggling to retain your existing customers and get on-time payments? If yes, you must switch to subscription-based models for long-term sustainability.  These models not only boost your revenue but also provide a sustainable path for business growth. A report by Gartner […]

Running any business comes with a lot of responsibilities. Besides strategy, execution, P&L, you need to pay attention to taxes and compliance.  Furthermore, in order to maintain good financial health, you must have an eye for detail when making tax and compliance-related decisions. In this blog post, we’ll discuss the types of business taxes, their […]