Accounting management is one of the key business operations that determine the overall efficiency and performance of a business. Effective accounting operations can lead to increased compliance, better cash flow management, and improved financial decision making. Back in the day, accounting was increasingly manual and…
Point-of-sale systems have turned the retail industry upside down in several ways. Complex sales operations that once required cash registered and never-ending queues can now be completed digitally within seconds. But if you’re a new retail business, the first step is to choose the best…
Making a living out of a photography business is becoming more and more difficult. As if the rising competition wasn’t enough, delayed payments and dishonest clients have made it difficult for photographers to thrive. But you know what. There’s a solution. Having the right billing…
The retail industry is surging. A report from Statista suggested that global retail sales in 2020 reached a whopping $23.3 trillion. Several factors have contributed to this rise, such as the rise of e-commerce and the growing number of retail businesses across the globe. The…
Invoicing plays a pivotal role in any business. Not being able to create and send invoices accurately can lead to delayed payments, hindered profits, and a bad business reputation showed an article from Intuit. Thanks to invoice generator software for Windows PC, you get access…
A joint report by FIS Global and Amalto indicated that incorrect invoices contribute to 61% of late payments. Even though software solutions and free professional invoice templates have made the invoicing process automated, invoices continue to be full of errors. This problem is more widespread…
Transactions and payments are the fundamental blocks of running a business. Invoices help you record all the transactions you make with your clients and customers. But with companies working on different business models, the type of invoices issued can also vary. In this post, we’ll…
From manual bookkeeping with cash registers to tap and click on mobile devices, accounting has come a long way. New trends are constantly emerging that are paving the way for the future. In this article, we’ll look at nine accounting trends that will shape the…
A US Bank study suggested that 82% of businesses fail due to cash flow management issues. And most businesses face cash flow issues because their clients and consumers don’t pay them on time. Unpaid invoices are a major issue for most small and medium businesses…
If you’re a business owner, you probably already understand the value of efficient invoicing. Creating accurate invoices and sending them to clients in the least possible time can skyrocket your chances of getting paid on time. An article from Due showed that a lack of…