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Let’s take a gruesome reality into the picture of doing business apart from building and maintaining client relationship, growth, stability, etc.is receiving regular on-time payments from the clients or customers. Because without that cash-flow it becomes very hard for your business to be in smooth operation. Let me hit you hard with certain aspects-to-figure ratios that might be an eye-opener as to how traditional business models...

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Invoicing technology and methods have transformed greatly. Initially EBPP, i.e Electronic Bill Presentment and Payment was started and offered as a way of transformation of the bill or invoice into the digital era. By definition, in general, it is a process that allows to present the bill and collect the payment from the customer via the Internet or any other means of electronic communications. However,...

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One of the common reason for the failure of newly established businesses is either because of cash deficiency or due to delayed payments from their customers or vendors. However, there was much to add to the relief upon receiving the showering growth in the online invoicing industry. One of the prominent leader in invoicing industry i.e, Moon Invoice has introduced the integrated payment solutions for...

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The government introduced GST as one tax nationwide for tax transparency. With this tax came frequent invoicing and invoice for every transaction. An invoice is the basic document of recording and maintaining the accounts. GST ready invoice template was provided by the government. The template includes all minute details like supplier’s name, shipping and billing address, Place of supply, date of issue, rates etc. Each...

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Small Businesses Give Competition Large Competitors

Big companies have so many advantages, after all. They have a more recognizable brand, and they can easily outspend you on marketing and advertising to keep that advantage. They can use economies of scale to undercut you on pricing, they can use their resources to buy bigger, better stores or fancier equipment, and much more. Still small businesses can be beneficial for the to-be customers in...

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What makes you relook at your invoice before it slips across to the end user? Whether to provide detailed inline data or a summary of transactions, consistency has to be maintained on a bill. Prominent Characteristics of Invoice Management App Most of the powerful web based invoicing solutions are free but ones with more advanced features are in between $24-$99. Have a look at gamut of features...

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For the owner of a start-up company, riding the wave of fast growth can be an exhilarating experience. Rapid growth means more challenges and increased expenses in various quarters might throw a spanner in your works unless managed effectively. Identifying the right Expense Management system can be a life saver for your business in this scenario. The following costs are a few deadly speed breakers for...

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A lot of factors influence the day-to-day operations of an SME business, the most important being the cash flow. As per International Finance Corporation, the overall financing gap in the MSME space is Rs. 2.93 Trillion and that around 97% of MSME’s in India face a working capital crunch. Long credit cycles can adversely affect the cash situation, and an SMB owner must explore financing...

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Clever-Ways-to-Attract-New-Clients

When running a business, repeat customers are one of your best assets. They provide a steady flow of income (most of the time), and they’re valued people you already have a history with. Though there’s the possibility that they will jump ship when something better comes their way, you can’t discount how big of a help they’ve been to you. With that in mind, you start...

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