Business processes constantly undergo a change upon new formation of departments or an organizational structure change, new hires or when the merger or acquisition happen. This, in turn, affects the way an entire expense management system operates. In such a scenario, you need an apt online billing and invoicing software solution that can easily adapt to the changes and integrate well with the business process. Every...
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It’s all about maintaining the balance, isn’t it? And the same can be implied when it comes to managing your business as well. Whether small or large business, every trade goes through the billing and invoicing related process. Few of the terms such as ‘Purchase Order’, ‘Invoice Estimates’, etc sometimes can confuse you and tend to make mistake in the business process. In business, you...
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Subscription-based business service providers have seen a whopping rise in the growth with more than 100% from 2011 to 2016. Customer’s preference is now diverted towards services and products. Artificial Intelligence and Machine Learning are gaining popularity in the subscription-based business services and hence it proves to be promising news for Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS). Simultaneously, it also showcases the vital stats for optimizing...
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Invoicing is critical, invoicing is important, invoicing is everything. Yes, irrespective whether you have a small or large business organization or startup, invoicing is crucial for every segment of the business. Especially, if you are a freelancer, this becomes the primary source to get paid for your work. When you put together a proper and good invoice, it assures you of the quick payment and in...
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Are you running a small business or working as a freelancer? Then nobody understands better than you the pain of not getting paid on time for product or services already delivered. Some clients might take weeks before your payment is credited to account. Freelancers usually have to deal with many projects but mostly they all individual project and require to deal with a one-time client only...
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One of the important aspects of any business especially, if it’s a small and medium enterprise is to keep on crunching numbers. “Gross Profit Margin” is the resultant factor of crunching numbers. Gross margin is the difference between revenue and cost of goods sold divided by revenue. Gross profit margin implies that you have made a profit in the trade and shows the percentage of revenue...
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In this blog post, we are going to shed some light on what are the options with businesses to receive money through invoice factoring. But before that, let’s understand what is Invoice Factoring and how invoice factoring works in brief. In simple words, Invoice Factoring is to sell your outstanding or unpaid invoices to a third party company (factor) to and borrow against those invoices to...
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Freelancing lets you be the boss of your own time. It gives you the leverage of picking your own hour of the day to work as long as you submit your project on time. It also means that you have to manage your own cash flow and in order to so, you need to deal with numbers and be your own accountant for a while. For...
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Time is money and no one understands this more than a small & medium enterprise who is constantly striving to make it to the bigger arena of the large corporate world. In times like this, when organizations are crunching to micromanage all the activities and enhance tasks efficiency to increase business productivity, time tracking, and expense tracking elements can play a vital role. Time tracking helps...
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Your business needs a proper reporting system that provides timely updates, insights, and reports that shows how your business is performing over a period. It is the part and parcel responsibility of every business owner, whether running a small/medium or an entrepreneurial firm to keep checking on the crucial elements that need to be included in the invoices. Invoice Design At Moon Invoice, we have created professionally...
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