Recent Posts

  • Online invoicing tools—a better Excel alternative for remote invoicing
    Manage Accounts Receivable remotely using an online invoicing tool

    Remote work has been steadily on the rise over the past decade. Recent research by GetApp found that remote work nearly quadrupled over the past 10 years. With added impetus from the COVID-19 situation, remote work has become the new normal for many workers. This shift may be here to…

    7 mins read
  • How automating AR and AP can help improve your cash flow during a crisis

    While managing a small business can be an expensive venture in itself, not having the right system in place to manage your cash flow can make it even more expensive, especially when your business is facing a crisis. If your business has been in the market for a little while, then…

    5 mins read
  • Remote payroll management
    How to implement a successful remote payroll management practice

    Studies show that as many as 40 million people just in the US will make work from home regular. The remote workforce number will only increase if we consider globally. With most of your employees working remotely, it's important for the payroll team to always be in sync. The switch…

    5 mins read
  • Why nonprofits should consider raising funds online

    Nonprofits, NGOs, and charities worldwide play a key role in improving healthcare and education, promoting equality, providing disaster relief, and advocating for the environment, among other causes. A 2018 report titled "The Financial Health of the United States Nonprofit Sector" revealed that approximately 50% of the nonprofits in the US…

    5 mins read
  • Moving to ecommerce during a crisis
    How to start selling online

    During a widespread health crisis, selling from a physical store might not be an option for you, and going to the store might not be an option for your customers. The best alternative in a situation like this is to sell online. If you haven’t already started, then now may be a good time to make…

    7 mins read
  • What is Recurring Billing
    What is Recurring Billing

    Recurring billing is a payment model that enables business owners to charge their customers at predefined intervals (weekly, monthly, annually, or custom intervals), for the products or services they purchase. It is often used in subscription business — when the customer subscribes to a product or service, they are prompted to provide…

    4 mins read
  • Diversifying to a subscription model to brace for a recession
    Diversifying to a subscription model to brace for a recession

    Economic crises are characterized by a decline in economic activity due to a drop in spending. Whether it's a mild downturn, a substantial recession, or a severe depression, consumers get more vigilant about their spending. As a result, business owners can experience decreased cash inflow, mounting expenses, poor growth, layoffs, or, in…

    4 mins read
  • Tips to keep your AP in the safe zone during a crisis
    Tips to keep your Accounts Payable in the safe zone during a crisis

    The two most important goals of your Accounts Payable department are to pay your vendors and suppliers on time, and to pay them accurately. Even on a normal day, this requires a lot of precision and coordination. During an unexpected crisis, though, the AP department's job becomes much more difficult. It…

    4 mins read