Recent Posts

  • What is a budget?
    Basics of business budgets

    According to a survey conducted by Clutch, 61 percent of small businesses have not created a formal budget. Without a budget, you may not understand how your business is performing. Creating a budget helps you understand how much money you have, how much you have spent, and how much money…

    5 mins read
  • procurement-covid19
    Emerging from COVID-19: 6 procurement strategies to navigate the crisis

    The COVID-19 outbreak is doing a lot of economic damage. Unemployment is high and businesses are struggling with lost revenue, supply chain disruptions, quarantine measures, and factory shutdowns. Economists suggest that recession is coming or already in progress, and the IMF projects the downturn to be the worst since the Great Depression. If you are…

    6 mins read
  • Choose recurring billing and subscription management software
    What to look for in a subscription billing tool

    Billing management for traditional businesses and subscription businesses look very different. In the former, invoices and payments are made on a one-time basis. For the latter, they are recurring events. Subscription businesses also need to handle different stages of a customer's lifecycle like signing up, upgrades and downgrades, issuing credits, and unsubscribing. Needless to say, manually performing these…

    5 mins read
  • 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