In business, the customer is always right. But sometimes, it can be hard to know who that customer is. With the advent of big data, businesses are now able to track what customers are doing and how they’re behaving in order to better serve them. This opens up a new era of customer service where […]
Difference Between Sales Order and Purchase Order Read More »
Business is not only confined to vendors and buyers but there are a lot of aspects that need to be taken care of. The same is this scenario when the business is looking forward to creating the invoice mentioning all the details. Some new businesses have no clue what is a purchase order and how
An invoice creates a big role for a business. It includes details considering the cost of the products purchased or services rendered to the buyer. These have also proven to be a legal record for both buyer and seller, so there will be no discrepancy later on. As we all know, for a very long
14 Different Types of Invoices For Your Businesses Read More »
For all the businesses out there, invoices have a big role. It helps them improve the cash flow and easily understand the business’s expenditure. For a very long time, businesses have been considering manual invoicing. But we cannot forget that the technology boost has come up with different invoice software that can make this task simple.
Manual Invoicing vs. Invoicing Software: Which One to Prefer? Read More »
While the business world has relied on the traditional approach for invoicing, the online invoice is the new phenomenon that is making invoicing more efficient. There have been many debates challenging the efficacy of invoicing software and how it is better than the traditional approach. Gladly, there are enough reasons to support the efficiency and accuracy of paperless invoicing. In this post, we have shared 5 good reasons why you must make a switch from traditional invoicing practices to paperless invoicing.
Invoice management, irrespective of its boring nature, is a critical task that a business must attend on a day to day basis. Right invoice management is vital for successful cash flow management and hence it is imperative to know what different kinds of invoices are used in businesses. Proforma Invoice is a significant part of the invoicing process and also an aspect with a lot of ambiguity around. What is a proforma invoice and when should one use it is a most commonly asked question.
Accounting software proves beneficial for all types and sizes of businesses in several ways. Whether you have a small business or a skilled accountant taking care of your accounting needs, getting a bookkeeping software can help you maximize the credibility of your accounts. From cash flow interpretation to managing expenses and profits, advanced bookkeeping software brings accuracy to every aspect of your accounting processes.
Does a Small Business Need bookkeeping software? Read More »
Every year, many businesses have to deal with a common problem, i.e. late invoice payment. It is observed that over 60 percent of all the invoices raised by a business are paid late. Moreover, the statistics suggest that on average business invoices are paid six days late and more than one-fifth of the invoices are paid late by more than 2 weeks.
5 Reasons Why Packing Slips are Important for E-commerce Businesses Read More »
Every year, many businesses have to deal with a common problem, i.e. late invoice payment. It is observed that over 60 percent of all the invoices raised by a business are paid late. Moreover, the statistics suggest that on average business invoices are paid six days late and more than one-fifth of the invoices are paid late by more than 2 weeks.
How Billing Software Help To Deal With Late Invoice Payments Read More »
Every investment in a business is made with the hope of getting maximum returns. However, to attain this goal, the business needs to walk through tough paths, ensuring the best optimization of resources and management of different processes. The surge in the revenues earned cannot be earned overnight but is a continuous process that can be achieved by effective management. Stock Management is one of the key processes in an organization that ensures that the business runs smoothly, catering to the customers, and earning profits
The Key Benefits Of Using Stock Management Software Read More »