You aren’t a debt collector. But when your client doesn’t pay their invoice, it starts to feel like they’re trying to avoid paying you. And it always gets a little awkward asking for payment, especially when you’re a small business and they’re a bigger player. It’s natural for most of your clients to try to […]
Too many small business owners spend too much of their time in their business rather than on their business. They should be driving growth, profit and business development! The solution: Automation. To automate your business processes is to free up time so you can handle more high-level tasks. There is no shortage of automation solutions […]
Over the years, accounting has evolved. From using manual methods in the early 70s to technology and automation in the 21st century. What used to be a backend part-time job has become a high-profile career, powering companies forward. And as the world transitions digitally, cloud based accounting will soon be known as basic accounting. Accountants […]
Human resources issues (or not having the right HR solutions) are one of the toughest challenges a small business will experience in its growth. While you have to compete against the more prominent companies in your industry, the simple fact is that you don’t have the budget to match a full scale in house HR […]
The Problem Needed a system that was easy to use and could manage all their sales orders and invoices Faced cash flow issues. Wanted to shorten the cycle between fulfilment and getting paid Unable to analyse finances properly due to poor financial reporting The Solution PO and invoice matching, plus integration with CRM helped […]
The most time-consuming and frustrating award in an HR department goes to… (drumroll)… keeping employee records! Jokes aside, this can be an extremely tedious task. How much time do you spend filing, retrieving, accessing, and updating your employee records? If your company like most SMEs, this seemingly unproductive task is one that your HR team […]
Cash flow. Mention these two words to almost any small business owner and you’ll see them flinch. Tiny as these words seem, they cause 82% of small businesses to fail. And while many small business owners agree that cash flow is the #1 risk they face, many still struggle to increase it. What is cash […]
Cloud computing and business Cloud computing (aka The Cloud) is simply using the internet to access software and storage, rather than physically installing it in a computer. In the early days, businesses weren’t aware they had access to cloud-based tech, with obvious online services such as Gmail. Then other platforms like Dropbox and iCloud soon […]
With new tech finding its way into our everyday lives, consumers now have new levels of expectations and new ways of doing things. A new wave of automation and digital transformation is also flipping companies on their heads. It’s all about speed and accuracy these days. “Work smarter, not harder” has become common-phrase. This entire […]
As an accountant, you have a lot on your plate. You’re managing the company’s finances – the lifeblood of the business. It’s messy to balance the accounts receivable and payable by yourself, even with the help of accounting software. While the seasoned accountants and bookkeepers are calm and organized, others may be running around in […]