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Studies reveal that 78% of businesses credit their growth to adopting sophisticated accounting software. Source: Business News Daily Among the top software, FreshBooks, Xero, QuickBooks, and Invoicera stand out. FreshBooks offers user-friendly features, Xero boasts a robust cloud-based platform, QuickBooks is versatile for businesses of all sizes, and Invoicera excels in diverse invoicing capabilities. This […]

Accounting software has become the cornerstone for businesses to streamline operations, track finances, and ensure precision in every transaction. According to recent studies by Forbes Insights, 88% of businesses credit their growth to adopting advanced accounting software. For managing finances, there are many options available, but these three products stand out – NetSuite, QuickBooks, and […]

When you start up your business, there are many startup mistakes to consider before setting out to fulfill your dream of becoming an entrepreneur. Prepare yourself financially to start right and avoid the expenses of starting and running your own business. When putting together your business plan, it’s essential to plan for these expenses, as […]

Account reconciliation is one of the accounting process’s most significant and often overlooked aspects. Invoice reconciliation is a tedious task, but it’s also one of the most important things to ensure your business stays on track. It is important to know that Invoice errors can lead to mismatches between income and expenses, adversely affecting your […]

The freelance word was derived from two separate words, i.e., free and lance, indicating independent workers. Being a freelancer, you work with freedom, such as which projects you will work on, who will be your clients, how many projects you will work on every month or every day. After that, the payment cycle and cash […]

Many contractors started signing the projects, earning as a side job, then slowly it became their business as independent contractors. This means now the independent contractors should undergo basic requirements. You must be thinking, ‘as long as I am working and getting paid, will this really matter?’ The answer is: yes, whenever you provide service […]

What number of surveys have you perused to date? Numerous! Each invoicing software professes to be the best fit for your business. In any case, what amount of these really oblige all your AR/AP or Cash Flow Management needs?  *Information from the BLS shows that roughly 20% of new organizations fall flat during the initial […]

For how long have you been hearing experts telling you that Digitization is the future? Forever since the internet came into existence experts have been optimistic about it changing the future. Recently we have experienced businesses changing their outlook towards transactions and breaking boundaries to deal in the global markets. In this scenario, accepting physical […]

Businesses, regardless of the industry or size of business they’re in, are inclining towards accepting payments online. Thanks to the instant, as well as, long term overall advantages.  Moreover, there has been a steep rise in the adoption of online payments since the use of smartphones has increased. Statista, in one of its reports, has […]

A balance sheet is an accurate description of the financial health of a company on a particular date. A balance sheet is usually created at the end of a year or quarter.  The balance sheet summarizes the financial aspects like assets and liabilities. It shows how much money is owed to creditors and how much […]

Do you know? Accurate project estimation is more important than creating invoices itself. It is your ticket to grabbing your desired project. An estimate is your first official communication with your client. It needs to be perfect. It is the first impression you will be leaving on your clients, make sure you avoid any errors. […]

In this digitally-powered century, convenience has come with challenges, as the world has become much more complicated these days. Running a business online makes easier for us to get customers without being affected by geographical boundaries, but a flood of business competitors have converted this ease into a headache. There are many factors to be […]