In the fast-growing world of small business, it is important to manage the money flow to ensure financial stability. Accounts payable and receivable are crucial components of a business’s cash flow. Proper management of these two functions ensures that the business remains financially healthy and can meet its obligations on time. In this blog post, […]
The process carried out by companies and individuals alike to reconcile both credit card statements with internal records, like your receipts, invoices, etc., is called credit card reconciliation. It is recommended to conduct this process every month to identify any problems if they do exist easily but people conduct them depending on their availability and […]
KPIs and Metrics are real-time scorecards that give you visibility over the progress and assessment of performance. Tracking the right KPIs helps you know your current status and enables you to steer your ship towards the right destination. The more complex & comprehensive the process higher is the need for identifying and tracking the right […]
