Blog

  How SMBs Can Improve Their Balance Sheet

A balance sheet is like a thermometer for SMB owners that provides a reading on the health of their business and ignoring it can be fatal to a business as it records all the assets, debts and shows the 'net read more...

  Top 3 Common Payroll Compliance Errors made by SMBs

SMB owners are often so focused on growing their business that they neglect an important issue - payroll compliance. From payroll and benefits to hiring processes, employee relations and risk and safety read more...

  Top Financial Issues SMBs Continue to Face and How to Fix Them

Countless unexpected issues can pop up for SMB owners that create seemingly overwhelming challenges - many of them financial in origin. The most common issues faced by SMBs are: maintaining a positive cash flow read more...

  The Top 4 Pain Points of Growing Childcare Business

If you are like most childcare owners, you started your business because you love kids and have a passion for providing a safe and loving place for families to bring their kids. And, if you are like those same people, you probably read more...

   4 Ways to Conquer Major Accounts Receivable Challenges for SMBs

Accounts receivable is perhaps the most critical process for SMBs to conquer as its improper management could lead to unhealthy cash flows. There are several challenges that SMBs encounter during their accounts read more...

  Tips for an Efficient & Successful Month-End Close for SMBs

The monthly financial close process is a daunting task for many small and medium businesses (SMBs), as it consumes many hours to double-check data and formulas, fix mistakes and consolidate multiple read more...

  Hallmarks of a Good Payroll Process

Payroll processing plays a vital role in every business – no matter how big or small it is. Managing the payroll process effectively is truly complex as it requires knowledge of current taxes and regulations read more...

  Best Practices for SMBs to Streamline their Audits

“Audits” are usually considered a monumental undertaking for small and medium business (SMBs) owners. However, audits plays a critical role in helping to evaluate the effectiveness of a company’s internal controls read more...

  Five Things You Can Do Now to Make Yourself a Hero Before Your Next Audit

We are approaching the time of year when nonprofit organizations with a June 30th fiscal year end are thinking about either an external audit or about submitting a final report to contributors read more...

  Financial Reporting Challenges SMBs Face!

For any business whether small, medium or big, the significance of financial reporting cannot be underestimated - it provides information about the financial position and changes read more...

  Major Payroll Challenges Faced by SMBs

Managing payroll is a task that demands a great deal of attention and even a minor error in its processing can result in significant monetary losses for a business. read more...

  3 Ways SMBs Can Stay On Top Under the New Tax Landscape

President Donald Trump has signed into law the most extensive overhaul of the US tax code in nearly 30 years read more...

  5 Tips for Managing the Cash Flow of Your Organization

Cash flow is the lifeblood of an organization as cash flowing regularly into a company is necessary to pay salaries, buy inventory and literally keep the lights on and the doors open. read more...

  6 Ways to Maximize AR Collections

Accounts receivable is the most critical, yet challenging, process for any organization. Improper accounts receivable management leads to unhealthy cash inflows and easily to the downfall of a business. read more...

  Smart Accounting for Smart Businesses

In today’s highly competitive world of business, optimum utilization of time plays a vital role for a business's sustainable growth. Considerable time of SMB owners is consumed in Payroll processing, managing cash flows, read more...

  PLATFORM BASED PROCESSING – THE NEXT GEN CLOUD-BASED ACCOUNTING MODEL

Over the last 10 years, the outsourcing of business processes in general and non-core functions like IT, HR, F&A, Procurement and others have evolved rapidly and come to be routinely serviced from delivery centers read more...

  Top Three Challenges Facing Retail Industry

Retail is one of the fastest growing and most competitive sectors these days. Although, managing a retail store looks like a simple concept of buying from a manufacturer or a wholesaler and selling the goods at a profit to the end consumer. read more...

  DEMYSTIFYING MYTHS ON OUTSOURCING YOUR IT PROCESSES

In this era of technological advancement, it is important for the organizations to ride the wave of digitalization to stay competitive and relevant in today’s marketplace and SMB’s... read more...

  3 QUESTIONS TO ASK BEFORE OUTSOURCING THE BOOKKEEPING AND PAYROLL TASKS OF YOUR BUSINESS

In today’s highly competitive business ecosystem, optimal utilization of time plays a vital role to lead the business towards sustainable growth. Bookkeeping and payroll administration... read more...

  Four bookkeeping tasks SMB’s should outsource

SMB owners need to wear different hats each day as they juggle with varied responsibilities of their business. As a result, time remains extremely precious for them. In order to maximize... read more...

  Outsource Accounts Receivable to drive working capital improvements

In today’s highly competitive business ecosystem, optimal utilization of time plays a vital role to lead the business towards sustainable growth. The key decision makers of the business... read more...

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