An expense tracking software can instantly streamline the process of filing, approving, and reimbursing business expenses. A recent survey revealed, businesses that uses this tracking software cut processing costs by 53% and improved reimbursement of employee expenses by 71%. If you are planning to get an expense tracking system for your business, first analyze your existing expense tracking process. For example, if you are collecting a high volume of business expense receipts, you might want to look for a cloud-based...

Time. Only the most important thing in the world! Businesses have long stood by the mantra, "time is money". But, time is life. The better you manage your time, the more productive you can be. Although, the million dollar question is - how can you measure that productivity? The answer to this is a productivity tracking software that supervises and records your productivity at the workplace. Since productivity is directly proportional to effective time management, this software is the perfect...

Finding the right invoicing template for your business can save your business valuable time and resources on a daily basis. Considering that invoicing is such an important aspect of any business, it is best to do it right. With invoicing templates available are all over the internet, whether you are using an excel sheet invoicing method, or have just begun to use an invoicing software, your work will become easy. However, the multitude of template options can leave you a...

Accounting and bookkeeping are not interchangeable terms, unlike what many businesses think. These are two essential steps in the process of financial management. Bookkeeping is about recording the data and accounting is about compiling the reports of the said data. In simple terms, bookkeeping is literally about keeping the book up to date with transactions, incomings and outgoings, any exchange of money, and income and expenses. Accounting refers to the laying down of the accounts of the recorded income or...

invoice creation is an integral part of running any business, be it big or small. And when done right, it can make a lasting impression on your client. Now, creating professional looking invoices doesn't have to be hard, as long as you take care of a few things and inculcate them as best practices for invoice generation. You will be able to create better looking invoices that help you get paid quicker. In fact, it is super easy to generate...