SMEs can do better with the SaaS model. Cloud-based systems will make it easy to input data from multiple devices. Storing sensitive information on your local machine is not the best practice. Cloud-based accounting system has high-security protocols in place, making it difficult for hackers to access. SaaS vs. Installed Software So, why should you switch to SaaS software? The ...

It is the Accounts Payable (AP) department that handles cash flow within the organization. There might be a lot of circumstances where mistakes can happen. The good news is that most of the mistakes are avoidable by following some of the best practices. Here are a few best practices that empower AP departments to perform their job better: Scan Invoices ...

Business travel has experienced many changes since the launch of the mobile application. Given the major changes in the industry landscape, it is easy to overlook how mobile has changed the business travelers experience over the last few years. The advent of mobile-optimized and cloud-based enterprise applications has made travel easy. Integrating seamlessly with other enterprise resource planning (ERP) applications, ...

Companies are looking for more practical ways to save money on business travel. Corporate travel has become a strategic investment with expected returns, so it is best not to take a penny-wise approach for travel and expense management. Most businesses often overlook the costs associated with business travel, which can drain a company over time. So, the following are three ...

Expense management is one of the biggest challenges of a growing business. It may be due to trivial work procedures that fail as your business grows. Figuring out the best ways to manage and monitor employee expenses is not usually on the priority list for companies. When an organization is small, the expense set up may seem minimal. This is ...