7 Invoice Management Tips and Solutions for Modern Businesses
R&D, operations, production, sales, and customer support – there are many tasks that leaders have to deal with while running a business. While invoice management doesn’t seem as challenging as other functions, it’s critical for a smooth AR process. If managed accurately and in a timely manner, invoice management aid regular cash flow, check accounting […]
Improving Accounts Receivable Process: Best Practices from Finsmart
Having an efficient accounts collection process means you can maintain good relationships with clients, improve the business’ cash flow, and manage tasks that take precious time. Young business owners however have little idea of how to improve their AR collection. As a result, they are exposed to the risk of not having enough cash on […]
Outsourced Bookkeeping Services for CPAs: 9 Hiring Tips + Benefits
In the last decade, the demand for outsourced bookkeeping services in India has grown a lot among global CPAs and mid-level accounting firms. That’s because every CPA firm now wants to leverage on CAS (Client Accounting Service) to increase their profitability and scale their practice. By outsourcing the routine Bookkeeping Service, the owners and partners […]
16 Basic Accounting Terms and Definitions for US-based Businesses
How often have you ended a call with your accounting team feeling befuddled about an accounting term? If your answer is a lot of times, then, you’re not alone. A lot of business owners in the US (and at other places too) aren’t familiar with common accounting terms and definitions. However, in order to manage […]
Outsourcing Accounting Services to India? Here are 7 Things to Keep in Mind
The many advantages of outsourcing accounting services in India have made it popular amongst businesses of all sizes. For those who don’t know, outsourcing accounting and bookkeeping companies in India are helping organisations as well as CPA firms boost accounting efficiency, minimise bookkeeping cost, and maximise profitability every year. While thousands of global CPAs and […]
How Global CPA Firms Can Combat “The Great Resignation”: Maanoj Shah
Recently I went for a global CFO meet where I got the opportunity to interact with CFOs across the globe. Every person I spoke to said, staff retention is the biggest challenge they are facing right now. This got me thinking that “The Great Resignation” tidal wave is hitting everyone hard, irrespective of the industry […]