" alt=""> Managing finances is the backbone of any business, large or small. Among the various financial processes you may encounter, invoice reconciliation stands out as an essential practice. But what exactly does it entail, and why is it so important? The Ins and Outs of Invoice Reconciliation Invoice reconciliation compares a company’s internal financial records against…
" alt=""> The impact of digitization on business is becoming more and more visible. Companies now not only communicate electronically but also use them to send invoices. This is confirmed by the statistics presented by Online invoices. It states that currently, the share of online accounts in their total number is 20.4%. However, it is expected that…
" alt=""> As a freelancer, I was always stuck in the feast or famine cycle. Most freelancers can relate well to this. You either get plenty of work, much more than you can realistically handle. Or you don’t get any.This meant I often didn’t have a handle on my finances. And that’s the point. Uncertain income doesn’t…
" alt=""> Many experts have stated that 2023 will bring significant economic difficulties. Among them is Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who believes the recession will touch a third of the world. The first months of 2023 showed that these assumptions have become true, and now the world economy faces hard times. However,…
" alt=""> Blockchain is a relatively young technology that has become trendy on the wave of cryptocurrencies popularity. The theoretical basis was created in the 1960s, and the first practical developments appeared in 2007.It is a digital registry containing data that cannot be changed but can only be viewed or added to. It is stored as distributed…
" alt=""> What if your client is late in paying for your service? Or it’s been a few days since they’ve been in arrears. That’s when a late payment email comes in to remind them. But what is a late payment email, and why should you send it?A late payment email is a type of email that…
" alt=""> In this post, we’ll show you why automated invoicing is a hot topic and how auto invoicing software can save your business valuable time and even improve performance and cash flow. Intrigued? Read on… Invoices are an integral part of every business, big or small. There are typically two types of invoices – electronic or…