" alt="">
Are you prepared for the financial challenges 2023 may bring to your small business? According to Forbes, The US alone has over 33 million small businesses. Out of these, more than 80% have a single employee. Individually, small businesses only impact the economy a little. However, when you consider them collectively, it entirely changes the…
" alt="">
No one likes fine print – not even those who have to write it. Invoice Payment Terms and Conditions are particularly problematic, especially for small businesses trying to set them up for the first time. Unfortunately, they’re vital in ensuring that your clients understand your payment terms and schedule and that you get paid on…
" alt="">
We are living in a digital age so there’s no surprise why companies are choosing to use online receipts for their customers. But not all organizations have chosen to go digital with their proof of payments so how does this impact their business? Opting to go digital can have profound implications for any company. If…
" alt="">
Imagine the situation – an invoice arrives demanding immediate payment, but you don’t recall ordering anything from the company in question; this is just a taste of the shady world of fake invoice scams, and it’s costing businesses millions of dollars yearly. This comprehensive guide will uncover the secrets behind these scams, help you spot…
" alt="">
Managing invoices is vital for business credibility. If you’re a freelancer, run a SME, or handle finances, you’ll face outstanding invoices. This term can be unsettling, especially if awaiting payment. So, what is an outstanding invoice, and why does it arise? How can we tackle it? Outstanding invoices, while prevalent, aren’t unbeatable. Let’s dive-in to…
" alt="">
You can’t operate a business without sending invoices to your clients. Creating and sending invoices is vital to get paid. The importance of invoicing is very well known, yet it is common for businesses to make invoicing or billing errors that result in billing issues. In this article, we’ll talk about some of the most…
" alt="">
Is your business safe from invoice fraud? Despite technological advancements in security, invoice fraud continues to be a pervasive issue that costs businesses millions each year. This form of financial deception involves the manipulation or fabrication of billing documents to divert payments or illegitimately extract funds. Not only does it pose a significant financial risk,…
" alt="">
Picture this: it’s your end of year. You’re poring over your spreadsheets, and things just aren’t adding up. You’re pulling your hair out, wondering where you went wrong in your small business’ accounting this year.Finally, you realize: it’s not your accounting that’s off, it’s your payments. Specifically, you still have a handful of active invoices.64% of…