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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,…
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Looking for ways to optimize your small business operations in 2023? The software landscape has never been more favorable for small business. With solutions that offer everything from robust Customer Relationship Management (CRM) and precise accounting tools to efficient project management and e-commerce platforms, the best software packages now blend cutting-edge technology with intuitive, user-friendly…
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None of us are perfect. We forget things. Birthdays, anniversaries, putting out the garbage when you promised only that afternoon that you would do it but you went and forgot and life has been made hell ever since – we’re capable of forgetting just about anything. So, when a payment date is overlooked because, well, something…
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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…
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Do you feel like the budgets you’ve been creating for your small business aren’t helping you make strategic business decisions that drive growth or stay on track with your finances? Before you postpone creating another budget (or give up on creating one altogether), consider using SMART goals for budgeting. Work smarter, not harder. It’s a cliche, I…
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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…
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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…
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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…
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Why consider an invoice management system and how to choose the best one for your business? Read on to find out.As a small business owner, you will have to deal with dozens of invoices on a daily basis. Things might get even more complicated as your business grows and you start to have working relationships…
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Invoicing is one of the major parts of running any business, whether you offer freelance services, have an e-commerce store, or run a small contracting business in Australia. Without invoices you won’t get paid – they are pretty important! Why should your business use invoicing software? Let’s face it creating invoices, sending them to clients,…
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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…
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Are you looking for invoice software for Australian small businesses? These software programs take into account all your invoice capturing requirements and enable you to keep your records in order. This is essential when preparing for your tax submissions and good financial reporting. Invoice software simplifies the process of issuing invoices to your customer ensuring…