Does Your Business Really Need Cloud Based Accounting Systems?
- October 16, 2016
- Posted by: SosAdmin)
- Category: Finance & accounting
No CommentsThe word cloud is in real demand. Everybody is talking about it and infact; you are using cloud based technologies in most parts of your business. As I am writing this, billions of dollars are being spent on adoption of cloud based technology in areas of Information Security, Business processes, HR and many more. But
How to Choose a Accounting Outsourcing Service Provider?
- October 15, 2016
- Posted by: SosAdmin)
- Category: Finance & accounting
Consider this: A CEO of a multinational company after reviewing his quarterly results, comes to following conclusion: Growth is stagnant Fixed cost is on the rise, contributed by rising expenses on Finance and Accounting Department. He mulls over this, and decide to outsource his accounts to third-party on the grounds that he will be saving
Ideas to Plug your Business Revenue Leakage
- January 26, 2016
- Posted by: SosAdmin)
- Category: Business plans
Do you know on an average a company loses 1% to 2% of its revenue on account of revenue leakage? Some of the reasons are below: No billing for the job done Billing less than the job done Outside warranty job not billed More discounts than authorized Bills not accounted Unauthorized Credit/Debit Note Some of
Is Your Business Facing Ups And Downs?
- January 14, 2016
- Posted by: SosAdmin)
- Category: Business plans
It’s very common for a business to undergo ups and downs. There are phases when business makes lots of money and times no money at all. The reason for it is pretty obvious, there is no predictable revenue system built in the business. Most of the business owners believe that customers will keep coming as
Why? When? & Whom? should be hired as CFO?
- December 18, 2015
- Posted by: SosAdmin)
- Category: Business plans
In any business Cash acts as Oxygen and it is ultimate necessity for life. For survival Oxygen has to be inhaled and has to be exhaled in form of carbon dioxide, just like in any business cash has to be inhaled (Inflow) and exhaled (Outflow). CFO is the person who manages Inflow & Outflow of