When managing accounts receivable, knowing who owes you, how much, and for how long is key. That’s where the aged trial balance comes in — a snapshot that helps finance teams keep customer payments on track and cash flowing. What Is An Aged Trial Balance For Accounts Receivable? An aged trial balance for accounts receivable […]
Overdue or On Time? How an Aged Trial Balance Helps You Track Payments Read More »
Healthy working capital is a good sign—until it isn’t. While many assume “the more, the better,” high working capital can actually hint at inefficiencies within a business. What Is Working Capital? Working capital is the difference between current assets (like cash, inventory, and receivables) and current liabilities (such as short-term debts and payables). It’s a
When you’re just starting out, using automated billing might not seem necessary, and manually creating and sending invoices can feel manageable. But as your business scales, so does your billing complexity—and that’s where manual processes start to break. Whether you’re handling hundreds of monthly invoices, juggling subscription plans, or managing diverse customer payment terms, automated
Why Automated Billing Is a Must-Have for Growing Businesses Read More »
Duplicate invoices. Mis-keyed data. Wrong totals. It’s all too common in accounts payable—especially when relying on manual invoice entry or basic scanning. Enter text recognition software (OCR). But not just any OCR. When combined with validation workflows and business rules, OCR becomes a powerful gatekeeper that ensures only correct, legitimate invoices reach your ERP. The
Sales management today isn’t just about hitting targets—it’s also about streamlining processes, gaining visibility, and making decisions fast. That’s where ERP (Enterprise Resource Planning) software comes in. How can sales management work effectively by using ERP? One Source of Truth In many organisations, sales teams work across disconnected spreadsheets, emails, and CRMs. An ERP centralises
How ERP Enhances Sales Management: Helping Teams Work Smarter, Not Harder Read More »
Invoice challenges are more common than you might think. Invoicing seems like a straightforward task—send the bill, get paid. But in practice, it’s rarely that simple. For many businesses, invoicing can be one of the most manual, error-prone, and delayed steps in the order-to-cash cycle. So, what exactly makes invoicing so difficult or time-consuming? What
Invoice Challenges: Why A Simple Task Becomes A Major Bottleneck Read More »
