Recent Posts
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Guides Inventory ManagementRunning an Ecommerce Business During Brexit
Since the idea of Brexit was first mentioned, it has now become a commonly used term all over the world. While the UK officially left the EU on the 31st of Jan 2020, there is presently a transition period that ends on the 31st of Dec, 2020, for both the…
5 mins read
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Billing GuidesWhat is Recurring Revenue Business Model? Types, Benefits & Challenges
The business ecosystem is in the midst of a paradigm shift, as customers are increasingly preferring to pay for access rather than ownership. Many industries have shifted from the one-time sales model to the recurring revenue model, which allows businesses to generate consistent revenue by providing ongoing access to their…
8 mins read
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Billing GuidesWhat is Consolidated Billing? | Benefits & Best Practices – Zoho Subscriptions
Let's say you own a SaaS business. You offer a wide range of services like networking, cloud storage, data analytics, etc and one of your customers has subscribed to five different services. To collect payments, your finance team would have to spend time and effort in creating an invoice for…
5 mins read
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Articles Expense ManagementThe new normal: a glimpse into the future of business travel after COVID-19
A minute pathogen has turned the world topsy-turvy, especially the global business travel market. From an earlier prediction that business travel spend would top $1.7 trillion by 2022, GBTA is now predicting that the business travel industry will suffer a revenue loss of $820.7 billion. Since companies have been directing…
3 mins read
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Articles Expense Management7 reasons to switch from spreadsheets to expense management software
Businesses often use spreadsheets as their go-to tool for expense management. This seems reasonable, considering that spreadsheets are a convenient and familiar way to organise information. However, this arrangement only works when you have just a handful of employees submitting expense reports. When you get a surge in the inflow of expense…
6 mins read
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Billing GuidesWhat is Metered Billing? | Benefits & Factors to Consider – Zoho Subscriptions
Metered billing is a pricing model where the customer is charged based on their consumption level of the product or service. Typically, under metered billing, the customers subscribe to the product plan that will include a base price for a specific usage limit. Once the customers cross this limit, they…
5 mins read
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Guides Inventory Management
What is Ecommerce Warehousing?
E-commerce has become extremely popular in recent years, and the market is only expected to grow. According to Research and Markets, global ecommerce sales are expected to reach $6.07 trillion by 2024. With so many businesses either switching to ecommerce, or starting their business ventures with ecommerce, it’s a good…
6 mins read
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Billing GuidesWhat is Calendar Billing – Definition, Benefits & Implementation
The billing process is an essential part of every business. A one-size-fits-all billing approach may not be feasible in the long run, because each business has different requirements that demand different billing approaches.Subscription businesses typically bill their customers based on the date on which they sign up or the date…
8 mins read