Recent Posts
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Research AccountingZoho Books Research: Benefits of Cloud Accounting Software Report 2022
Over the last few years, the accounting domain has witnessed a lot of changes—from using the traditional methods like legacy based accounting systems to using cloud accounting applications. In today's digital era, it is imperative for businesses to adapt to technological advancements and, in turn, be agile in their operations.…
3 mins read
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General-FAQ Inventory ManagementMastering Warehouse Management: Your Complete WMS FAQ Guide
1. What is warehouse management? Warehouse management refers to the process of streamlining and controlling the operations and storage of goods within a warehouse facility. This process starts when inventory arrives at the warehouse and continues until the products are sold, consumed, or relocated. Warehouse management aims to effectively and…
4 mins read
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Guides Inventory Management
What is a Warehouse Management System (WMS)?
Any large, sophisticated logistics or supply chain business must optimize, monitor, and manage warehousing and distribution tasks. These tasks include yard management, dock scheduling, order management, inventory management, and much more. Manual techniques like stock counts and spreadsheets complicate these tasks. For example, as a business owner, manual inventory counts…
6 mins read
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Articles Inventory ManagementNational Logistics Policy – A game changer to reform India’s logistics sector?
A $160 billion logistics industry in India encompasses 20 government agencies, 40 partner government agencies, 37 export promotional councils, and 10,000 commodities. Add numerous shipping agencies, inland container depots (ICDs), container freight stations (CFSs), IT ecosystems, banks, etc. to this and it makes the entire sector highly decentralized, complicated, and…
3 mins read
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Guides InvoicingInvoice vs. Bill vs. Receipt: A detailed comparison
"I will pay the hotel bill when we check out." "You can pay the invoice using either your credit card or cash." "Thank you for purchasing! Please collect your receipt." You might have come across the terms invoice, bill, and receipt in your daily life. Although these terms are often…
3 mins read
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Articles AccountingChoosing the right financial metrics for your business
Diving into your business's core financial data may seem like a tedious activity that can often be confusing and time-consuming. But understanding where your business stands needn't be too difficult if you're looking at the right numbers to get the right results. Here's where reports with the right metrics come…
7 mins read
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Articles AccountingSimple solutions for bank reconciliation challenges
Bank reconciliation is quite similar to a game. It may be complex; there are rules you need to know, things you need to look out for while starting, and challenges you need to prepare for midway. But once you've waded through it all, it's safe to say that you'll feel…
6 mins read
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Articles Accounting8 ways to save money through bank reconciliation
The final step of any task is as crucial as the first. Reconciling your bank accounts can seem like a process you may want to put off for later, but the more often you do it, the more beneficial it is for your business. A bank reconciliation is when you…
6 mins read