Recent Posts
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Billing General-FAQFAQs: RBI’s new auto-debit rules
Q. What are the new RBI auto-debit guidelines? The Reserve Bank of India (RBI) has issued new auto-debit guidelines that card-issuing banks should adhere to from October 1, 2021. These new rules are introduced to regulate recurring payment transactions using credit cards, debit cards, and prepaid instruments. - As per…
4 mins read
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Guides InvoicingThe 15 types of invoices your business needs
While your teams are busy with everyday tasks and handling clients, it's easy to get overwhelmed by another important facet of business operations—invoices. Businesses need to be on top of their game to ensure they send invoices and get paid properly so that their cash flow remains consistent. But through…
7 mins read
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Articles Expense ManagementGo paperless with receipt management software
Companies that heavily invest in business travel will tell you that their biggest challenge is not winning deals or attracting sales but managing T&E spend effectively. This difficulty in managing business expenses when you regularly have employees on the road can be attributed to traditional expense management methods, namely the…
5 mins read
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Articles Expense ManagementWhat is Continuing medical education (CME)?
“Study to save lives” is a quote that healthcare practitioners live by. Continuing medical education (CME) is instrumental for staying updated on the latest advancements in the medical field and providing the highest standards of care. However, while healthcare providers are getting trained to save lives, quite a lot happens in…
5 mins read
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Articles Expense ManagementHow to simplify your expense reimbursement process
Perhaps because of how crucial it is to get right, expense reimbursement can be perceived as daunting by administrators. Before they can process payments, finance teams have to sift through piles of receipts, validate claims, and approve expense reports. What should be a simple series of steps becomes tedious and…
5 mins read
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Guides Invoicing
What is a proforma invoice? Meaning, uses, format, example
Before shaking hands on a deal, businesses often negotiate about the terms of the deal such as the selling price, discounts, and delivery dates. Once this negotiation is over, it is good practice for the business to send a preliminary draft of the invoice to the buyer showing the agreed-upon…
4 mins read
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Infographics Inventory ManagementThe Differences Between B2B and B2C in Warehousing
Traditionally, B2B (business-to-business) businesses used warehouses more than any other business model. But with new B2C (business-to-consumer) ecommerce websites popping up on the internet every day, warehousing has spread beyond B2B. When discussing B2B and B2C, the most obvious difference is the fact that the former model sells to other…
1 mins read
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Guides AccountingPayment recovery 101: Tips to recover your overdue receivables
Having a good relationship with your customer is crucial. When it's time to collect payments, though, things may get challenging, especially if there's a delay on their side. There are many ways to avoid late payments, but what if you've done your part of the work and the payment still…
4 mins read