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Guides Accounting5 simple steps to prevent payment delays
Everyone loves receiving timely payments. However, as a business owner dealing with varied clients, you may have to face delayed payments from customers at some point. This can lead to a cash crunch, which would mean that you would have to borrow more money to handle your operating expenses. While…
3 mins read
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Billing GuidesWhat is Customer Acquisition Cost (CAC)?
When you start your business, hitting new customers is the only way you can progress, irrespective of the resources, time, and energy it consumes. However, without a proper plan, there can be a drastic mismatch between your investment and the actual ROI. That's why a profitable and sustainable business requires…
4 mins read
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Articles AccountingBuilding a cash buffer: How you can tackle a cash flow crunch
Uncertainty is possibly one of the most predominant moods running through most businesses today. Between employee turnover and a tumultuous global economy, staying competitive as a small or mid-sized enterprise has become challenging. But there are a few ways to make you can weather any storm that the future holds,…
6 mins read
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Articles Expense ManagementStreamline remote expense management with Zoho Expense
It seems like remote work is here to stay, whether that's through some organizations going fully remote or others embracing a hybrid work environment. A rise in the number of remote workers has ultimately led to an increase in business expenses and reimbursements for many organizations, making digital expense management…
7 mins read
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Articles Expense Management8 Important KPIs for the purchasing department
Traditionally, the scope of a purchasing department was limited to cost savings. Now, however, in an attempt to redefine themselves as sources of value creation and ROI, procurement leads are constantly looking for ways to improve the efficiency of the purchasing process. To achieve their goals, they need clear and complete…
5 mins read
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Articles Expense Management6 essential supplier KPIs every procurement leader should be measuring
Supplier management is one of the greatest challenges in procurement. From identifying the best suppliers to monitoring their performance and ensuring a stable supply of quality products, the entire process can be tricky and complicated. That explains why a considerable number of companies list their top procurement risk factors as dependency…
4 mins read
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General-FAQ Inventory ManagementWhat is Cross-border Ecommerce?
1. What is cross-border ecommerce? As the name suggests, cross-border ecommerce is the process of selling products or services to an international audience, using an online or ecommerce store or platform. While cross-border ecommerce is specific to online sales, there is also another process called cross-border commerce, which refers to…
2 mins read
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Guides Inventory Management
What is 3PL?
In a supply chain, logistics can be described as the links between each stage that help bring together all of the materials, resources, inventory, equipment, and manpower needed to operate your business. In the case of small and even medium-sized businesses, an organization usually chooses to build out their [logistics…
8 mins read