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Free Invoicing, Finance Tips & Insights for Small Business

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What Is Procurement?

Procurement is the process by which organizations acquire goods, services, or raw materials on a large scale for their operations. Suppliers, external sources, or manufacturers are major sources through which companies purchase goods and services. Following this process, the organization fulfills its operational needs.

Procurement is the fi...

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Why is Accurate Concrete Pricing Necessary?

You must use accurate pricing to keep your business profitable. It is more than just quoting a number. When you calculate estimates in detail, you will have complete control of your budget. Accurate pricing helps you protect your margins in case of unexpected expenses or disputes.

When your pricing standards are not u...

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Why Small Businesses Need Invoicing Software?

Nowadays, every SMB as well as startup needs sophisticated invoicing software to handle the increasing demand for invoices. Because nobody can spend more time just making invoices and receipts, isn’t it?

A modern invoicing software can help t...

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What is Accrued Revenue?

Accrued revenue refers to the earnings or income for which the company has not received payment, even after successfully delivering the product or service. This kind of revenue also refers to unrealized payments under which the company has not received any cash.

Such revenues are recorded as an asset or accounts receivable on the balanc...

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Why Clients Delay Payments?

When you see late payments, you can’t immediately say this is a sign of a bad client. There are cases in which delays may stem from internal limitations or financial constraints.

Some clients take invoices for granted, especially when the busine...

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