In today’s increasingly global and fast moving economic environment, successful companies recognize that finance and IT departments have grown increasingly complementary.

Taking your accounting online can help you streamline your finances, making for more organized accounting and reliability in other areas of your services offerings.

How do you ensure the efficiency of your company’s operations within the framework of your existing financial department? Here are some suggested metrics you may consider integrating into your financial analyses in order to measure whether your current financial processes are optimized or not.

Optimizing existing resources can help you remain within budget parameters, while ensuring that client deliverables and client expectations are met. Automate these five business functions to deliver better result to client.

An online bookkeeping system can take off a large amount of load from your regular services and operations. Because bookkeeping is a largely numbers-based function and because it depends heavily on details and accurate report-making.

Current economic times demand that organizations and small businesses achieve more with less. The concept of business process improvement (BPI) has evolved into an operational strategy that can no longer afford to be overlooked as optional. In order to remain competitive, a companys internal functions must be reengineered and reassessed to become more efficient.

After months or years of deliberating an idea, you have determined that it is worth pursuing. You are resolved to launch your own business and bring that idea to life. Before taking the plunge, review this short checklist below to ensure sure you have evaluated some key areas.

Many small business owners are driven by entrepreneurial inspiration to start their own companies. Small businesses drive new jobs and innovative ideas. However, for all the “pros” which accompany running your own business – the thrill of bringing a new idea to market, fulfilling a goal, flexible schedules – there are also challenges.

The cash accounting method is a type of accounting that takes into consideration both income and expenses, when payments are made in cash. This payment could consist of either cash received or cash given/paid.

The health of any company depends on several factors. However, a single glance at earnings figures or expenses does not provide enough information to make a firm determination about that company’s viability. For example, Company A shows $1 million in sales of computers during Year 1 of operation.