Efficient payroll management helps businesses optimize cash flow and performance.Payroll is one of a business’s largest recurring expenses. You need enough working capital, or money on hand, each pay period to meet your obligations. Understanding your payroll costs also helps you manage your workfo...
with labels like “current” and “past due 1-30 days” to organize and stay on top of bills. By standardizing how invoices are received and approved, you can speed up theprocure-to-paycycle and maintain good relationships with
QuickBooks is the category leader, yet similar apps, such as NetSuite, FreshBooks and Sage are just as powerful, useful and intuitive. If you are specifically interested in cash flow management, Bank of America’s Cash Flow Monitor and Connected Apps are great tools to check...
NetSuite has developed the Workflow Manager that enables you to build workflows for a variety of business processes, including invoice approval. Custom workflows can include unique items like steps for approval and purchase order management. ANetSuiteinvoice approval flow allows a business to quickly ...
How can Airwallex help businesses pay bills? Every savvy business owner knows that it’s not just important to honour your customers, it’s critical to keep your suppliers and vendors happy. That can be challenging when you have bills and invoices flowing in from different entities, often in ...
I have a custom line field where we can indicate what sales order a bill relates. That custom field is available on the Items tab sublist of our bills but not on the Expense tab sublist. Does anyone know how I can get that to show in both? Sometimes we have expenses along with items...
when it becomes tedious and slow to accurately account for revenue and prorate bills as customers pause, upgrade, downgrade, or cancel their subscriptions. Your recurring data model should also play an integral role in provisioning, ensuring your customers are granted access to the features and capa...
I can put my bills with my PDF into NetSuite, and all of it goes over to BILL. I don't have to worry about re-uploading a PDF." Easier international vendor management BILL helps Teguar manage its myriad of vendors, many of which are international. In Skalla’s words, "If a ...
One way to encourage your customers to pay their bills early is by offering an incentive. For example, you could offer a discount for those who pay within a specific timeframe or give them credit for settling the balance in full. One common discount example is 2/10 net 30, meaning a di...
you can connect to Xero or NetSuite via "Connections" on the Airwallex dashboard. This lets Airwallex automatically send your transaction records straight to your accounting software, and automatically reconcile transactions every hour. So, every time you use Airwallex to pay your suppliers, it'll...