Just as once it was about getting the right printers and filing cabinets for your office, now it’s about getting the right software. Small businesses depend on being efficient and accurate in what they do, yet many of the ‘solutions’ out there are geared for big fish who are already…Read more »
reduce business expenses
Travel: Small Business? High Price
Because they don’t bring in the volume that large businesses do, SMEs are unfairly penalised in their business travel with higher costs for almost everything, from airfare to hotel rooms. Ironically, small companies with travel needs actually send their employees on trips more frequently. One estimate from SAP put SME…Read more »
When Should You Invest in Better IT Infrastructure?
As cloud solutions like ExpenseIn’s expense management software become increasingly common features of our work setups, the speed at which we access data has an increasingly significant bearing on efficiency. But how do you determine when to invest back into better equipment and infrastructure? Hardware The normal lifespan for a…Read more »
Expense Management Software Crucial for Digital Tax Filing
It sounds great in theory, HMRC’s Making Tax Digital initiative (MTD). All your information in one place, easier filing, no tax surprises…. well, hope springs eternal that at least filing could be made easier, but the department’s timeline seems rather aggressive, its ambitions pie-in-the-sky, and the coming reality problematic for…Read more »
How Can Cloud Computing Save My Business Money?
Cloud computing is a vast area that includes email communication and social media, home entertainment and personal files storage, public services and private business – and, indeed, anything else that allows for storage and access of data online rather than on your hard drive. As businesses increasingly look to cloud…Read more »
5 Tips for Business Money Management
Crucial to any business is its money strategy – budgeting, day-to-day expense management, loans and investment – but this is even truer with new businesses as they seek to establish themselves. Know your minimum expenses. How much money do you need to stay in business? What are the reoccurring expenses…Read more »
10 Basic Accounting Terms Everyone Should Know
One great way is to improve your expense management is to use technology, for example by using expense management software to track and regulate business costs. But to get started in this field there are many terms that are easily confused, so here we explore some of them: Balance sheet…Read more »
Apps, Advertising and Funding: 6 Tips for Reducing Expenses
The digital age offers businesses all sorts of ways to avoid the kind of financial risk that was once a given. Here are six tips on how your business can save money. Go Paperless Seeking out ways to reduce a business’s reliance on paper-based methods of documentation is one of…Read more »
