Author: Mun Foong

What to look out for in an accounting software for F&B

The F&B industry faces many challenges in its operations, including high staff turnover rate, thin margins and inventory management. As a result, many restaurants are not able to last. It is extremely important for business owners in the F&B industry to manage cashflow wisely. Luckily, this can be done with an accounting software that caters to the needs of restaurants. […]

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Why is Payroll software necessary for your business?

Times have changed and many companies have started digitalizing business processes to keep up. While some are still reluctant to switch over, here are some reasons why having a Payroll software will bring more good than bad. Saving time is saving money Even the smallest of companies spend hours every month just to calculate salary and generate pay slips. To […]

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Why you should get onboard with owning an accounting software.

With the announcement of the SME Digitalisation Initiative during Budget 2020, the idea of digitalizing your accounting processes is more prevalent in Malaysia than ever. With up to RM5000 of matching grant, cost is no longer an issue. Here’s why you should get onboard with owning an accounting software. Cut the paper work Digitalization are not only environmentally friendlier than […]

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Cloud VS On-premise accounting software

With the increasing popularity of cloud technology, businesses are starting to explore the idea of getting cloud accounting software. Here are some things to consider when deciding between cloud and on-premise accounting software. Data security One of the biggest issues with hosting data in cloud is its vulnerability to data mining and ransomware. Even IT giants like Apple faces hacks […]

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Accounting software features that can help to optimize your business

Multi-currency An accounting system that supports different currencies can help save time and cost when transacting across borders. Currency conversions are automated and ensure that all exchange rates are updated in real time. It also allows you to filter transactions and generate useful reports according to currencies. By having this feature in your accounting software, it eliminates the uncertainties that […]

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What are the most popular accounting software features among Malaysian companies?

Although all companies differ from one another, one thing they have in common is the need for a good accounting system that is able to support the business’s growth. Here are some of the most sought-after accounting software features among businesses in Malaysia. Multiple Company Directory Business owners in Malaysia tends to own several businesses therefore they would require an […]

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