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 […]
read moreWhy 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 […]
read moreCloud 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 […]
read moreAccounting 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 […]
read moreFollow good accounting practices, here’s why
Running a business is very challenging but with the help of the right business solutions and people, it can be so much easier. With the right accounting software, you will be able to minimize human errors and make doing accounting a breeze. Here are some of the reasons why you should follow good accounting practices and why is investing in […]
read moreWhat 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 […]
read moreWhat makes an accounting software suitable for small businesses?
The right accounting software can help your business take flight. Hence, business owners tend to spend more time looking for the right business solution for their company. Here are 3 things to look out for in your accounting software. Easily accessible With technology advancement, we are no longer bound to our desks and more things can be done on the […]
read moreWhat to look for in a manufacturing accounting software?
The manufacturing industry is complex as it includes delivering products and services to their clients. Therefore, manufacturing companies require an accounting solution that is robust and is able to process from raw materials to the finished products. As such, features for procurement, supply chain management, production management and customer order management are absolutely necessary. The accounting software should also support […]
read moreCommon Accounting Mistakes Your Company Could Be Committing
Both established companies and new startups in Malaysia face business challenges from time to time. Besides business competitions and fluctuating markets, companies also face challenges regarding customers, employees, finances among others. To manage all of this is tough and it is inevitable that some accounting software mistakes are made along the way. However, companies have to keep in mind that […]
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