A software house rarely sells one thing. There is project work billed against milestones, a handful of monthly retainers, hosting and licences resold at a margin, and often a marketing service attached to the builds. Each of those earns money differently. That is the point where invoicing software s...

Marketing is usually one of the three largest controllable costs in a business, and it is almost always the worst recorded. Open most ledgers and you will find a single account called Marketing with everything inside it: ad account top ups, a designer’s invoice, banner printing, an agency retainer...

A customer who makes money could seem important, but the number of dollars does not tell you what a company makes from a customer. A big order might require the buyer to have frequent deliveries, discounts, returns, technical support or a longer payment period, all of which take resources away from ...

If the payment is duplicated, an unusual journal entry, or if the expense is misclassified, nothing will be noticed until month-end review. That becomes increasingly important as businesses make more and more transactions. Financial data is continuously analysed using AI to identify patterns that re...

In Pakistan, for retailers, restaurants and sales businesses, software is not just a record book of transactions anymore. The way of compliance with taxes is being integrated into the process of transaction itself. The rules for POS, ERP or invoicing integration through integrators approved by FBR h...

It’s possible for retail stores to deplete themselves of significant working capital without even knowing it. A product can be on a shelf for months, be reported as “in stock” and still have little impact on cash. These slow moving products are not just a storage problem, they can ...