Wednesday, March 4, 2015

How Can Optimizing Accounts Payable Functions Free Up Cash Flow?

Cash flow is vital to all businesses ranging from small businesses to enterprise organizations, government agencies, and nonprofits. Having cash on — on an ongoing basis — hand brings with it security, stability, more buying power, flexibility, and the ability to grow.

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Monday, March 2, 2015

Electronic Invoicing: Tips for Companies Doing Business in Brazil

As the second largest economy in the Western hemisphere, Brazil is an attractive emerging market with one of the world's fastest-growing economies. However, if your company conducts business in Brazil and uses electronic invoicing, your invoicing system must comply with Brazil's electronic invoicing requirements: SPED.

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Friday, February 27, 2015

How Can Optimizing Accounts Receivable Processes Strengthen Working Capital?

The efficiency of your accounts payable and accounts receivable processes can impact your working capital — for better or for worse. For example, a contractor who has to  pay for building materials immediately but won’t be paid for three to six months is in a weak position from the start. That’s why most contractors have accounts with suppliers and require partial payment upfront from their customers.

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Benefits of Electronic Invoicing for Businesses

Electronic invoicing, or e-invoicing, like the name implies, is the electronic exchange of invoice documents between a supplier and the customer. Electronic invoicing goes beyond merely sending a PDF receipt to a customer via email. A true e-invoicing solution is an integrated solution where an electronic invoice is transmitted and received seamless between the supplier's accounts receivable system and the customer's accounts payable system. E-invoicing documents are typically exchanged in EDI or XML formats.

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Tuesday, February 17, 2015

How to Streamline Cloud Storage Integration

Cloud computing brings numerous benefits, especially in terms of cloud storage. For example, cloud storage is perfectly suited for data archives. It allows businesses to move less frequently used data to a cost-effective, cloud-based archive where it is secured and readily accessible.

Tuesday, February 10, 2015

Data Archiving To Solve Business Users’ Concern With Data Storage

Business management and business users often have conflicting ideas and concerns about data storage. From a business management perspective, moving less frequently used data off of primary storage and into an archive makes financial sense while simultaneously ensuring compliance with data retention policies. From a business user’s perspective, being able to quickly retrieve needed data, whether current or older, is crucial. Is it possible to have both?

Tuesday, February 3, 2015

Cloud Storage: Is it Time to Switch?

While cloud solutions are often touted as a means of reducing costs, many small business owners have found that moving to a cloud-based server is actually more expensive than replacing an outdated server with a new one.