How to manage accounts payable and receivable in your company?

Anyone who has a company is well aware of the importance that good financial management brings to its business. For this reason, it becomes essential to introduce some routines to handle it appropriately, such as managing accounts payable and receivable. This provides a deep knowledge of the cash flow , fixed and variable costs, and revenues generated by … Read more

Tips on how to reduce costs in companies

Cost reduction is a practice that each employer should recollect to optimize its sources and increase profitability . However, now not all marketers know in which to begin enforcing effective techniques to cut prices with out compromising first-class and productiveness. Below, see some actions and points of attention that companies should observe in the cost reduction process. … Read more

Default rate: what is it, how does it work and how to avoid it?

The default rate is an indicator that can help with financial organization and business management strategies. Find out how it works! Default represents a delay in fulfilling the consumer’s financial obligations, and can occur in installment or post-paid sales, for example. Since late payment tends to affect the business’s financial management, it is important to monitor these … Read more

Billing: what is it, what are the types and how to calculate it?

Understanding what revenue is and how to track it is essential for the success of your business. Learn how to calculate this amount and understand what it means! Good financial management of your business involves controlling several important data that directly affect the achievement of your financial goals. In this sense, you need to have … Read more

What are liabilities and assets in accounting and why should you know this concept?

In this article, you will understand what liabilities and assets are in accounting and learn about the importance of these concepts. Let’s go! What is asset and liability in accounting? You see, accounting deals with several terms that must be known by the person responsible for the company’s finances. Assets and liabilities, for instance, should … Read more