by | Jun 8, 2023 | Bookkeeping
It provides clarity on revenue streams, expenses, and capital allocation, giving you the data you need to make informed decisions. Ensuring a steady income to cover expenses is crucial for startups. Given their unpredictable cash flow, companies often face challenges...
by | Jun 24, 2022 | Bookkeeping
As it is significantly lower than the desirable level of 1.0 (see the paragraph What is a good current ratio?), it is unlikely that Mama’s Burger will get the loan. Be sure also to visit the Sortino ratio calculator that indicates the return of an investment...
by | Apr 16, 2021 | Bookkeeping
Business process automation (BPA) is when redundant and manual processes, like data entry or document routing, are handled by software bots instead of humans. Learn more here about how it frees your staff to focus on more strategic or creative tasks. Leveraging...