Have you ever made miscalculations on your expected ROI? Or perhaps you have exceeded your budget on your business expansion costs? As an entrepreneur, you have to be wary of these as it could harm your business financially.

Cloud accounting software has sped up most of process that small business perform. These modern tools enable business owners and accounting professionals alike to perform necessary tasks in real-time using the internet. The real challenge that small business owners face is choosing the best software to address their needs.

Finding the right enterprise resource planning (ERP) system that’s a perfect fit for your organization can be daunting and time-consuming. However, the long-term impact of choosing the right ERP for your business can be significant, as it will help you in making smarter, better business decisions.

Having a sound accounting system is the best pillar any business can be founded on. Practicing good financial housekeeping and utilizing the best tools can help your company grow towards stability. 

The smartphone is the most used device to connect to the rest of the world.  Google reports that more than 50% of search queries in 2018 came from mobile devices. With leaps in mobile security, more people are inclined to use their devices to carry tasks that involve banking, finance, and accounting. As the demand grows, developers are creating new functions that can be done through mobile devices. In this feature, we look into the latest mobile accounting software and how they can help small businesses manage their finances better.

Xero is a cloud-based accounting software providing a real-time view of business activities with just one look at the dashboard. Over the years, it has developed robust features to better serve the accounting needs of SMEs, and the Xero product updates for 2021 prove a more promising experience for its users.