Search Results for: tools

4 Most Important Productivity Tools for Small Business

Does your business encounter difficulty in keeping track of all the processes needed for business growth such as employees’ performances, project details, project management, better communication, web analytics, inventories, files and documents sharing, and so on? In this technological age, these problems have simple solutions as there are abundant business productivity tools every SME should have which are available online. These productivity tools for small business are helpful in managing different processes and aspects of SMEs especially those whose operations involve online presence and with clients that are mostly processed through the internet.Top 4 Productivity Tools for Small BusinessDropbox for BusinessDropbox is one of the most important productivity tools especially if SMEs have file sharing processes. This tool enables to save files on a computer and access them from different devices…
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Experts Reveal How To Increase Profitability In the Modern World

You only need 3 things. Let’s face it.   In today’s ever-changing environment, the ever-growing consumer demands and expectations and technological advances, competition in business is fierce. Which means to be profitable, your business has to come up with a long list of strategies. But who has time for all these lists? Smart business people know that being profitable need to start from just one thing: productivity. The thing is… What productivity workshops have been telling us does not apply any longer. The modern business setting calls for modern productivity techniques. Relying on time management alone no longer works. What should be done instead? We gathered different sources, and here are the top tips from experts. How to be productive in the modern world Have time to think.  In a time…
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Is Knowledge Really Power?

If you had a television in the 1990s until the early 2000s, you might have heard Mr. Ernie Baron say, “Knowledge is power” right before ending his segment on TV. And if you believe in this statement, we feel you. We've upheld this declaration from the moment we heard it until we came across another statement that’s taking quite a different route: Knowledge is not (enough) power. Before you raise your eyebrows up so high your hairline has to take a step back, let us define what knowledge and power are first. According to the dictionary, “knowledge” is a noun that means “facts, information, and skills acquired by a person through experience or education; [it is] the theoretical or practical understanding [emphasis added] of a subject.” “Power,” on the other…
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Fast Food Won’t Make You Fat (Not Even A Bit)

You read that right. Despite seeing studies linking obesity with fast food, we believe that it won’t make you fat. Do you know what makes you fat? Y-O-U. You make yourself fat. Blaming fast food when you start gaining weight is a victim mentality--that you have been wronged by others. In this case, the fast food makers and advertisers. But look at this: How many people saw the newest burger commercial? How many drove to the fast-food restaurant to buy it? How many ate it? How many gained weight? Did everybody who did get plumper? Maybe. Did everybody stay plump for the rest of their lives? We didn’t think so. Then why blame fast food? Whose idea is it to drive all the way to the big M? Whose idea…
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Is Technology a Threat to Accounting?

You’ve probably heard that the recent development in technology, particularly the artificial intelligence (AI) in accounting software, is a threat to your job as an accountant. Questions such as “Should I hire an accountant or is accounting software enough?” is not uncommon in forums, Q&A sites, and the like. A simple Google search of the keyword “automation and accounting” would even yield links to articles and videos saying that technology is slowly killing the number crunchers in the industry. We beg to disagree. Technology in accounting--that is the accounting software--is by no means created to eradicate accountants in the field. Instead, we regard it as a tool to take off the menial, repetitive tasks off of your shoulders. (We talked about this before too.) What does that mean? To illustrate,…
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How to be a freelance accountant

Freelancing has been a buzzword for quite some time now thanks to all the perks that come with it. Hence, it’s undeniable that more and more people, including you, are looking into the possibility of scoring some freelance jobs. But “Where do I start?” seems to be the most common question. So here we’re listing down some of the steps to set the ball rolling. Be certified and competent Whether we like it or not, clients would choose certified public accountants over those who haven’t taken the licensure exam yet--even if you have bookkeeping certification. So before getting all excited about this new venture, make sure you have already passed the CPALE. You also have to create a name in the field. One way to do that is to join…
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How to Attract and Retain the Next Generation of Accountants

The latest board exam result for accountants has just been released and many of you are probably eyeing for the crème de la crème you can hire for your firm while making sure the current pool you have stays. But do you know how to attract more so retain them? In a previous article we published, we discussed some of the traits of this new generation AKA the millennials, and how employers can manage them. Here we are sharing tips specific to accounting firms. Adapt to new technologies and trends We all agree that technology is unstoppable. We’re left with no choice but to embrace it. That doesn’t mean, though, that we have to replace our human resource with robots. Instead, what we can do is automate the simple repetitive…
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3 Reasons Why Oojeema is the Best Small Business Accounting Software

Accounting and technology are, without a doubt, inseparable these days. Hence, it’s no longer a question of whether to get accounting software; rather, it’s about which accounting software to get.With the plethora of options in the market today, how do you know what will work best?Business News Daily identifies the following considerations, especially for small businesses:CostUsabilityFeaturesNow let’s see how Oojeema is a perfect fit for each of the items above.CostCompared to the most popular accounting software out there or even to the small business accounting software everyone’s talking about on social media, Oojeema is the most affordable.For only PhP800 a month, excluding VAT, it’s almost 50% less than its competitors. Even if you include VAT to its price, it is still way more affordable than others with the same features.UsabilityBeing…
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Will technology replace accountants?

With all the advancements in technology burgeoning these days, particularly the accounting software for the accounting industry, we can’t help but ask, “Will technology replace accountants?” Will there ever come a time when businesses would no longer need a bookkeeper or an accountant’s help and rely solely on technology? We’d like to believe that’s never going to happen. At least not anytime soon. Bernard Marr of Forbes agrees. He says, “Robots are NOT going to replace all human accountants or bookkeepers.” Instead, he encourages bookkeepers and accountants to work with the machines so they can do more in less time. How then can we make technology work for us? Hubdoc suggests managing and evaluating your accounting workflow. For sure, there are processes you do every day or on a regular…
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3 Simple Steps that will Get the Right Accounting Services Fees

“So how much do I have to pay for your services?”This is probably one of the most challenging questions we can encounter in our practice. We may have been taught how to keep the books balanced or file taxes on time, but nobody actually taught us how much to charge for our accounting services.Perhaps, some of us were fortunate enough to be mentored by other practitioners, those who have been in the industry for a long time.However…Their pricing scheme may no longer be applicable to our time.So how do you determine how much you should charge for your accounting services fees?Here are three simple steps to follow.Compare pricesProbably one of the first things we do when planning to put up a business is to compare the prices. From this, we…
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