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Cash flow management tips for businesses impacted by COVID-19

Cash flow management tips for businesses impacted by COVID-19

With limited budgets, cash flow issues are usually one of the more pressing challenges small and medium-sized businesses (SMBs) face. A healthy cash flow means that businesses can pay their employees and suppliers on time, while meeting overhead costs. For many businesses, ensuring that there’s more money coming in (accounts receivable) versus money going out […]

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A peek into the daily life of an accountant

A peek into the daily life of an accountant

Many of us have a rough idea of what being an accountant entails – bookkeeping, data crunching and perhaps constantly balancing income and expenditure sheets. However, sometimes we fail to realise the important role an accountant plays in a business. Accountants must use a myriad skills to analyse, collect, compile and evaluate financial data. They […]

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3 ways HR personnel can make payroll more accurate and efficient

3 ways HR personnel can make payroll more accurate and efficient

Payroll processing is an important aspect of business management. Processes which are too arduous, complex and prone to error place unnecessary burden on HR personnel. It means they run the risk of failing compliance checks and harming the relationship between employer and employee. An in-house payroll system which is carried out manually is not only […]

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10 tips to stay on top of your cash flow

10 tips to stay on top of your cash flow

Cash flow is one of the biggest challenges facing small businesses. According to a 2020 article by AsiaOne, cash flow problems is one of the top five reasons why some businesses fail. So how can your business help improve its cash flow? Here are ten highly effective, practical tips. 1. Set up a credit control […]

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The benefits and savings of moving to cloud-hosted payroll software

The benefits and savings of moving to cloud-hosted payroll software

Discover the challenges businesses face when using on-premise payroll software and the benefits that cloud-hosted payroll software provides.

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How complex businesses like Cairnhill Metrology keep things simple

How complex businesses like Cairnhill Metrology keep things simple

When it comes to the production of commodities in the medical, pharmaceutical, manufacturing, automotive and aerospace industries, accuracy and attention to detail are essential. Just ask Cairnhill Metrology. Established in 1983, Cairnhill Metrology Pte Ltd boasts solutions that can measure weights and dimensions down to the microns and sub-microns, assisting with the quality assurance and […]

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From Malaysia to the world. How BOH tea is now the world’s cup of tea.

From Malaysia to the world. How BOH tea is now the world’s cup of tea.

The world cannot stop drinking tea. The most popular beverage in the world after water, the consumption of tea has only continued to rise. In fact, global annual tea consumption is expected to hit almost 300 billion litres by 2021. From the simple joy of a great taste, providing a nice break and several health […]

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How to get your business ready for year end

How to get your business ready for year end

Year end can be one of the busiest times for a small business as they work to get their accounting affairs in order. Read below to learn how to help relieve bottlenecks in your accounting reporting by driving an efficient workflow in your business year-round. It starts at the beginning of the year It almost […]

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