Traditionally, invoices are processed and approved manually which is time-consuming, error-prone and obscure, plus you do not have any visibility of where invoices are in the approval process or what outstanding liabilities are involved. Appropriate automation of your accounts payable workflow will save you time and effort that can be channelled into more important areas of running your business and is also a much more cost-effective approach.
STP reporting started gradually on 1 July 2018 for substantial employers (those with 20 or more employees) and is now extending to include employers with 19 or less employees. Starting from the 1st of July 2019, all businesses will be required to be STP complaint.
In this blog, Jason Brown, our IT business partner from Lakes Networking, spoke to us about a rapidly exploding security threat of 2018 and what are some of the measures that can be taken to secure your website and network against it. So let's get straight into it.
The right tools (management solutions) will help your business run smoothly, give you the competitive edge in the ever-changing market, and allow you to scale in an efficient way. Here are 5 add-on solutions that integrate easily with most accounting software to boost your business performance and help you operate with visibility and control.
Recently, we have noticed that there has been another spate of virus attack (Ransomware) doing the rounds. If you do not have a robust data backup and recovery solution in place, you might end up losing critical company and client data that could lead to huge loss in revenue, high data recovery costs, lost client trust and regulatory violations.
As a smart business owner, one of the investments you made when you first started the business was in an accounting software in order to stay on top of the financial operations of your business. The software did the job and you were happy with it. However, lately, your accounts team has been complaining about how slow and kludgy the software is? And you are thinking to yourself, "What? No, that can't be true. I have been using it for all these years. They must not know how to use it." Well, we have a news for you.................
Most of the big software providers like MYOB & Sybiz, sell their products through an intermediary entity in the distribution channel- the resellers. These resellers act as an extension of the software company who are not just selling and implementing the software but also proving software training, on-going maintenance and technical support to the businesses- the exact reason why they are called 'Business Partners'. Now, choosing and implementing a software system is a complex undertaking, requiring technological leadership and partnering to ensure success. Here are 5 things you need to consider when choosing your business partner.
Electronic Data Interchange or EDI is the virtual exchange of data or business documents in an electronic format with your customers and suppliers. EDI software can be fully integrated with common accounting & ERP software, allowing you to import a Purchase Order from a customer into your system to create a sales order without the need to re-key any data.
Gain a competitive edge with increased productivity, streamlined processing and flexible customisation. Give your business uniquely intuitive user experience, whether in-house or on the cloud- with the powerful Sybiz Vision.NET.
Introducing Two-factor authentication (2FA), a secure sign-in process that combines something you know (your password) with something you have (your mobile phone or email account) to safeguard your critical data.