Blog categorized as Business

How to Optimize Your Accounts Receivable Process for Better Cash Flow?

15.07.22 11:19 AM - By Kriyago - Comment(s)
How to Optimize Your Accounts Receivable Process for Better Cash Flow?

The world economy has been grilling under the pressure of the pandemic for the past couple of years. Above that small businesses have struggled even more to survive. But now finally from the last few months business and the economy is getting back in the normal flow of things.  

 

All b...

7 Mistakes You Should Avoid While Automating Your Accounts Payable

13.04.22 10:00 AM - By Kriyago - Comment(s)
7 Mistakes You Should Avoid While Automating Your Accounts Payable

Amidst the pandemic and the sudden growth of tech use in business, companies across the world are automating their back office work. From cutting costs to getting faster results, an automated system can have a lot of advantages. One of the biggest areas of interest is the automation of Accounts Paya...

7 Biggest Account Payables Mistakes Your Business Must Avoid 

06.04.22 12:00 PM - By Kriyago - Comment(s)
7 Biggest Account Payables Mistakes Your Business Must Avoid 

Your business can incur endless problems if your accounts payable is not flawless. Post pandemic all kinds of businesses have suffered from the unpredictable scenarios coming their way. The situation has become extremely volatile and sensitive. When you are working in such unpredictable scenarios no...

The Top CAM Reconciliation Tips You Need to Know in 2022 

18.03.22 09:00 AM - By Kriyago - Comment(s)
The Top CAM Reconciliation Tips You Need to Know in 2022 

Common Area Maintenance (CAM) reconciliation seems pretty simple at the outset. You just add up your costs and pitch them against your budget to close your books. 

However, the reality is far from this ideal picture. Most real estate agencies are left scratching their heads trying to figure out ...

How Remote Work Transformed the Back Office Since the Pandemic 

24.02.22 09:00 AM - By Kriyago - Comment(s)
How Remote Work Transformed the Back Office Since the Pandemic 

COVID-19 disrupted business operations across industries last year. A massive number of people lost their jobs while others had to shift to working from home. 


However, all of us imagined this setup to continue for the short term. Nobody knew we would have to stay out of the office for more than...

The Surprising Truth about Outsourcing Property Management Accounting 

23.02.22 09:00 AM - By Kriyago - Comment(s)
The Surprising Truth about Outsourcing Property Management Accounting 

Managing a property is no easy task. You have to take care of endless responsibilities that include maintenance, coordinating with vendors, paying staff on time, and more. 

Each property you manage brings more tasks to the table and can soon overwhelm your time. The situation is more common than...

Real Estate Back Office Accounting: Top Mistakes to Avoid 

18.02.22 03:00 PM - By Kriyago - Comment(s)
Real Estate Back Office Accounting: Top Mistakes to Avoid 

Most real estate agencies rely on their back offices for day-to-day accounting. The list of tasks covers a wide range of verticals, from vendor payments to employee reimbursements. 


As a result, the back office requires considerable resources and hours to do its job efficiently. 


However, mo...

Back Office Accounting and Common Misconceptions 

04.02.22 12:34 PM - By Kriyago - Comment(s)
Back Office Accounting and Common Misconceptions 

An efficient back office is behind every successful company. It has a big impact on your business operations and how well you can achieve your objectives. 


As a result, it is necessary to give a hard look at your back office operations. It is more important than you think and decides your perfor...

Top Property Accounting Challenges And How To Solve Them

03.02.22 01:00 PM - By Kriyago - Comment(s)
Top Property Accounting Challenges And How To Solve Them

While marketing is essential to run a real estate business, accounting is another vital area that cannot be neglected. Accounting in real estate is not like other sectors; it's a complex and tedious process that can be easy with the right software, but not all businesses invest in having a functiona...

Why You Should Use VoIP For Your Business Calls 

10.11.21 03:26 PM - By Kriyago - Comment(s)
Why You Should Use VoIP For Your Business Calls 

If you are looking for a reliable communication system for your business, you have probably heard about VoIP systems. As the name suggests, VoIP or Voice Over Internet Protocol uses the internet to make phone calls. More than one-third of businesses already use VoIP due to its cost-effecti...

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