Recent Posts

  • Brexit and ecommerce
    How to find the right inventory management system for you

    Over time, inventory software and inventory management systems have steadily become more popular amongst businesses that deal with inventory. According to a small business survey conducted by Wasp Barcode, 53% of small businesses use any kind of system to track their inventory. In order to keep up with the demand,…

    4 mins read
  • Brexit and ecommerce
    What is inventory software?

    The term inventory is most commonly defined as the materials and items that are used during the production processes, as well as the finished and unfinished goods that a business owns. Inventory software, also known as an inventory management system, is a solution that allows businesses to track, organize, and oversee…

    4 mins read
  • Brexit and ecommerce
    Running an ecommerce business during Brexit

    Since the idea of Brexit was first mentioned, it has now become a commonly used term all over the world. While the UK officially left the EU on the 31st of Jan 2020, there is presently a transition period that ends on the 31st of Dec, 2020, for both the…

    5 mins read
  • What is recurring revenue business model?
    What is Recurring Revenue Business Model? Types, Benefits & Challenges

    The business ecosystem is in the midst of a paradigm shift, as customers are increasingly preferring to pay for access rather than ownership. Many industries have shifted from the one-time sales model to the recurring revenue model, which allows businesses to generate consistent revenue by providing ongoing access to their…

    8 mins read
  • What is recurring revenue business model?
    What is Consolidated Billing?

    Let's say you own a SaaS business. You offer a wide range of services like networking, cloud storage, data analytics, etc and one of your customers has subscribed to five different services. To collect payments, your finance team would have to spend time and effort in creating an invoice for…

    5 mins read
  • Corporate travel after the pandemic
    The new normal: a glimpse into the future of business travel after COVID-19

    A minute pathogen has turned the world topsy-turvy, especially the global business travel market. From an earlier prediction that business travel spend would top $1.7 trillion by 2022, GBTA is now predicting that the business travel industry will suffer a revenue loss of $820.7 billion. Since companies have been directing…

    3 mins read
  • Switch from spreadsheets to expense management software
    7 reasons to switch from spreadsheets to expense management software

    Businesses often use spreadsheets as their go-to tool for expense management. This seems reasonable, considering that spreadsheets are a convenient and familiar way to organise information. However, this arrangement only works when you have just a handful of employees submitting expense reports. When you get a surge in the inflow of expense…

    6 mins read
  • What is recurring revenue business model?
    What is Metered Billing?

    Metered billing is a pricing model where the customer is charged based on their consumption level of the product or service. Typically, under metered billing, the customers subscribe to the product plan that will include a base price for a specific usage limit. Once the customers cross this limit, they…

    5 mins read