While many associate salesmanship, marketing, industry knowledge and good communication skills with property management, accounting is the last thing that comes to mind. However, property management accounting is a significant part of the day to day running of a property management firm. Overseeing the day to day account operations of commercial or residential property building […]
The world has suddenly turned fancy and the universe of construction business is shining with activity. With several new players making an entry into the market, the competition no wonder has become pretty high. As such, the oldies in the market are facing dire straits and the new entrants are struggling to survive. In the […]
Real estate development is a risky business. Conceiving the plan for the project, calculating variables, closing the deals and managing stakeholders and clientele are all resource intensive and time consuming aspects of this business and this only covers the day to day operations. Achieving business growth and profit is a whole different matter. Effective operational […]
Looking forward to transforming your accounts payable department into a profit center? Here’s something that you need to do!
In the present scenario, business centers are being constantly faced with a challenge to extract the maximum out of their available financial resources. In order to do so, many are resorting to cost cutting as well. However, the thing about cost cutting is that, if done in an incorrect manner, it can mean an impending […]
In today’s high pressure environment, there is a pressing need to optimize performance and achieve operational efficiency. With ever regulatory nuances and compliance requirements constantly changing, it is safer to entrust essential services to those who understand it. Due to a desperate need to control and reduce costs, all the while achieving growth, company CFOs […]
Despite being the most important part of every company’s daily routine, the recruitment, training and maintenance of a department of accounting personnel is not affordable for all. In today’s digital age, there is the added expense of constantly purchasing and updating licensed accounting software. More companies are beginning to realise the importance of outsourcing non-core […]
Well, for one reason that it means one less thing to bother about for the business! Not having to keep track of all the transactions – be it small or big – keeping the books updated is one hell of a task to do on a regular basis. But, as is obvious, outsourcing comes at […]