-
Maximizing Restaurant Efficiency with Restoke
Restoke is an AI powered, all-in-one restaurant management platform that helps teams automate routine work, improve revenue and COGS with a fully integrated system that provides real-time insights and replaces spreadsheets and checklists. Restoke is a restaurant process automation and team management software established in 2018. The platform focuses on automating tasks, tracking inventory, and…
-
Detecting Invoice Fraud: Techniques for Recognizing Suspicious Invoices
Instances of deception and financial malfeasance are concerning for every accounts payable department. While ensuring accurate financial records and timely payments is part of our responsibility, detecting and addressing fraudulent activities is crucial. Unfortunately, fraudulent invoices have become increasingly prevalent in many AP departments. An invoice scam commonly involves a deceptive party posing as a…
-
Float – Cash Flow Forecasting Tool
Introduction Float is a cash flow forecasting tool that shows your cash flow in real-time, helping you make better business decisions. It integrates with Xero, QuickBooks, and FreeAgent, eliminating the need for complex spreadsheets and giving you more control over your finances. By using Float, you can easily track and visualize your past, present, and…
-
Differences Between Employees and Contractors
As an employer, it is important to determine whether your worker’s status is classified as an employee or an independent contractor. What are the distinctions between the two options? Here are some points to consider. What are the duties and obligations that come with being the owner of the business?If your worker is considered as…
-
Key Performance Indicators (KPIs) for Chief Financial Officers (CFOs)
Key Performance Indicators (KPIs) are measurable values that help track the effectiveness of a company or department in achieving its key business objectives. For CFOs, KPIs are crucial in providing transparency into the organization’s financial operations and business performance. They enable financial leaders to make informed decisions about financial management processes by offering insights into…
-
Why Employment Hero Payroll is more suitable for businesses than Xero Payroll?
Introduction Xero is a popular cloud-based accounting software that helps small and medium-sized businesses manage their finances, such as cash flow, accounts, and expenses. Many businesses also use Employment Hero for their HR needs alongside Xero for accounting. While some businesses prefer Xero’s payroll functions, others might find Employment Hero Payroll more suitable, especially for…