Wednesday, April 24, 2024
Did you know that just one fraud email could cost a business $8 million dollars? Advance Publications is one of the most unfortunate examples of how a multi-billion dollar company can fall prey to accounts payable fraud that has emerged as a big challenge for businesses today. AP fraud is […]
According to a 2016 study by the University of Phoenix, approximately two thirds of all US adults who use popular social media platforms are aware their accounts have been hacked at least once. With 76% of online adults using social media according to statistics by the Pew Research Center, that […]
With the world economies slowing down and markets becoming increasingly volatile, business spheres have become fiercely competitive. This scenario has made it imperative for the enterprises to focus intently on their core competencies and augment their deliverables, efficiently. Deviation from core activities often results into losing out lucrative opportunities. Apparently […]
A small business entrepreneur often tends to keep bookkeeping and account management in-house. Most of them, experience a strong dilemma, to consider outsourcing something as sensitive as accounts management. However, quite unfortunately, several businesses keep cost as one of the important aspects while taking a decision, and completely overlooking its […]
Cloud access is more than simply convenient in today's business world. It's an imperative that consumers expect. The problem is that cloud security has more potential access points than the laptops and desktops of earlier computer generations. That translates to more potential security holes. Here are three ways to protect […]
If you're in search of your next great escape, Instagram offers travel inspiration in the palm of your hand. From Memphis to Mumbai, millions of people all over the world use the photo-sharing app to upload their daily lives and events. Though scrolling through these feeds may be enjoyable, it's […]
Keeping a meticulous account of your financial dealings is imperative for the self-employed and will also help you avoid penalties from the government or HMRC. This applies for sole traders as well as individuals in a business partnership. Maintaining records of your personal income is also expected. What Records to […]
Cash flow is vital to all businesses ranging from small businesses to enterprise organizations, government agencies, and nonprofits. Having cash on — on an ongoing basis — hand brings with it security, stability, more buying power, flexibility, and the ability to grow. However, despite robust sales, it’s not unusual for […]
When running a business, you need a company that is able to accept all of your payments and give you the best ability to succeed, regardless of what sort of material you sell or services you provide. While this is important, if you are considered a high risk account, you […]
The accounts department is an important function for any business, but for small businesses where cash flow is the lifeblood, the accounting section can really make a big difference to understanding where the money is being made and where it's being spent, this is an area where Gilmour & Co can […]
Thinking about starting a savings account? That's great news - especially in a time when the cost of living is rising, and many Australians are living paycheque-to-paycheque. Here are 4 questions you should ask before getting started to make sure that your online savings account is working for you. 1) Is savings […]
In a broad sense, offshores are territories with the most favorable conditions for doing business. These spaces received this name because most offshore companies are island states, but not all of them. A banking business registered in an offshore zone can become an effective tool for comfortable and safe entrepreneurship. […]