Accounting software has occupied most of the businesses in the world for 45years. Especially large business seems impossible to handle their workflow without accounting software. Generally, Accounting software is a computer program. They serve as helping hands to accountants and bookkeepers for keeping and reporting financial transactions of any firm. The function of accounting software…
SME Digitalization grant is an initiative started by the Malaysian government in 2021 to support the rapid growth of Small to Medium Size Enterprises also called SMEs. The Malaysian government will pay 50% of any digitalization product or service an SME wants to invest in. The maximum limit of the grant is up to RM5,000!…
HRM Software has a significant impact on organizational effectiveness. These days, managing employees is more complex and time-consuming than ever before. There is a great deal that goes into the HR roles and responsibilities. Tracking and recording employees working hours is difficult in a time when working from home or a hybrid style of working…
SME Digitalization grant has been announced to help small businesses or SMEs that support the economy. This grant is intended to help these small-scale businesses to digitalize and enjoy fair competition with businesses operating on a larger scale with larger budgets. It is to encourage Malaysia’s businessmen to move towards digitalization. The government wants to…
From marketing your brand, finding the right vendors, and keeping your customers happy, running a small business means wearing several hats in a day. Owners of SMEs face several challenges on a daily basis, and accounting is a serious one. Accounting your business finances to manage and monitor cash flow is very important. Most importantly,…
The government of Malaysia is offering small business SME Digitalization Grant to help them modernize their business by equipping them with digital tools such as business software and online business platforms. The Grant will enable the business owners to avail the of digital products and services by paying only half the price. This means that…
As businesses are now returning back to some form of normality and stabilization, the importance of digitalization is evident more than ever. More and more businessmen are now keen on leveraging digital technology. However, bouncing back from a destabilized economy, not many small businesses can afford to invest in digital business tools. SME Digitalization Grant…
Business software truly influences corporate life and wins a dominant position throughout the world. Softwares like HRM and payroll automate the business function and maximize business productivity through their working efficiency. Now business owners accept the need for business software for their company or organization and do not step backward in getting hands-on with such…
The government of Malaysia has budgeted to assist you to digitalise the process of your business for maximum efficiency, better profitability, and scalability. This is to encourage the private sector to join the digital development happening around the globe and modernize the businesses in Malaysia. This will advance the businesses in Malaysia, help them become…
What is Cashflow? Cash flow is the money flowing in and moving out of your business in the form of paid rents, utilities, salaries of employees, etc. You need to analyze the cash flow by taking into account factors like net income, depreciation, taxes, amortization, and other charges. Is positive cash flow a good thing?…