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?…
Do you see growing business opportunities but afraid you might be leaving money on the table due to a limited budget? Worry no more, now you can avail the best accounting software and payroll software by Million Software with SME Digitalisation Grant. What is SME Digitalisation Grant? To encourage the private sector to join the…
Irrespective of the size of your business and the number of employees working for you, the accounting department of your business is undoubtedly the most engaged one and needs to be efficient. The strong responsibility of being efficient on accountants keeps them on their toes all the time and sometimes this also drags them at…
Human resource management has noticeably evolved in the past decades and this evolution will continue in upcoming years. HRM used different types of business software to reduce the burden of work and smoothen the workflow. Payroll is the most common business software which is used by HRM, HR staff, and sometimes employees too. As manual…
Product: HRM and payroll Currently, we are living in an era of artificial intelligence in which technology influences all the professional fields of the world. The working styles of corporations and organizations have changed. The powerful tools and equipment make their place in a brief time. Among these tools, business software is the dominant one.…
Payroll management for business is time-consuming, complicated, and burdensome, especially for large businesses. Payroll processing and proportions have a large possibility of mistakes and errors that can bring negative impressions on employees as well as on the overall productivity of the business. Additionally, violation of tax regulation and delay payment to employees destroy the moral…
Thanks to the internet and modern technology, the HR department is no more just a backend office drowning in files with a frenzy about ever-pilling paperwork. HR has now turned into a very tech-savvy department that is much more organized and efficient, working harmoniously with other departments like administration, management, and finance. This is mainly…
Manually logging in the in-out timing and attendance of each employee to calculate their correct pay each month can be a time-consuming task. This can get especially tedious in organizations with a larger number of employees or companies with offices in multiple locations. Therefore companies who are up to date with technology and like smart…
Overview about Accounting The concept of accounting is as old as money. Definitely, when there is money handling, there is accounting. Accounting is a comprehensive system to collect, analyze, and communicate financial information. In the early stages, people perform accounting manually because of the small number of transactions and less complicated procedures. But now even the…