purchase order blog

What Does a Purchase Order Contains and How Does It Work?

Every business has two primary parties, a buyer and a seller, regardless of the industry. A company keeps track of its inventory and sales…

Read more »

8 Steps to Controlling Inventory Flow & Warehouse Efficiency

Having an optimal inventory flow and warehouse efficiency is vital for businesses to keep their supply chain efficiency.  Ensuring the dispatch of the right…

Read more »

What is Inventory Carrying Cost And How to Calculate It?

Inventory primarily occupies the current asset position in a company’s balance sheet. It is generally the most substantial portion of current assets. This stock…

Read more »

5 Inventory Valuation Methods For Accurate Analysis Of Your Inventory

Inventory valuation methods are an essential part of every business’s costing process. It helps in determining the actual cost per product and profitability. It…

Read more »
saas pricing

6 Best SaaS Pricing Strategies To Get Your Customers To Pay

Finding the right balance between value and price is a challenge faced by every business. When offering Software as a Service, the company needs…

Read more »
invoice template

7 Best Websites That Provide Free Invoice Template

Whether you are a business owner, freelancer or an entrepreneur then, having a personalized invoice template is vital. Invoices aid in generating cash flow…

Read more »
Balance Sheet

What is Balance Sheet? What are the Different Components of a Balance Sheet?

The balance sheet is a statement that reflects a company’s financial position at the end of the accounting year. The components of a balance…

Read more »
startup-failure-companies

9 Biggest, Costliest Startup Failures In India

The recent years have witnessed a rapid rise of startups and entrepreneurialism that also included the list of failed startups. Even though every startup…

Read more »
startup failure

5 Reasons Why 90% Of Startups Fail And How To Fix It

Startups are now the norm of everywhere with million-dollar ideas popping up. Most entrepreneurs think that their product is the unique one which is…

Read more »

7 Advantages of a SaaS Business Model

Software as a Service(SaaS) is an excellent alternative to the traditional methods of standard software installation of a business. The  SaaS business model is…

Read more »

What is Just In Time Inventory (JIT) and what are its advantages?

Inventory management is the art of managing and maintaining optimum inventory levels needed for production. One of the most commonly used inventory techniques is…

Read more »
material requirement planning

What is Material Requirements Planning(MRP) and What are its Objectives?

Material Requirements Planning(MRP) is a method that calculates the number of materials required for production. One of the primary material requirements planning objectives is…

Read more »