RESOURCES
Steps to Effective Compliance Risk Management
How to Comply with Risk Management Requirements Compliance risk management is one of the essential areas of business. It involves identifying, assessing, monitoring, and controlling risks to prevent non-compliance with laws and regulations. Companies that manage...
Explaining cryptocurrency with investment benefits and drawbacks.
A cryptocurrency is a type of digital or virtual currency that uses encryption to protect it from counterfeiting or duplicate spending. Blockchain technology, a distributed ledger enforced by a dispersed network of computers, is the foundation of many cryptocurrency...
Top 5 CRM software to use with XERO
Have you heard of the term “CRM” before? CRM stands for "Customer Relationship Management," and it refers to all strategies, techniques, tools, and technologies that businesses use to develop, retain, and acquire customers. This software ensures that every step...
Top 3 Advantages of using external accounting services
What does it look like to outsource your financial tasks? You can have the full accounting department experience through financial services outsourcing without the difficulty and expense of an internal employment process. You have access to skilled and qualified...
10 Tips for Using Cryptocurrency in Your Small Business
Cryptocurrency has been getting a lot of attention lately—and for good reason. This digital currency offers a number of benefits for businesses, including lower transaction fees, increased security, and faster payments. If you're thinking of incorporating...
5 Most Common Small Business Accounting Mistakes
While accounting software has made bookkeeping and accounting easier for small businesses, it has also increased the frequency of errors and accounting mistakes, ranging from incorrectly categorizing a transaction to doing all accounting yourself. Some accounting...
Top 5 Point-of-Sales software to use with XERO
Next in our series of best software that support XERO integrations, we’ll be looking at the top 5 POS software that can be used with XERO. First, let’s understand what is a POS system. What is a POS system? A point of sale system, or POS, allows your customers...
What exactly is tax evasion, and how can I prevent it in Singapore?
Singapore takes tax compliance very seriously, despite their tax system's reduced red tape and transparency. Penalties for tax evasion are severe and should not be taken lightly. They are motivated primarily by a desire to eliminate corruption and create a level...
Handling the GST rate hike
This article offers some helpful advice on how businesses should prepare themselves in particular for the first rate rise in Singapore's GST, which will take effect on the first day of the next year, in advance of the anticipated two-step GST rate hike. The majority...
What does Singapore’s tax system and ESOP mean to you?
An Employee Stock Option Plan (ESOP) is what, exactly? Employees may receive compensation in the form of an employee stock option plan, or ESOP, as a retention strategy or performance incentive. They are typically provided in the form of company shares, which confer...
Top 5 Payroll Software to use with XERO
Previously, we covered on the top 5 eCommerce software that supports XERO integration before sharing on the top 5 inventory software that works best with XERO. Now, let’s look at the top 5 payroll software to use with XERO. What is a payroll software? Payroll...
Workplace Automation is Everywhere
Have you heard of the term "workplace automation"? Automation, as we know, is the development and application of technologies to produce and deliver goods and services with minimal human intervention. The use of automation technologies, techniques, and processes...