Interactive Accounts Blog
6 FOLLOWERS
In the past 5 years, Interactive Accounts has implemented more than 200 Xero's for businesses in Schools, Engineering, Logistics, Manpower Supply, Retail, Media, Distribution and F&B. We are a full accounting firm that understand the practicalities of running businesses in relation to cash flow, receivables, and payables management. Our vision is to be the go-to partner for SMEs in..
Interactive Accounts Blog
1y ago
Introduction
Does the thought of cash flow management make you tremble? Are you constantly overwhelmed and frustrated due to the cash flow chaos? If yes, do not worry, you aren’t alone. Many small and medium-sized enterprises (SMEs) spend a lot of time tracking finances and chasing payments. However, owing to inefficient systems, they suffer consequences like missed billing and revenue drain. About 69 per cent of business owners have sleepless nights due to cash flow concerns. (https://cfoperspective.com/how-to-create-a-cash-flow-projection/)
Are you in search of the ultimate solutio ..read more
Interactive Accounts Blog
1y ago
In the vibrant and competitive business landscape of Singapore, staying ahead of the game requires not only innovation and dedication but also meticulous financial management. As the saying goes, “Money makes the world go round,” and in this bustling city-state, that rings truer than ever. That’s where Comprehensive Accounting and Bookkeeping Services in Singapore come into play, offering a lifeline to businesses aiming for financial excellence.
Understanding the Singapore Advantage
Singapore’s strategic location as a global business hub attracts entrepreneurs and corporations from around the ..read more
Interactive Accounts Blog
1y ago
If you run a business in Singapore, you know how important it is to manage your cash flow and credit risk. You need to ensure that you get paid on time by your customers and that you avoid bad debts and disputes. However, managing your accounts receivable can be a challenging and time-consuming task, especially if you have a large number of customers, invoices, and transactions.
That’s why you might want to consider outsourcing your accounts receivable function to a professional firm that offers AR services in Singapore. By doing so, you can enjoy many benefits, such as:
Streamlining Financial ..read more
Interactive Accounts Blog
1y ago
As a new business owner in Singapore, you may not know that you can utilise accounts receivable to sell your products to customers. In this simple and brief guide, we will simplify all the basics of accounts receivable, helping you to handle the term effectively. By the end, you can easily understand how to utilise accounts receivable effectively for the good of your business. You can also get some idea about how accounting and bookkeeping services in Singapore can make this process simple without errors.
Accounts Receivable
When a big or small business sells its products or services to its cu ..read more
Interactive Accounts Blog
1y ago
(Source: https://www.statista.com/outlook/dmo/ecommerce/worldwide#revenue)
Ecommerce has become a buzzword in recent times. The global eCommerce market is expected to reach USD 6.35 trillion by the year 2027. (https://www.statista.com/outlook/dmo/ecommerce/worldwide#revenue) That shows the growing market size of eCommerce. So, if you want to thrive in the competitive landscape, collaborating with an eCommerce website design company in Singapore is the need of the hour.
In this blog, you will explore everything about eCommerce and how it benefits your business.
Benefits of ..read more
Interactive Accounts Blog
1y ago
Want to improve your engagement rate and drive more traffic to the website? In that case, hiring a website design company in Singapore is the ideal option. Today, the internet is flooded with websites. To grab the attention of your target audience and stand out in the competitive landscape, it is important to focus on your website design. An effective design will not only increase your brand visibility but also enhance user experiences. In this blog, you will explore the best tips for designing your website. Let’s dive in!
Declutter the Homepage
The homepage of your website is the ..read more
Interactive Accounts Blog
1y ago
The Singapore Companies Act requires every company to appoint a Corporate Secretary within six months of incorporation. This official is responsible for critical tasks like filing ACRA documents, maintaining statutory records, and organizing board meetings. The duties of a Corporate Secretary (CS) vary across public and private companies. A public company’s secretarial requirements are often complex, as the CS must ensure compliance with stringent rules and regulations. That is why many companies in Singapore opt for corporate secretarial services. Professional CS services help companies manag ..read more
Interactive Accounts Blog
1y ago
Finance is undoubtedly the bloodline of every business. To manage the finance of the company, a chief financial officer or CFO is usually appointed. However, small companies or specifically start-ups, cannot afford to have full-time CFOs. That is why they opt for fractional CFO service. Are you wondering what is the role of a fractional CFO in an organization? In this blog, you will get to know everything about fractional CFO. Let’s begin!
A Quick Overview of Fractional CFO
A fractional CFO serves as a part-time CFO for start-ups and small organizations. They offer their financial experti ..read more
Interactive Accounts Blog
1y ago
Online shopping is booming these days in every part of the world. As a result, more and more businesses, including brick and mortar, are selling goods through eCommerce websites. However, only a handful can endure in the market while the remaining businesses are left behind. This is because those eCommerce companies often make certain errors on their websites. Ideally, a good eCommerce website design company in Singapore should avoid making these ten common mistakes.
1. Lack of functional elements
No customer would like to buy from a website that lacks features and feel dull. So, apa ..read more
Interactive Accounts Blog
1y ago
Finance is vital to business functions. Maintaining good financial compliance and records can help you identify issues with distribution, logistics, budgets, etc. However, keeping the books for a small business can be difficult. The scattered information is challenging to collate without adequate expertise. Hiring one of the best accounting services for small businesses in Singaporeis recommended if you’re a small business owner facing trouble with accounting.
Bookkeeping Services
The first step in updating your company’s finances is bookkeeping. An experienced firm offering accounting and boo ..read more