Successful businesses of all sizes use CRM systems, but for small businesses, it can be a breakthrough. Replacing outdated spreadsheets and file folders, this software offers essential benefits that drive growth and success. It enables small businesses to efficiently manage databases, streamline marketing, boost sales, and enhance customer service and business processes. This article will delve into the main benefits…
The role of the Chief Financial Officer has significantly transformed in recent years, particularly in how CFO AI transforms financial reporting. Traditionally, CFOs were mainly focused on financial reporting and compliance. However, in today’s business environment, their role has expanded with the advent of technology, including tools like CFO AI. This AI-driven tool automates financial reporting, enabling SMEs to quickly…
Is paperless invoicing better than paper invoicing? Let’s explore the answer. Despite the digital shift in today’s business world, many small businesses still rely on traditional paper invoicing, printing, and mailing bills to customers. This outdated approach often leads to unnecessary delays, higher costs for printing and postage, storage issues, and increased paper waste. So, why continue with paper invoicing…
In today’s digital age, the ability to scale your business from offline to online is no longer just an option—it’s a necessity. As consumers increasingly turn to the internet for their shopping and service needs, businesses must adapt to stay competitive Our recent webinar titled “Scaling Your Business: Offline to Online” provides valuable insights and practical steps for making this…
Do you dread the holiday season scramble to send bulk SMS to all of your business partners? The process can be costly, time-consuming, and tedious, especially if you have a large network. Imagine a world in which you can send out well wishes or important updates to everyone with just five clicks. Built Accounting, Africa’s all-in-one financial platform for SMEs,…
We are glad you’ve made the decision to switch to Built. Before we start, we have a special package to ease your switching from Wave to Built. We are offering you migration support and a free 12 months Starter Package on Built. Click here to sign up for it. Here are simple steps to help you switch to Built easily:…
We are happy to announce the release of Built Payroll, Vendor Pay, POS and Subscriptions features on our accounting and finance software. These features are part of the product roadmap we have designed to automate bookkeeping and cash flow management for small business owners to ensure that they have enough time to focus on their core business operations. Payroll We know…
General perception Most small business owners do not see the importance of paying themselves at the end of the month because they have the perception that they own the monies in the business and also, they can pay themselves at any time. Yes, you can pay yourself at any time because you do not report to shareholders or stockholders. You…
What is Payroll accounting? Payroll accounting is generally about properly accounting for salaries and wages of workers, taking into consideration the statutory obligations that arise and then making payments for them within the required time and with the right documentation. It hinges on 3 pillars: the terms of employment, the policies of the company, and the laws of the land.…