How important is managing cash flow to a business?
Every company needs to manage various incoming and outgoing expenses, and may need to process a lot of documents at the same time, and then record the expenses to excel one by one. Often these processes are time consuming and inefficient. With the trend of digital transformation, some processes can use digital tools to help solve problems. Here is the Small Business Specialists from Xero - Ada's experience and insights!
To increase company productivity, companies can use electronic tools to improve efficiency. Use cash flow management software to replace the complicated excel input process, link different banks and automatically integrate the cash flow of each month, and present all the data clearly, thereby reducing time cost.
Ada Lam
Small Business Specialist
Xero
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