Browse Category: Useful Tools

The Best Way To Track Company Expenses

The Best Way To Track Company Expenses

Your business is your vision. Every day you work to overcome different challenges to get to your goals. Your cashflow is the substance that your business thrives on. Tracking expenses should be second nature to your everyday business function.

The simple fact is, you need cash in your hand to run your business. If you only care about more money coming into your business than going out, you will lose sight of the objectives that you set in the first place.

All aspects of your business should point to bringing in revenue in order to make your ship sail smoothly.

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Purchase Orders: What Happens When You Don’t Track Your Expenses

3WhyPurchaseorderImportant

You decide to start your own business. You realize that breaking away from the everyday hustle and bustle of big business life is a big step. At this point you have done enough research on how to spend your money and what your target market is looking for. You are confident that you are making the right decision. Have you thought about how to track your expenses?

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3 Things You Probably Don’t Know About Efficient Purchase Orders

5ThingsYoudidntKnowPO

Your purchase order (PO) process is absolutely necessary to your business operations. Why? Because electronic purchasing is quick, efficient and it can be monitored. Not having an efficient purchase order system can have delaying effects on the whole process. It’s like having a debt that is not repaid; it accumulates interest and the entire organization can be brought to a stand-still under the debt load that it has incurred.

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Customer Development Using Outbound Emails

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It is early days at ProcurementExpress.com. The app is doing a great job for early customers helping them put an approval process around their company purchases. Adoption rates have be huge. The only challenge now is to figure out how to acquire more customers like the ones that we already have.

As well as some other techniques, we have rolled out an outbound strategy, approaching companies we think could benefit from the solution. Inspired by Aaron Ross’ Predictable Revenue, here is exactly what we are doing. Continue Reading