What Is Meant by Asset-based Finance? What Are some of the differences between Asset-based finance and Cash Flow-based Loans/FinanceWhat Is Meant by Asset-based Finance? What Are some of the differences between Asset-based finance and Cash Flow-based Loans/Finance

Both asset based finance and cash flow finance are important sources of funding for a business for its short term(working capital) and long term(capital assets) sustainability.

Asset-based finance is a source of funding that is secured by a company’s assets.

This article looks at what is asset based finance and see the difference between the [...]

Role Of A “Business/Financial Controller”

In earlier articles in the category of Finance Role KPA/KPI,we have been reiterating that many accounting personnel whether they are accounts exective,accountant,finance manager or financial controller should focus on more critical mass like “business”partnering with the other operating managers so as to maximize their contribution to the entity.  Many a times [...]

How To Select The Correct Accounting Software(Part 2of2)How To Select The Correct Business Accounting Software(Part 2of2)

How to choose/select accounting software

In earlier part 1,we learn the importance of choosing the correct business accounting software.

This part 2 deals with the importance of planning ahead when buying the correct business accounting software as this will later save us time and money in the future.

Plan ahead by making sure [...]

How To Select The Correct Accounting Software Or Package for your business(Part1of2)How To Select The Correct Business Accounting Software Or Package for your business(Part1of2)

How to choose/select an accounting software

It is important to understand that there is no such thing as a standard business accounting software which can be applicable to all different industries. Businesses like restaurant/food business,manufacturing business,merchandise business and others need dedicated accounting software to resolve their day-to-day accounting and management information needs. [...]