Every business operation requires an essential aspect known as the order-to-cash cycle. It is a process that initiates with an order received from a customer and ends with the successful collection of payment from them. Accounts receivable tips management and payment collection from customers are crucial steps in this cycle. To increase business efficiency and […]
Restaurants operate in a highly-competitive and ever-changing market. Add this to staffing challenges, ever-shifting food trends, customer preferences and daunting regulatory environment – a restaurant accounting in 2023 could be the most dynamic among all the business. Even when all the above challenges are successfully overcome, a restaurant owner may still fin fit difficult to […]
