Parag Patel

Does your business have a good liquidity ratio?

Liquidity ratio

The health of a business can be measured in numerous ways, from pre-tax profit margin to accounts receivable turnover. To measure the immediate health of a business, however, you should look to how well a company is able to meet debt obligations.

Parag Patel

The Role and Impact of QR Codes on Accounts Receivable and Billing

invoiced qr codes

Quick Response codes - commonly known as QR codes - were created over 25 years ago to solve a manufacturing problem. A Japanese Toyota subsidiary was struggling to track parts in its manufacturing facility, creating the need for a kind of barcode that could store more information. QR codes took the basic idea of the barcode, but expanded the data capacity a hundred times over, without taking up.

Parag Patel

How Machine Learning and Automation Affect Billing

artificial intelligence

Just as mobile technology and data science made fundamental changes in business, machine learning and artificial intelligence will redefine how daily work is done. Expanding automation will allow businesses to be more efficient, creative and – ultimately – effective.