Top Tips for Business Goal Setting in 2022

Here are the top five articles that subscribers of the Accounting Apps newsletter clicked on the most during the week commencing the 6th of February of 2022.

Top Tips for Business Goal Setting in 2022 | (Float)

Are you setting New Year’s resolutions? No, we’re not talking about hitting the gym or eating less takeaway food. We mean setting business goals and objectives. Coming into the new year, it’s the perfect time to set some goals – both realistic and aspirational – for your business to work towards. In short, business goals ensure that everyone in your company knows what you’re working towards. It helps you to set out a plan for how you’re going to get there, giving your business direction.

5 Cash Flow Management Tools for Business in 2022 | (Pinch) 

If there’s one goal you need to have for your business, it’s to get a handle on your cash flow. Here’s the good news: you don’t need to hire a number-cruncher to improve your business’s financial health. There are plenty of tools out there to help you get a handle on your cash flow, from basic forecasting and management tools to in-depth analytics. Want to get a handle on your cash flow successfully? This article has rounded up five cash flow management tools with the features and functionality businesses need in 2022.

How to Automate Your Order Management Process | (Jotform) 

Automating key business processes, like the order management process, is an important step to putting your company on a level playing field in the e-commerce space. Whether you’ve already started down the path toward automation or you’ve just now made the decision to shift away from manual order management, you’ll need some assistance. Here’s how you can get started.

How Finance Teams Can Cut Costs for Small Businesses | (Budgetly)

Business owners often don’t think about cost-cutting unless necessary. However, with rising supply prices, less consumer spending, and chances of incoming inflation, it’s time businesses get proactive about being savvy with company money. Most organisations are able to reduce costs with the help of an integral department to this exercise – the finance team. But it takes strategy, critical thinking, and a combined effort from the business owner and finance staff. 

Engagement Letters Are Important | (TOA Global)

​​Discover how engagement letters help both accountants/advisors and clients when doing business. Any accountant or advisor should know that engagement letters form a critical part of an effective client relationship. Engagement letters set the overall tone for the relationship, provide clarity on scope, and confirm expectations for both the advisor and the client. A robust engagement process can be an early determining factor of a successful — or not-so-successful — working relationship. Advisors who don’t pay attention to this process are at risk of overservicing clients and exposing themselves to a range of other challenges. Let’s take a closer look.

Which one of these articles has resonated with you the most this week?