Chat GPT in accounting helps automate routine tasks like invoice categorisation, report drafting, and basic financial analysis – saving time and improving efficiency without replacing accountants. Read on to learn more.
Most people think of income as a pay cheque, but money can come from many different places. Understanding the different types of income is the first step toward smarter financial planning.
Uncertainty is the biggest problem when it comes to a fluctuating income. You know that money is on the way, but not necessarily when or how much. This makes it harder to commit to expenses, to grow, and even to pay yourself.
Most business owners understand just how important financial forecasting is. Even so, many approach it as a somewhat static exercise. Build a forecast, review it, approve it, and then ignore it until the next financial period! Just how often should you update a financial forecast – and, what does good practice look like?
Using Brixx can help you to understand the impact of your funding decisions. Compare scenarios side-by-side get to grips with your planning.
Learn how tools like Brixx help accounting firms work smarter, serve clients better, and stay ahead in a fast-changing industry.
Variable cost refers to business expenses that vary directly with the level of output or production. In other words, when a company produces more goods or services, the variable cost increases; when it produces less, the variable cost decreases.
In today’s world, uncertainty seems to be the only constant. From consistent inflation, to global events that ripple through supply chains and consumer behaviour – navigating the future has never been more complex!
Any company, SaaS or not, needs to keep track of the cash they have on deck in order to stay afloat. We’ve compiled our top tips for SaaS cash flow forecasting to help your business see increased success.
Return on assets (ROA) is a financial ratio that calculates the profitability of a business in relation to its total assets. This ratio is often used to assess how effectively a company is using its assets to generate profit.
It is crucial to have effective financial planning for the success and growth of any organisation. To achieve accurate and insightful financial analysis, companies often turn to specialized software solutions. Two popular options in the market are Brixx and Poindexter.
In this blog post, we will compare two popular business planning software options: Brixx and LivePlan. By examining their features, usability, and pricing, we aim to provide you with a comprehensive comparison to help you make an informed decision.
In today’s competitive business environment, having robust financial planning software is essential for effective decision-making and long-term success. Two popular options in the market, Brixx and Futrli, offer comprehensive solutions to simplify financial forecasting, scenario planning, and analysis.
Here at Brixx, we enjoy a bit of healthy competition and have done some of the heavy lifting for you by researching the leading forecasting software and planning tools available and comparing them to what we have to offer. We compare Brixx vs Float as cash flow forecasting and scenario planning tools
