Insight into Data-Driven Budgeting and Forecasting
![budgeting and forecasting](https://i0.wp.com/genzed.co.uk/wp-content/uploads/2024/08/data-strategic-planning-1.png?fit=800%2C566&ssl=1)
In the era of technological advancement, modern financial management is no stranger to leveraging these advances and is being increasingly aided by data-driven budgeting and forecasting practices to enhance insights and offer accurate statistics for well-informed decision-making. Gone are the old methods that leaned on experience and historical trends, the new data-driven approaches work with […]
Accounting for SaaS companies – A Comprehensive Guide 2024
![accounting for SaaS companies](https://i0.wp.com/genzed.co.uk/wp-content/uploads/2024/05/saas-concept-collage-scaled.jpg?fit=800%2C533&ssl=1)
Within the dynamic domain of Software as a Service (SAAS) companies, the role of data-driven accounting proves to be pivotal as organisations face inherent complex issues with a wide range of challenges in a subscription-based business. Stability in the processes of accounting for SaaS companies with a hereditary industry model is ensured if the accounting […]
Bookkeeping for a Restaurant – Comprehensive Guide for 2024
![bookkeeping for a restaurant](https://i0.wp.com/genzed.co.uk/wp-content/uploads/2024/04/restaurant-hall-with-red-brick-walls-wooden-tables-pipes-ceiling-scaled.jpg?fit=800%2C640&ssl=1)
In the demanding sphere of the restaurant industry, bookkeeping of high quality leads to a gold-standard financial management system, that affects even simple things such as daily activities, sales, profit margins, minimising wastage, and long-term strategic planning. This guide will address aspects of bookkeeping for restaurants to improve efficiency. By the conclusion of this post, […]