Category: Trending Topics

Cash flow tips to help your small business

At some point, most businesses will hit cash flow issues, even with the best cash flow tips at hand. Sometimes businesses will delay payment to vendors and discount invoices as an incentive to get customers to pay faster.

Batch accounting and Real-time accounting the Spire Way

For a long time now, real-time accounting versus batch-based accounting has been a subject of debate. In this blog we explore the benefits of each and share how Spire offers batches in some places and real-time accounting in others, where it makes sense.

Ransomware: The ugly truth and how you can be better prepared

After seeing several new threats this year already, some old ones are still lingering. Surprisingly, some businesses are still caught unprepared. The truth is that different types of malware are rearing their ugly heads with new ways of taking advantage. Ransomware is a severe threat. Recently, we heard about a business that had the misfortune of dealing with just this.

6 Effective Tips For Multi-Warehouse Inventory Management

Effective inventory management for your growing business is crucial. As your company transitions from a single-warehouse to a multi-warehouse model, you can encounter problems with inventory accuracy. Small problems that are easy to solve before your business growth, have now become big problems. When you have more than one warehouse, you need a multi-warehouse inventory management solution. With that in mind, we have 6 tips for you to consider.

Canadian Government COVID-19 Assistance Programs

In 2020, the Canadian Government offered several assistance programs. This blog post outlines some of what was available and how to apply for them and we will take a look a look at how you can manage payroll subsidies in Spire. Note: This information needs to be confirmed by the company that applies to these programs. It would be best if you determine your eligibility for each program offered. We are only showing you where you can apply.

Business Growth with the Right ERP Solution

In the business world, rapid growth is a strategy that needs to be well thought out and fast. For some small to medium-sized businesses the dream of eventually becoming an industry giant is more than just a dream. The ultimate goal is to have significant pricing power, strong brand awareness, and a nearly unlimited supply of new orders. However, that growth comes at a cost – literally.

5 Tips on Motivating Your Team

It can be difficult motivating your team, particularly in a busy office environment. Each individual plays a role in the success of an organization, but motivating a team member to tackle a new project or add additional work to an already hectic schedule can be a challenge.