by SumoSum | Apr 30, 2023 | Insights
“Stethoscope and piggy Bank” by 401(K) 2012 is licensed under CC BY-SA 2.0. Employee benefits are additional forms of compensation provided by employers to employees, beyond their regular wages or salary. These benefits are designed to enhance the overall...
by SumoSum | Mar 29, 2023 | Insights
“#finance #personal-finance #banking #saving” by Lemon Loco Designs is licensed under CC BY 2.0. Let’s begin by explaining what a sales on credit percentage is – it’s a critical metric for any business that sells products or services on credit...
by SumoSum | Feb 21, 2023 | Insights
“Account Software Singapore” by Accounting Software is licensed under CC BY-NC-SA 2.0. Work Smarter with Financial Forecasting Templates Creating financial forecasts via spreadsheets can be time-consuming, cumbersome and inaccurate. Thus, SumoSum is...
by SumoSum | Jan 10, 2023 | Insights
“Fintech, money, finance” by Tech in Asia is licensed under CC BY 2.0. Cash Flow Projections for Funding & Management Funders like banks and investors require financial projections including a Cash Flow Statement that demonstrates how much cash you...
by SumoSum | Dec 8, 2022 | Insights
“Excel & OpenOffice Calc navigation shortcuts” by Till Zoltán is licensed under CC BY-SA 2.0. Excel is NOT the Solution for Financial Forecasting While spreadsheets are the top-of-mind tool for crunching business numbers, unless you’re part accountant,...
by SumoSum | Oct 26, 2022 | Insights
“Piggy Bank” by free pictures of money is licensed under CC BY 2.0. Why a Future Profit and Loss Statement? Forecasting a future profit and loss statement is key to gaining investor interest, particularly for early-stage and startup businesses that don’t...
