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Showing posts from January 8, 2022

Booking to cash process

  Booking to cash process This process begins when the system gets a request from a consumer. Customers can place orders online directly on your website or by email from your sales staff. Either way, automating your order management can help you move orders quickly from order entry to cash receipt. Order fulfillment and delivery follow next in the cycle (Ahmed et al ., 2017). This stage of the cycle mostly pertains to firms that deal with physical items, where inventory staff should be informed with the correct information of the order to proceed with fulfillment and delivery. When it comes to digital services or Software as a Service (SaaS), this might entail allowing access to the ordered product or service. In this case, study how the booking to cash process is occurring in the photography company Fotof Fotof's booking to cash or Order to cash provides services in the areas of family photography, personal event photography (such as weddings and parties), and commercial pho

Online Business Setup in the United Kingdom

If you are planning to set up your online business in the United Kingdom, you need to register as a company. There are various types of businesses you can choose from, including a limited liability partnership and a limited company. These have different legal statuses but all of them are easy to register. These companies are beneficial as they allow foreigners to have the roles of shareholder, director, and secretary without having to reside in the UK. Before starting an online business in the UK, you must make sure that the product or service you plan to sell is in demand in the country. After choosing the product or service, you must register a company and open a corporate account in the UK. The registration process for companies in the United Kingdom is relatively simple. You must keep in mind that it is important to conduct thorough research to ensure your business's success. After deciding on the niche and audience, the next step is to choose a business model. After choosing a