How to effectively manage your business’s cash flow

A business’s cash flow is considered to be the true indicator of its size and has the power to lift it up or take it down. Good cash flow management reveals solid structuring and carefully mapped moves. On the other hand, poor cash flow projection and management can impede the growth of your firm. How …

Elorus Team in Accounting

New Year’s Resolution: Get paid faster

Every New Year is the mark of new beginnings. We all make promises to ourselves to become more organized, increase our productivity and overall change our attitude towards facing obstacles. In the heat of a thousand daily crises, running a business adds one more challenge to the pile; receiving payments on time. It would only make sense if you …

Elorus Team in Payments

The 5 most common accounting mistakes small businesses could easily avoid

Running a small business may sound as a piece-of-cake project, but being responsible for every aspect of operations is not an easy task. Small business accounting and invoicing can be a big deal if you are not well-informed or had no previous experience. Given the fact that no one is perfect, accounting mistakes happen every day. However, …

Elorus Team in Accounting

10 good reasons your company should use a cloud invoicing and billing system

It is high time we all faced the hard facts; the handwriting era of invoicing and billing is coming to an end and everyone should go with the flow. Not because it is inevitably ending but most importantly because that’s actually better for everybody. We no longer have to keep printed records for everything. On …

Elorus Team in Accounting

5 tools to help you organize your freelancing

To those working as employees, freelancing might seem like the perfect gig. You get to be your own boss and make up your own working hours. You decide which jobs you’ll accept, keep all the profit AND work in your pajamas. What’s not to like? As a freelancer myself I can attest that it is …

Elorus Team in Technology

Welcome to Elorus!

We, here at Elorus, decided that it was about time we introduced ourselves properly to the world. Up until now we have let the application and its capabilities speak louder than words. In this modest fashion we will proceed with presenting to you Elorus’s journey from infancy to adulthood. Elorus was first conceived, by George and …

Elorus Team in Elorus News & Updates

5 great online payment providers to choose from

In our previous post, we discussed the various payment options available to small businesses and explained why online payment has already been established as the faster and most convenient payment method for small and personal business owners and their clients alike. Compared to cash payments and wire or bank transfers, online payments are a no-brainer for a modern business. Choosing …

Elorus Team in Payments

Freelancer? Get paid faster with online payments

Freelancing is an increasingly popular option among professionals. And why wouldn’t it be? You are your own boss, have control of your business (and your destiny), and can even work from home in shorts, t-shirt, and flip flops (if that’s your thing). That said, dealing with the bureaucracy and keeping tabs on your money flows, …

Elorus Team in Payments