How documenting processes can help you scale up Over the years the idea of documenting processes has often been ignored or considered a lost cause. The documents are often not updated and the traditional format (binder or word document) is not really something your staff want to flip through to review processes. As a […]
Planning your daily deposit reconciliation Every day happy clients leave your office smiling. Before they step out your door, they swipe their debit or credit card, hand you a wad of cash or work out their insurance details for payment. All those payments in their various forms make their way into your patient management system [...]
Each month you are likely sent an income statement. An income statement shows you your practice’s revenues, costs and expenses over a predetermined period, so in the case of your monthly income statement it’ll show those over a period of one month. The information presented in an income statement is important because it helps […]
Bookkeeping is one of the many tasks dental clinic owners need to budget for, but that is often easier said than done. When considering bookkeeping services for your clinic the question of how much to pay is important. The truth is, there is no simple answer. Bookkeepers, like many professions, have varied skill sets and […]
Tackle your A/R with proactive planning Accounts receivable (A/R) can be a slippery slope for a dental office, on one hand, you want the value-add to your clients of an assignment office but on the other hand, you don’t want to have thousands of dollars in an A/R balance. A/R balances can occur for […]
If you’re looking for ways to increase efficiency consider simplifying your payments process (accounts payable, accounts receivable, tax remittances etc). Check out this blog post to learn how Plooto helped some of our clients eliminate manual payment processes and significantly reduce their costs! Click Here To Read the Blog Post!
Tracking your mileage for business purposes is tedious. It’s easy to forget to track a trip or to misplace your mileage book. When it comes to tax season, you can be left scrambling to get everything in order.So when Mohamed came across MileIQ, he was excited to share it with the team and with all […]
All too often we come across dental practices who haven’t taken the time to create an annual budget – and usually it’s because they didn’t have the time to go through all the details or because they didn’t know where to start. We’ve seen first hand how a well structured budget can help a dental […]
What to consider before making a decision? Dentist are not required to follow the fee guide – so why would they? The fact is that whether or not you decide to follow the fee guide, it’s likely that it will impact your business at some point in the future. Without doing your due diligence […]
Want to learn the best practices for organizing your bills and statements in Hubdoc? Watch our 4 minute video to learn about the best tips out there.