by Derek Lowkewicz | Oct 31, 2021 | ERP Software, Financial Management
The current “supply chain crisis” has spurred a second, less visible crisis in cash flow. If you’ve paid for goods that are sitting in a ship off San Pedro, California for a month, you’ll understand the kind of pain we’re talking about. You can’t convert those goods...
by Derek Lowkewicz | Sep 16, 2021 | Accounting, Financial Management
Cash flow, always critical but never easy to manage, has grown even more challenging in the last year. As COVID has upended supply chains, many of the people responsible for Accounts Payable (AP) are no longer working in the same office. Confusion may prevail as old...
by Lindsay Brown | Aug 11, 2021 | Financial Management
Accounts Receivable (AR) tends to be a perpetual challenge. Some customers will invariably pay late, or never. AR managers can now benefit from advances in AR software, however. These applications may be part of Enterprise Resource Planning (ERP) suites like...
by Lindsay Brown | Jul 16, 2021 | Financial Management
Today’s General Ledger (GL) is a software-based record of accounting transactions. It wasn’t that long ago, however, that it was a paper ledger—the word being derived from late Middle English “legger,” which referred to a large Bible. That’s not an accident. The GL is...
by Lindsay Brown | Jun 17, 2021 | Acumatica, Financial Management
No one expected a pandemic, nor did employees imagine spending up to 100% of their work hours from home. If most of your staff is working remotely or transitioning to a hybrid ecosystem, then how does everyone submit expense reports? Performance business management...
by Lindsay Brown | May 17, 2021 | ERP Software, Financial Management
No one likes homework. Being stuck with a cumbersome legacy ERP or old accounting system at the close of the month can make a grownup feel like an 8th grader who waited to start a big report until the night before it was due. Every month, your departments have the...
