Cash ManagementThe business world is continually evolving, but one thing remains constant: cash is still king. As a result, it’s critical to have a system that allows you to easily and accurately manage and monitor your cash as it comes in and as it goes out.An integrated ERP system makes it simple to monitor these […]
Tax ConcernsRegardless of what type of business you’re in, one thing is certain – you’re going to pay taxes. And if you’re going to pay taxes, it’s important to be able to track and report them so your payments are accurate, not only at the state and federal levels in the U.S., but also in […]
Financial BudgetsBudgeting. It’s either the best or worst thing you’ll do all year depending on the “system” you use. Successful companies know they must go through the planning, budgeting and forecasting process in anticipation of the coming year and to align the budget with the strategic plan.There are three critical components of a strategic plan:Plan […]
Multiple Currency Functionality
Many companies with global operations or with vendors and customers outside the U.S. become understandably frustrated by the complexities brought on by the need to work in multiple currencies.The good news is that a robust ERP solution can easily handle different currencies, freeing up your finance and accounting team to make strategic decisions with the […]
SimplicityMulti-Entity/Subsidiary Accounting: Standardization Across Separate Legal Entities & Intercompany TransactionsDoing business globally is an exciting, but increasingly complex process. Multinational companies need the capability to streamline their multi-subsidiary operations and real-time visibility at the local, regional and corporate levels. Sound impossible? It isn’t. Not if you have ...
Timely and Accurate Data and Reports
Timely and Accurate Data and ReportsIf you could design the perfect reporting system for your business, what would it look like? Would your wish list include real-time information, a 360-view and the ability to personalize the data included based on the information you need, when you need it?If you’re not running an integrated software system, […]