It can take a company up to 6 weeks to close the books at the end of their fiscal year. With these tips, you can cut that time in less than half.
How to Close the Books Faster So You Can Enjoy the Holidays
Where do you rank on the ERP Pain-O-Meter? – CIO.com
The experiences as an ERP (Enterprise Resource Planning) software user and as an ERP software vendor have led to the formation of the ERP Pain-O-Meter. About 25 years ago, I ran my own manufacturing business and personally experienced significant ERP pain. The business struggled to get reliable data out of the ERP system to make …
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Debunking the Biggest Misconception of Go Live Timing
It is the first day of your new fiscal year. Your stomach starts to churn thinking of all the work you must do to get the books closed for the year. As though that isn’t enough stress, add in all the reporting that needs to be completed for the owners, banks, and the pesky auditors. …
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Why Get SQF Certified?
… And how to get it done! Walking through a grocery store, I’m impressed by the number of people that invest time to read the packaging of food or drinks before they’re added to the shopping cart. They’re studying the ingredients, certifications, and nutritional facts to determine if that particular item is a safe and …
Reducing Month-End Closing Times and Headaches
The dreaded month-end closing does not have to be so frightening for manufacturing and distribution companies. Here are some tips to make it more efficient.
Maximizing Profitability: Understanding Purchasing and Production Variances
Revenue, profit, and margin topics are heavily analyzed and frequently scrutinized in all manufacturing organizations. Sales analysis is an age-old concept in business and one that is increasing in focus as manufacturers gain greater exposure to advanced ERP and Business Intelligence software. Big data analytics has become all the rage, and what better data to …
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Improve Visibility to Sales Margins
Most companies need to report on their business in different ways, depending on the audience of the report. Sales is no exception. However, time is of the essence, so reporting on this information needs to be quick and accurate. The ability to drill down into greater detail provides a lot of value by allowing decision …
