Clear, concise and regular reporting of financial information to all the internal stakeholders of your business is a vital, yet often overlooked, component of long-term business success. These internal stakeholders can include your management team and board of...
“You can’t manage what you can’t measure.” We have heard it again and again. This phrase seems to be the creed of the business world. There is something about assigning a number and correlating that with meaning to prove we are being successful. Just like...
Key performance indicators (KPIs) help measure the effectiveness of accounting within your organization. By tracking KPIs, you can better understand the condition, sustainability, and trends within your accounting department and keep a close handle on your business’...
This article is a guest post, written by Unleashed Software. Unleashed’s online inventory software helps businesses better manage their inventory. Effective and efficient inventory management is crucial to the profitable running of any inventory-based business,...