The trends in the economy suggest that the world is heading into an environment of higher inflation that perhaps has not been seen in this century. Recent economic data shows inflation running at 5+% percent.
Accounts Receivable is perhaps one of the most important financial processes in any business. In a world driven by credit, purchase orders, and non-cash transactions it is a primary capability a finance organization needs to manage well to ensure the success of the business.
Costing is an area of many businesses that plays a major role in how profitable the business is.
In every organization there is typically a set of financial functions that sees to the key financial aspects of the business. One of these is the Accounts Payable function.
The concept of “As A Service” has become quite pervasive in recent years. There is literally about anything you can imagine being offered “As A Service”.
As everyday users of technology many of us have become inured to how pervasive our use of technology is. It is rare today to see someone walking and not looking at their phone at the same time.
In the current business climate organizations and customers have come to expect a great deal of information about the products they are buying.
The reality of any IT system, whether it be an ERP (Enterprise Resource Planning) system or something else, is that the data the system captures, stores, aggregates and manages is more valuable than the software.
In the current business climate, with organizations choosing to halt business investments or at best defer any decisions, sales have become more difficult to obtain and an ever increasingly important priority for businesses.
If there is one trend common to businesses over the past one hundred plus years, it has been the acceleration in the pace of business. I remember a time in the not too distant past when an organization’s annual results were greatly anticipated.
This site tracks visits anonymously. Click the link to know more about our Privacy Policy.
