An easy way to begin with tracking your business finances is to get to know the 3 basic financial reports that can help you to evaluate your business’ financial health.
Business owners and managers are faced with countless decisions every day. There are various questions they have to answer like Where did my Profit go? What’s driving sales? What’s my staff productivity like? How is my business tracking compared to others in the industry? All information they need are provided by management accounting. Managerial accounting […]
In fact ERP projects often fail when actually implementing. Here are top 9 common ERP Implementation Mistakes and suggestions to avoid potentially costly errors.
What is Business Intelligence? Business intelligence (BI) is the process of turning raw data into meaningful insights about your business performance to make better, more data-driven decisions. BI solutions include the tools, technologies, and practices that are used to collect, analyze, and organize your data to give you a comprehensive view of your organization, and […]
In the digital world, technology has become an indispensable part of the companies’ development. It is the reason why IT Outsourcing is gradually popular with a wide range of SMEs. Some technology tasks are so important that they should be outsource and managed by IT professionals. IT Outsourcing is a cost-effective option that provides the […]