By Glenn Saunders As an executive, business owner or line of business director it is important to understand the critical metrics by which you should run the business. A deep understanding of those numbers, measures or factors can lead to dramatic performance improvement. That includes understanding the lower level components that drive those numbers. For[…]
By Glenn Saunders – Budgeting and forecasting can be an arduous, tedious and stressful process for many finance and accounting practitioners. An annual budget can contain thousands of lines of detail from various departments that must be aggregated, validated, analyzed and ultimately presented for approval. Forecasting can be equally difficult when a company does have[…]
Implementing a software package, whether it’s for accounting, inventory management, manufacturing resource planning or any business area, is always a challenge for even the best organizations. The result of a software implementation should not just be new technology, but must also be better processes, improved efficiencies and a reduction of business risk. However, the prospect of an implementation itself is risky.