Customizable Accounting Software Many accounting software programs are available online today. While general software offers certain benefits, it does not consider the needs of individual businesses, which can vary considerably….
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Many small businesses fail to expand or stay afloat because they don’t recognize pitfalls. Knowing these five business expansion mistakes can help growing companies avoid oversights and miscalculations. The time…
The Power of AI for Inventory Management The novelist Edna Ferber once said, “Perhaps too much of everything is as bad as too little.” While she didn’t probably intend it,...
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AccountingSuite Extends Functionality of Award-Winning Solution to Better Fit the Needs of Complex Organizations Customization Functionality AccountingSuite™ announced the functionality to customize the cloud accounting software by user through new…
Online Inventory For as long as businesses have been selling goods, they’ve needed to track their inventory. While inventory management is as important in 2020 as it was in 1820,…
Why Inventory Management Matters Inventory is the lifeblood of any products-based business. It’s the top capital expense, the vehicle for profits, and the very reason customers interact with a company…
Proactive Inventory Planning The most basic function of inventory management is being able to accurately track goods on hand. In a multi-channel retailing environment, that task alone can be daunting….
According to an oft-cited U.S. Bank study, a whopping 82 percent of small businesses that fail have cash flow management issues. If you work in the retail or wholesale space, those cash flow management issues almost always involve problems with inventory.
With more ways than ever before to sell goods online, eCommerce is a make-or-break concern for many businesses. According to the US Department of Commerce, the percentage of sales that occur online has risen from less than 4 percent to more than 9 percent over the past 10 years. That number is only poised to go up.
One of the most difficult aspects of starting out in the retail industry and growing into a profitable business is maintaining clear and concise access to their most vital data. As much as we’d love to be, not every businessperson is hyper-organized, flush with time, and a master multi-tasker.
