December 16, 2020

Understanding the Importance of Accounting Information Systems

Accounting has come far from manual ledgers and written records. Today, there are several excellent accounting systems that you can use for your business, big or small. If you are […]
November 17, 2020
laptops with writing hands on table

Understanding the Difference Between ERP and Accounting Software

Both small companies and large conglomerates are thriving equally thanks to today’s technology in the digital era. Few still rely exclusively on pen-and-paper processes, and most have taken the initiative […]
August 20, 2020
eyeglass with pen, notebook and laptop

How Using ERPs Can Improve Your Company’s Accounting and Financial Management

Enterprise resource planning, or ERP, can be a real lifesaver when having your own company. For one, it makes a business much more efficient and profitable than it would be […]
January 8, 2020
papers with pen on the top

7 Bookkeeping Tips to Help Improve Your Business’s Financial Records

According to the Small Business Administration in US, almost half of newly-established companies fail within their first five years due to poor financial management. While it’s a no-brainer that companies […]
December 18, 2019
hand typing on a laptop

What Is an Integrated Accounting System and How Can It Help Your Company?

In simple terms, an integrated accounting system is a software package that consolidates several major financial accounting processes. Whereas businesses were once dependent on keeping separate books and files for […]
December 4, 2019
Girl writing on clipboard

How Materials Requirement Planning Can Help Improve Your Inventory Management Process

Materials requirement planning, or MRP for short, is the term for a computerized system that helps businesses manage the inventory control, production schedule, and purchasing schedule of manufactured products. Previously, […]
November 13, 2019
Cost

Understanding the Concept of Cost Modeling in Your Procurement Process

Cost modeling is a key purchasing strategy that helps companies understand what factors determine the cost of their products. Even if this is the first time you’ve heard of the […]