Month: March 2017
Inability to Practice Responsible and Resource Effective Financial Management
Inability to practice and demonstrate responsible financial management Challenges Difficult to ensure prudent and effective budget utilization. Ensuring operation within budget. Running over budget or exceeding appropriations and consequences. Tracking of budget status and any changes to it….
Read More »Late and Inaccurate Payments
Transactions are being entered manually in each company. Inter-company transactions are being re-keyed into multiple company databases, and there are errors. Transactions do not get recorded in all companies. They get recorded incorrectly, resulting in difficulty reconciling the…
Read More »Difficulty Sharing Financial Information (Internally and Externally)
You currently are not able to create reports with presentation quality, or the way you are doing that is inefficient. You either have to go to IT, which is time-consuming, or re-key data into another application, which must…
Read More »Time and Cost to Manage and Reconcile Invoices and Payments
You spend a lot of time managing low dollar invoices. Unknown what % of your transactions are under $2,500. Unknown what % is that of your total dollars spent. For those small purchases. Unknown time spent on Invoicing….
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