Month: October 2017

You manually update general ledger accounts with payroll information. You may be using some type of export from one system and import in to your financial system. Unknown who does that. It takes much time. Unknown cost associated…

You have high carrying costs. Inventory is inaccurate. Do you order items already in stock? Uncertain how to determine what you purchase. You often do a physical cycle count. You have to shut down the warehouse. It costs….

Not all employees expense transactions are manually entered. Additional time is needed to enter the data and create expense reports. There are data entry errors. Transactions could be missed. It is difficult to accurately manage the expenses. There…

What could be the reasons for why cash flow is down? Are the company’s projects under-billed? Is there a record updated of current projects whose payments are due? Is the company’s revenue timely and appropriately revised? Are the…

Business Operates Inefficiently and with High Overhead and Operating Costs Are the time cards, expense records and requisitions systems maintained and updated timely and accurately? Do the personnel require excessive paper shuffling? Is valuable time of company’s employees…

It is difficult to manage spare parts and to know where they are located. They are often unaccounted for. You manage truck stock inventory. It is difficult to track parts, labor and expense detail. It is done manually….

You have too much inventory. It is both, too much finished goods inventory and raw materials. There are no inventory turns. Do not know what they should be. Do not know the average on hand inventory value. Do…

You must manually create invoices. It takes time. It delays billing. Errors are made often. There is a process to correct them. It delays payment. Uncertain how much. Customers require a different level of detail on their invoices….

It is difficult to see cash position and cash flow. Uncertain how you will do today. There’s no drill down capabilities. You need to add up current and projected financials manually. It takes long. Accuracy is uncertain. It…