9 min read
Open Invoice: Everything You Need to Know
As a business owner, an accountant, an employee of the finance department, or even a salesperson negotiating the contracts, you will eventually come across the term “open invoice.” This is true whether you are part of the buying company or the vendor.
11 min read
Top 5 KPIs for Purchasing Managers
Purchasing manager job responsibilities can vary greatly depending on the company. With some simple metrics, you can assess how well they are managing purchasing processes.
12 min read
Month-End Close Tips and Checklist: For Newbies to Experienced Closers
Would you say that your company did better last month than the one before? Do you have a plan for improving next month? To understand if they’re making progress with long-term goals, finance teams undergo regular month-end closes.
13 min read
Track the Supply Chain Metrics that Really Matter
Would you say that you have a good understanding of your company’s supply chain strengths and weaknesses? How spot-on are your plans and estimates for the supply chain cycle?
9 min read
The Importance of Visibility In the Supply Chain
Over the last few years, companies from all industries have seen true turbulence. With unexpected disruptions caused by increasingly frequent natural disasters, the COVID-19 pandemic, and the Russian war against Ukraine, supply chain visibility has become a new "must-have" for businesses.
9 min read
How To Overcome The Current Supply Chain Disruptions As A Manufacturer
As a manufacturer, your factory floor may be where your products come to life. Yet the goings-on in your factory can mask the critical role external actors play when asking for the inputs you need to confirm product delivery to the end user.
13 min read
Stay on Top of Business Finances with Budgeting and Budgetary Control
No matter the size or the market, controlling spending is a top priority for any business. Organizations have to maintain control over budgeted costs and actual spending to ensure stable growth and sustainable development.
14 min read
What Is Spend Management and Why Is It Important?
To earn money, a business needs to spend money first. Raw materials, maintenance services, and qualified employees are just a few on the long list of typical company expenditures.
