by Derek Nachimow | Mar 23, 2023 | Accounting/Finance
Quantifiable metrics—known as key performance indicators (KPIs)—are utilized to track and evaluate an organization’s progress toward its strategic objectives. These KPIs are not merely figures; rather, they convey the story of a company’s performance. For any business...
by Linda Hefty | Feb 28, 2023 | Accounting/Finance, NetSuite
Financial visibility is the ability to see into the financial health of your business and make informed decisions based on that information. It’s a critical aspect of financial management, but many businesses struggle to achieve it. Keeping this in mind, we’ve...
by Linda Hefty | Jan 30, 2023 | Accounting/Finance
The financial close process is a critical stage in the accounting cycle and requires the completion of several tasks to ensure accurate financial statements. A financial close process checklist helps in tracking the completion of various activities and ensures that no...
by Linda Hefty | Jan 3, 2023 | Accounting/Finance
When you sell to customers on credit, you’re participating in a common and important customer service approach that can ultimately increase your company’s revenue potential beyond cash sales. However, this potential also bears certain burdens; now you must manage and...
by Linda Hefty | Dec 6, 2022 | Accounting/Finance, NetSuite
Year-end close can be a pretty daunting process; you have 12 months’ worth of financials to review, organize, analyze, and report on. While it may not seem like the most desirable process, year-end close is a vital part of ensuring your business’s activities are...
by Maria Hammadi | Nov 28, 2022 | Accounting/Finance
Although accounting software has been around for many, many years, many accounts payable (AP) operations still heavily rely on manual processes. Often, accounting staff is forced to manually enter vendor bills into outdated systems and generate check runs and mail...
