How to Setup the Multiple Currencies Feature in NetSuite
In todays’ world many companies transact with customers and vendors in other countries. NetSuite is designed to manage this process. The first thing you need to do is activate multiple currencies by going to Setup/Company/Enable Features and go to the International...
Why Your Business Needs to Measure Sales Performance
In today’s highly competitive and rapidly evolving business landscape, measuring sales performance has become more critical than ever before. Regardless of the size or nature of your business, having a clear understanding of how well your sales team is performing is...
Benefits of Financial Agility and How to Achieve It
The current business landscape is characterized by a rapid pace, intense competition, and constant change. This makes it unsuitable for traditional finance and accounting practices that rely on looking back. Instead, modern companies are embracing agile finance, a...
Realistic Ways Your Business Can Take Advantage of Artificial Intelligence (AI)
Artificial intelligence (AI) is a rapidly growing field that’s transforming the way businesses operate. From automating routine tasks to predicting market trends, AI has the potential to revolutionize the way businesses operate. However, many small and medium-sized...
20 KPIs Your Business Needs to Track
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...
Dynamics GP End of Life: Latest News (2023) and Your Options
Microsoft Dynamics GP version 18.5 marks the final release of the software that includes major new features. Following this release, Dynamics GP will only receive routine maintenance, including security and regulatory updates, with no new features being released....
Maximizing Profitability with ERP Software for Jewelry Companies
In today’s competitive business world, jewelry companies need to maximize their profitability to stay ahead of the competition. One way to achieve this is by implementing an enterprise resource planning (ERP) software system. An ERP system can help jewelry companies...
New Features Coming to Acumatica 2023 R1
Acumatica recently announced the latest release of its ERP software, which delivers new features and enhancements to streamline and optimize your business operations. Acumatica is a robust and flexible cloud-based ERP solution that offers end-to-end functionality for...
Financial Visibility: Overcoming 4 Major Challenges
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...
Rackspace Hosted Exchange Incident: Backup Your Cloud Data
On December 2nd, 2022, Rackspace posted an alert on their status page depicting an issue with their hosted exchange environment, which alluded to connectivity issues. End users also took to social media to check if other users were having issues as well. From the...