After a company has established its credit policies it will need to implement KPIs and visualizations to monitor its accounts receivable situation. Through charts the company can gain insights such…
Accounts receivable is one of the most sensitive topics in a business. If the company has credit policies that are too flexible it will increase the number of customers and…
Having a strong cash management gives way to many benefits. If the company has done its job right it should be able to identify its sources of inflows and its…
As the operations of a business become more stable, evaluating projects to improve present conditions or to start new endeavors that will bring more income becomes a vital activity to…
I was recently analyzing a friend’s business and asked him to list three pain points in his operations. One of them will be the topic of today, profitability. His dilemma…
Business Intelligence Depending on the size of the company and the complexity of the operations the budget reporting may vary from simply adding a column that illustrates if the variance…
You’ve probably heard the word “budget” around, as a restrictive measure so that people in governments or corporations don’t spend more than they should. But budgeting is not just about…