We all want better business cash flow and we want it yesterday. You can’t plan for emergencies, geopolitics, or sudden problems that you have no control over. But you can mitigate risks of business cash flow problems by having the right tools at your side. Business cash flow planning can get you out of a jam and save your company. Take a look at our ultimate guide to business cash flow planning highlighting.
Operational reporting is an effective, results-driven means of tracking, measuring, and analyzing your business’s regular deliverables and metrics. These dynamic reports offer invaluable insights into various logistical aspects relating to your organization’s activities across the board. They’ll help you make swift, informed decisions, save time and money, spot emerging trends and formulate initiatives that will improve the day-to-day operations of your business.
Data discovery, also known as data analysis for business users, is one of the top business intelligence trends for 2022. Let’s take a look at how industries like yours are making use of data analytics tools to find patterns and derive insights from data. You just might be surprised at the innovation spanning each sector.
Tax teams are taking on an increasingly strategic role within today’s businesses. However, given the rapid pace of change, many executives are still unaware of the untapped strategic potential within these teams. Watch Now: Tax reporting in a changing world Some organizational leaders may still view the tax department as a group of technicians – specialists responsible for tracking changes in the law, calculating tax liability, and filing the necessary paperwork.
The digitalization of tax and operational transfer pricing processes can have a huge impact on a multinational company’s ability to efficiently forecast and report its tax liability.
Fast and clean. These two words define the ideal financial close process. This standard is held up as a measure of a finance or accounting department’s effectiveness. Companies are expected to get the financial close process done within a standard business week. This demonstrates competence, resource efficiency, and good management. An efficient financial consolidation and close process does two vital things.
COVID-19 introduced an unprecedented level of volatility in world markets, and the shockwaves that arrived in its wake exposed a wide chasm between two main types of multinational organizations: Those with agile internal processes and those without. In a world built on complex and globalized supply chains, COVID-19 tested that internal agility, sometimes to breaking point.
Cloud migration is a daunting prospect, especially considering the expense of installation, training and embedded new processes. But the benefits of enhanced functionality, the power of the cloud, and increased ROI are reason enough for organizations across the world to convert every day. Cloud enterprise resource planning (ERP) software is ideal for a variety of applications, including managing multiple departments and CRM integration.