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How To Improve Supplier Management Through Technology
Managing a high volume of suppliers across various companies has always presented businesses with a host of challenges. There are a lot of risks associated with limited visibility and manual processes vs outside supplier management solutions. A large number of […]
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Are You Facing an Audit? Ease the Pain with a Web-based BPA Solution
The auditors are coming, the auditors are coming! A widespread panic suddenly shoots across the psyche of your entire organization. But guess what? It doesn’t need to. No matter what you do, having auditors come in to ensure your company […]
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4 Reasons You Should Be Using A Digital Document Management Software
In a business environment, paper piles so quickly it can be difficult to keep track of. When it comes to invoicing, payments, and expense management, for example, the amount of paperwork that can accumulate is astounding. For this reason, many […]
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A Quick Guide to Getting Started with Rolling Forecasts
Rolling forecasts are widely regarded as a useful and reliable alternative or addition to traditional budgeting for the modern business world. In a rapidly changing business landscape, static budgets simply aren’t responsive enough to give many companies the flexibility they […]
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How to Choose between Rolling Forecasts and a Static Budget
How do you know if your company is using the best budget and forecast model? Most companies use a traditional, static budget to make predictions about their expected revenue and planned expenses. It’s the tried-and-true method people have relied on […]
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Here’s Why You Need Capital Project Management Software For Your ERP Software
Enterprise Resource Planning (ERP) systems play a key role in managing a company’s internal departments. They’re designed to streamline and integrate a wide range of business processes including accounting, financial reporting, purchasing, and much more. They’re a beneficial system for […]
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5 Critical “Must-Haves” for Your Digital Document Management Partner
Managing massive amounts of paper has been a problem for business owners for years now. Most companies struggle to manage it because they simply can’t create an internal process that allows them to deal with fluctuations in volume as well […]
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Here Are The Ways That Accounts Payable Affects Your Whole Company
It’s easy to think of accounts payable as nothing more than the department where money leaves your company to pay for goods and services. It’s not very glamorous or exciting. On the surface, it might not even seem that important […]
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6 Important Questions To Ask Yourself About Digital Archiving
Any time your employees have to sift through stacks of paper, it can lead to an abundance of problems. Research takes longer, and that means customers have to wait longer for responses. Records can go missing, which may lead to […]
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Here’s Why NextProcess BPMS Is Better Than Excel at Managing Capital Expense Projects
Capital expense (CapEx) projects can be a challenge to handle efficiently. A lot is going on with these sorts of projects, and they typically involve large sums of money. Plus, they’re important for keeping your business running smoothly as your […]
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5 Accounting and Budgeting Tips for Paying off a Business Loan after You Start a New Business
Starting a new business means you’ll have to face many expenses. In most cases, the best option for handling these expenses is to take out a business loan. As your company begins to grow, you must be careful not to […]
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Where Do Errors in Financial Spreadsheets Come from and How Can Your Business Fix the Problem?
Love them or loathe them, spreadsheets have become an essential part of corporate life. Companies use them for tons of different purposes. In some companies, they’re tracking just about everything on a spreadsheet somehow. For better or worse, Excel has […]
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