In fast-paced services industries, savvy CFOs are tracking numerous key metrics like net income, current ratios, working capital, cash balance, DSO, gross margins, and more. But the one metric that matter more than any other for long-term growth for professional services firms: project profitability. The nature of the “project” can range from a technology implementation…
In today’s fast-paced business world, networking events have become a cornerstone for companies looking to expand their reach, build relationships, and stay competitive. Attending these events can provide significant benefits that contribute to both personal and business growth. Let’s explore why networking events are vital for business growth. Building Valuable Connections One of the primary…
As a finance leader of a healthcare organization, you know that moving to a new accounting system is a big undertaking, and you may choose a new vendor only once or twice in your career. If you are considering a move to a new accounting system now or in the future, make sure you select…
As a finance leader of a healthcare organization, you know that moving to a new accounting system is a big undertaking, and you may choose a new vendor only once or twice in your career. If you are considering a move to a new accounting system now or in the future, make sure you select…
Effective management of accounts payable (AP) is vital for any business seeking to maintain a healthy cash flow and operational efficiency. Accounts payable is more than just paying bills; it’s about managing your company’s cash flow, supplier relationships, and overall financial health. Poorly managed AP processes can lead to late payments, missed discounts, strained supplier…
Sharing your screen during a Microsoft Teams meeting is a great way to present information, demonstrate software, or collaborate with your team. Here’s a step-by-step guide to help you do it effortlessly. Step 1: Join or Start a Meeting Open Microsoft Teams: Launch the Teams app on your computer or mobile device. Join a Meeting:…
As technology continues to evolve, businesses must stay up-to-date with the latest software to remain competitive and efficient. Microsoft Navision, once a popular enterprise resource planning (ERP) solution, has reach the end of its support. This significant change means that businesses using Navision will no longer receive updates, security patches, or technical assistance from Microsoft….
Sage 300 empowers users with customization capabilities to tailor the software to their specific needs. Among its array of customization features lies a gem – the Customization Directory. At its core, the Customization Directory is a designated repository within Sage 300 where customized items are housed. These items typically include modified versions of standard reports…
For nonprofit organizations, navigating the financial landscape requires a complex understanding of the unique challenges these entities face. Unlike their for-profit counterparts, nonprofits must tackle complex issues such as donor management, ensuring transparency and accountability, orchestrating fundraising efforts, and navigating the intricate world of grant management, all within the confines of stringent budget constraints. Sage…