Trend analysis is a technique used to predict future events or trends based on analysis of historical data. Most articles on this topic focus on spot patterns in investments or stock markets, but few address this technique’s use to promote sustainable business...
To make informed financial decisions you need accurate financial reporting. From all the processes involved in generating financial information, account reconciliation stands out as the one ensuring the integrity of financial records. In this article, I explore how...
Business success is not simply a matter of chance but a result of deliberate and well-executed strategies. Strategic planning and budgeting serve as the guiding lights for organizations, offering a roadmap to navigate challenges, seize opportunities, and achieve...
In a recent article, I explained why successful manufacturers in their country fail when trying to expand into the US. One significant reason for this failure is the lack of understanding of the unique dynamics of the distribution industry, supply chain pricing...
Efficient management of accounts receivable is crucial for the success of any business, and most companies prefer handling them with their own resources. However, the accounts receivable management of big retailers and corporate accounts is so intricate that many...
Key Performance Indicators (KPIs) play a crucial role in assessing the effectiveness and efficiency of various processes within a manufacturing facility. Manufacturers obtain valuable insight to optimize their operations, enhance productivity, and deliver high-quality...
