This would result in an improper action plan which might be counter-productive for the organization’s A/R operations. Let’s say the same company A makes $20,000 worth of credit sales in a month and receives around $16,000 as receivables. This metric reflects the average balance of the accounts receivable line item on your general ledger during […]
It’s also critical for your company to invest in an ecommerce system that provides the best experience for shoppers. In comparison to web design and website maintenance costs, you have immense flexibility with website marketing costs. Your company can invest in the services that offer the most value, like search engine optimization (SEO), creating a […]
Mentally rehearsing what I was going to share with others about my decision to stop drinking eased a lot of anxiety in my early days of socializing sober. There are a lot of stigmas that come with sobriety, and it can be exhausting to navigate the never-ending stream of “why don’t you drink? The fear […]
Drinking in moderation means you’ll likely need to turn down a drink now and again. Planning exactly how you’ll say no—in a quick, polite, and convincing way—can make it easier for you to stick with your convictions and avoid a spiral of uncomfortable excuses. John C. Umhau, MD, MPH, CPE is board-certified in addiction medicine […]
As you dig deeper into the world of ERP systems, you will encounter hundreds of terms and concepts. While you don’t need to familiarize yourself with all of them, there are a few key phrases you need to know so that you can effectively navigate ERP platforms and choose the right option for your business. […]