Inventory management is not half as complicated as some people believe. It’s actually very simple and essential for any businesses that are serious about their finances. Quite simply it’s just about managing you inventory which is basically stock control. This could be anything from a shop storeroom full or clothing to an industrial warehouse full [...]
Posts Tagged ‘fixed assets’
Barcode Software Can Save Your Business Money
Businesses these days have to keep as up to date as possible on their finances. Most business managers will always be aware of how much revenue their department has generated this month. They’ll also be able to tell you down to the penny how much their department claimed in expenses last month too. Very few [...]
A Comprehensive Overview Of Asset Management
Every business needs good asset management. It is the process where all assets whether fixed or liquid are tracked. Tracking means monitoring the assets life cycle from original purchase through to its end disposal. Any costs or finances related to these assets are also tracked from the initial purchase, routine maintenance through to the end [...]
Going Green Can Generate Cash!
In these times of economic downturn, job losses, increased redundancies and budget cuts, companies that achieve reductions in CO2 emissions, improve their energy efficiency and generally shrink their overall carbon footprint will be rewarded through cost savings and financial incentives from government and the EU. Governments around the world remain committed to Carbon Reduction Commitments [...]
How Asset Management Software is Important for Financial Compliance Standards
In today’s globalised marketplace, the business accounting environment is complicated by the international relationships that many companies may have. If you are a US company with a listing on the US stock exchange, a UK or European subsidiary of a US listed company or a UK or European company with no division in the USA, [...]
Are Spreadsheets Sufficient for 21st Century Business?
There are many sound business reasons to use a spreadsheet.Most computer users use spreadsheet software such as Microsoft Excel in the home and office but there are many uses of spreadsheets beyond simple arithmetical and data analysis. The most important features of any spreadsheet are the calculation of figures using arithmetic signs or functions, so [...]
Tracking Your Fixed Assets Could Mean Lower Insurance Costs
Coping with rising insurance premiums has become an increasingly serious issue for business both in the US and worldwide. The economic downturn of the past year or so in particular has brought this situation into sharp relief. Yet often overlooked is the fact that according to recent findings, as much as 70% of businesses are [...]