3 tips for successful Accounts Payable Management

3 tips for successful Accounts Payable Management

Accounts Payable management is a Treasury process that actually originates in the Purchasing department. AP management includes everything from selecting the best supplier to managing credit terms. A successful AP management system allows the company to have surplus funds and enables it to undertake short-term to long-term investments. This helps the company earn interest income. […]
Financial Management System

Financial Management System

Today’s finance departments are expected to deliver more in a shorter time period. Therefore, more robust Financial Management Systems have become an indispensable part of all companies. A Financial Management Systems software that is used by an organization to manage the flow of money, to make decisions based on accurate financial statements and reporting, to […]
What is ERP (Enterprise Resource Planning)?

What is ERP (Enterprise Resource Planning)?

Enterprise resource planning is the management of day-to-day business activities such as Accounting, Procurement, Manufacturing, Project Management, Supply Chain Management and other functional areas of an organization. An ERP system is a unified platform for tracking all business operations which provides data integrity as a single source of truth. Without an ERP system, data is […]