How the CFO defines their role in Technology Decision Making

How the CFO defines their role in Technology Decision Making

Historically, a CFO focuses on compliance, reporting, cash flow management, budgeting, and similar internal aspects of the organization. However, with technology impacting more business functions, CFO roles and responsibilities are changing too. A CFO has to play an essential role in technological decisions, as they impact the business’ bottom line. The CFO is no longer […]
The Top 5 Accounting Challenges of International Expansion

The Top 5 Accounting Challenges of International Expansion

Businesses expand globally to increase their revenues and profits. Digital transformations, necessary to keep pace with rapidly changing business environments, enable companies to successfully navigate their global expansion. However, international growth is a big step for any business, large or small, and it comes with its fair share of challenges. These challenges must be addressed […]
Workflow instead of scripting

Workflow instead of scripting

What is Workflow? Workflow is the SuiteCloud functionality provided by NetSuite. It helps automate business processes associated with all the record types available in NetSuite. This is done without writing a single line of code. Workflow is a UI based functionality, which utilizes simple point-and-click capability for tweaking and customizing business processes. It helps to […]
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. […]
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 […]