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Accrual vs. Cash Basis Accounting

When it comes to accounting models for your small business, you have two basic options: cash basis and accrual accounting. At their core, these accounting models represent two fundamentally different ways to think about revenue and expenses at your business.

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Are You Taking Full Advantage of Your Business Software?

One of the most important concepts in the business world is return on investment (ROI), and that concept can be applied to business software as well. In short, there are costs and benefits to any business software package, and it’s up to the organization to prove that the benefits far outweigh the negatives over the long term.

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Five Big Reasons for Inventory Management Automation

Too many organizations are put off by what they perceive as the cost, complexity and time of implementing a new solution to automate their inventory management. But fear not—there are actually five big reasons why inventory management automation should be a part of every organization.

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Why Employees Complain About Implementing New Business Software

For many employees in an organization, the decision by upper management to implement new business management software often comes with trepidation. Instead of seeing this move as a positive signal that the organization is experiencing a new wave of growth, they see it as a rude awakening from a status quo in which everything seemed to run smoothly enough.

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