Accounting

Questions in a school

7 questions agencies should ask their ERP provider

The most crucial step which can decide the success or failure of your  implementation, is choosing the vendor that is right for you. In their search for vendors, many agencies are lead astray by flashy advertising or cannot find the solution they were looking for. Or when they do find the right solution, they cannot fully utilize its potential. Here is a list of essential questions that you should ask the Platform vendor to ensure that they are the chosen ones for your agency....

Financial Systems Building Blocks

Often the simplest and most basic things within an organization are overlooked. It is time to get back to basics. The most basic of outputs from an accounting department is the chart of accounts. The chart of accounts enhances control, flexibility and reporting capacity when used effectively. Unfortunately, many organizations become burdened with an overly detailed chart of accounts, resulting in the inability or delayed ability to perform a timely analysis of data. Or, organizations with multiple subsidiaries or locations utilize different ledger reporting structures, making it challenging to consolidate information for the parent company....