In order for optimizing operations to move forward, finance needs to work with all of the organization. So, as companies move to optimize, everyone should ask is how finance is...
Comprehensive analysis of G&A resources is needed to cut cost and maintain effective management. Aggressive budget reductions without careful evaluation can degrade this essential...
The order-to-cash process is thought of as an accounting process, but it involves most elements of a manufacturing organization. Discover how to improve your business outcomes...
Find out how fixed and variable cost confusion, counting profit as a percentage of sales, over focusing on cost management and product cost, and pursuing return on investment ...
It's essential that financial analyses produce decision-relevant profitability information to improve internal monetary choices. Learn how a quote and margin price calculator ...
Find out what metrics manufacturers should use to gain insights into their performance, drive their stock price, and create long-term financial impact—outside of just routine ...
Traditional financial accounting information is not up to the challenges of an Industry 4.0 world. A focus on acquiring data in real-time opens up a new world of insight and decision...
As digital manufacturing continues to expand, and the associated advanced analytics capabilities, organizations need to align information technology, finance, and manufacturing...
One of the most important parts of manufacturing is budgeting, and ensuring that both manufacturing and finance are on the same page and have all the necessary information is ...
After spending time and effort building a product, it's hard to see when the time has come to drop it. But it you pay attention to the signs shown here, you'll know when the product...
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As data is being produced at an exponential rate, it can be close to impossible for organizations to keep up. Asking the right questions in how to utilize the right data can help...