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Cash Management 101
Cash management is an essential business process all organizations must perform to survive. Though cash management uses automation for much of the “grunt” work,

aged receivables  following: open sales orders, aged analysis, open and closed purchase orders, shipping reports, inventory evaluations, fixed assets, and general ledger statements. Bring this information together with other financial information to the ubiquitous spreadsheet program. Produce a cash-flow analysis schedule. Look at all areas of your business practices and get a good feel for where to make improvements. Go after areas that will yield the most results from being improved. Find out how much businesses similar Read More...
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Documents related to » aged receivables

Creating Competitive Advantage in Growing and Mid-sized Businesses with Business Intelligence
Business intelligence (BI) is not only an imperative for big companies. Growing and midsized organizations also require visibility into all aspects of the

aged receivables  example, leads to the aged, out-of-date information that leads to faulty decisions. Data warehousing, as another example, replicates business data on separate databases, and by definition is not real-time. Business intelligence, to be useful, stems from data derived from the integration of all key business processes. Your business has many interconnected facets: accounting, sales, manufacturing, warehousing, purchasing, bill collecting, management of your staff, your customers, your suppliers, and your Read More...
Enterprise Application Alternatives: What You Should Be Asking Oracle and SAP
Despite challenges, both SAP and Oracle will be formidable forces in the hosting space, because of their intimate application knowledge, their infrastructure

aged receivables  most of the organization's aged legacy infrastructure. Those that lack resources for the rapid implementation of a distinct project that possibly does not require complex integration with existing applications, such as HR/payroll administration, e-mail, etc. Look for the following characteristics amongst the hosting vendor/ASP candidate providers: Amenability to reasonable customization and interfacing to legacy systems Service-oriented architectures (SOA), Internet-based architecture, and standards-based Read More...
Design to Delivery: Project Delivery Management System
In today’s demanding project delivery environment, meeting contract deadlines is paramount. Companies are under pressure to rapidly establish plans, isolate

aged receivables  to Delivery: Project Delivery Management System The ProjectFit™ Project Delivery Management System (PDMS) gives Project Managers the ability to structure projects into manageable sized packages across many different cost centres and budgets. Source : DynamicFit Business Solutions Resources Related to Design to Delivery: Project Delivery Management System : Project delivery method (Wikipedia) Design to Delivery: Project Delivery Management System Delivery Management is also known as : Project Del Read More...
Cost-justifying Warehouse Management Technologies in Small and Midsized Warehouses
The warehouse management system (WMS) concept has matured into a collection of time-tested technologies that reduce inventory costs and increase overall

aged receivables  a warehouse that is managed by Sage Accpac WMS means never having to look for missing stock or walking around the warehouse to fulfill customer orders. Whether you are picking items that expire in the next seven months or picking items with pre-allocated serial/lot numbers, Sage Accpac WMS guides staff through the warehouse in the most efficient way. Furthermore, Sage Accpac WMS offers the ability to maximize the productivity of a company's warehouse staff. By maintaining detailed information on the Read More...
Breathing Open Air at NetSuite
It has been almost two years since NetSuite Inc. (NYSE: N) went public and my analysis of that blockbuster initial public offering (IPO) event. Needless to

aged receivables  this product ] has leveraged the parent company's global infrastructure, and the PSA provider expanded to  Europe, the Middle East, and Africa [EMEA]  and Asia in early 2009. In April 2009, NetSuite launched its  SuiteCloud platform  as a second core business in addition to OneWorld. While there are many similarities between NetSuite’s SuiteCloud platform and  Salesforce.com’s equivalent Force.com platform  (as well as between NetSuite’s  SuiteApp marketplace  and Salesforce.com’s Read More...
Know Thy Market Segment's Price Response
Since no variable can influence margins as much as pricing, almost all companies need to approach the management of selling prices, discretionary discounts, and

aged receivables  Thy Market Segment's Price Response Our analysis from early 2006 (please see The Case for Pricing Management and The Rise of Price Management ) brings us to the conclusion that almost all companies need to approach the management and optimization of their offerings' (products or services) selling prices, discounting, and potential price increases with the same firmness they use to manage all manufacturing and procurement related costs. Indeed, most companies have thus far done almost everything in Read More...
Will 2005 Validate Global Trade Management and Unify Financial and Physical Supply Chains?
The Internet opened the door for global trade. As the global trade management (GTM) space continues consolidating, market leadership belongs to companies that

aged receivables  strategic tasks cannot be managed on a global scale when key data is inconsistent and is not easily shared. Goods, in every step from raw material until delivery, might run logistics costs close to half of the total cost, and accounting can hardly assign these to the individual items. An example is a company that had seemingly, based solely on the unit price, saved dozens of million by expanding its global supplier base only to subsequently realize it had increased total logistics costs by twice the Read More...
Offshore Outsourcing: Is There a Method to the Madness? Planning for Offshore Outsourcing
Organizations considering the offshore outsourcing of processes should seriously consider adopting a proven methodology before implementation. This will

aged receivables  Outsourcing: Is There a Method to the Madness? Planning for Offshore Outsourcing Introduction Regardless of whether you are a general manager with profit-and-loss responsibility, or are in a managing function, such as finance or information technology, the maturing of offshore outsourcing will impact you because it changes the way organizations structure, operate, compete, and deploy resources. Consequently, several organizations have stumbled while experimenting with offshore and outsourcing in Read More...
Understanding SOA, Web Services, BPM, BPEL, and More Part One: SOA, Web Services, and BPM
In the larger schema of things, SOA would espouse general, more abstract concepts of software reusability and encapsulation within certain boundaries (as to

aged receivables  While they leverage the aged concept of objects' reusability, they may finally offer that extra mile by adherence to standards that are taking hold. Further, they tend to be simpler in their nature, partly owing to the above adopted collaborative Internet standards, and they also tend to be higher-level abstractions (e.g., if an object is a purchase order, a Web service would be the process of closing a purchase order), which implies more likely platform independence and mixing and matching opportunity Read More...
What's Wrong With Enterprise Applications, And What Are Vendors Doing About It? Part Two: A New Framework Strategy
Building replacement products on a new framework is a higher risk strategy. The product functionality still quite matters and, while it is important for

aged receivables  Web services leverage the aged concept of objects' reusability, they may finally offer that extra mile by adherence to standards that are taking hold (see The SOAP Opera Progresses - Helping XML to Rule the World ). Further, they tend to be simpler in nature, partly owing to the collaborative Internet standards. They also tend to be higher-level abstractions, which implies more likely platform independence and the opportunity for mixing and matching by developers. Furthermore, the strategy will help the Read More...
Beware of CRM Innovation for Innovation’s Sake
When I first wrote about the upcoming TEC CRM Buyer’s Guide focusing on innovation, I stated that customer relationship management (CRM) vendors can

aged receivables  is not stored and managed based on business logic and best practices that make it easier to retrieve and analyze. To avoid falling into the trap of acquiring new technology with old business logic, test it before you buy, and focus on the operations that you perform on a regular basis in your company. Sometimes the new interface is just another way to make the solutions look better, which may make it more user friendly and accessible, but may not help with important business processes and workflows. 2. Read More...
Oracle Further Orchestrates Its SOA Forays Part Four: SOA and Web Services
The battle for the dominance in service-oriented architecture (SOA) and Web services has nonetheless so far largely been a war of words without the clear winner

aged receivables  ago. While leveraging the aged concept of objects' reusability, vendors may finally offer that extra mile by adhering to the standards that are taking hold in Web services. Support for standards will be the difference between the less successful common object request broker architecture (CORBA), which was designed to enable pieces of programs (objects) to communicate regardless of the language or platform they were in, and Web services. Additionally, Web services can wrap around virtually any type of Read More...
PeopleSoft Building Muscles To Overcome The Rough Patch Part 1
The year 2001, which was an exceptional year of financial performance for PeopleSoft, including record total revenue, record profit, and more than $500 million

aged receivables  Building Muscles To Overcome The Rough Patch Part 1 PeopleSoft Building Muscles To Overcome The Rough Patch P.J. Jakovljevic - June 19. 2002 Event Summary At the beginning of 2001, PeopleSoft Inc . (NASDAQ: PSFT), one of the largest enterprise applications providers, ebulliently indicated its continued interest in rounding out its product portfolio through favorably priced acquisitions. Instead, the company recently unveiled a number of new products developed either internally or via alliances. Read More...
Grape Escape 2010: Of Cloud & Angels, Fun & Games, and “In Vino Veritas” - Part 4
Part 1 of this blog series talked about the historical background of the JRocket Marketing Grape Escape(TM) event. Grape Escape has become a June fixture over

aged receivables  or have a fight: Tragedy tomorrow, comedy tonight! Before reading the excerpts from the vendor-related songs below, let me just acknowledge that this series talked only about “feel good” positive news from these vendors, as one would expect from such an event. Certainly, every company has challenges and issues, and these will be analyzed in forthcoming research articles (“Tragedy tomorrow, comedy tonight!”). FinancialForce.com (Song theme: Surfin’ USA by Beach Boys ) FinancialForce is on fire, w Read More...

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