Helpful Information

FINANCIAL CLOSE

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MORE THAN JUST TIME MANAGEMENT

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PRODUCTIVITY

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STRATEGIC AND OPERATING PLANS


PLAN EXECUTION

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CREDIT AND COLLECTIONS

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LOGISTICS / WAREHOUSE COST REDUCTION

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BENEFITS

Productivity / Efficiency Improvements Through Computer Systems


The goal of every company should be to invest in systems improvements that will provide benefits/payback through increased transaction accuracy and better efficiencies with more work being accomplished by the same or fewer employees.


Electronic exchange of sales orders, pick tickets, advanced shipping notices (ASNs), order acknowledgements, invoices, purchase orders and bills is not only smart for a high volume of transactions, but mandatory for some trading partners. The available technology and accounting software interface options have facilitated electronic transfer implementation at a reasonable price. Whether it's utilizing old fashioned EDI (Electronic Data Interchange) where data is transferred, by agreed message standards, from one computer system to another or using new web services technology that communicates over HTTP (Hypertext Transfer Protocol) used on the web, companies can take advantage of the efficiency and accuracy of computers.


By integrating computer systems with customers, warehouses, and vendors, companies are able to dramatically increase productivity, reduce processing time, and reduce errors caused by manual input. Employee jobs switch from monotonous data entry to management and review of an automated system. Error alerts and reporting should be implemented so that employees are able to manage by exception