Companies that are still using spreadsheets or outdated spend management systems may be overlooking the benefits of automated procurement software. Some cost control initiatives, such as employee training or new procurement software, require an upfront investment. Solutions that can save…
The non-cash working capital as apercent of revenues can be used, in conjunction with expected revenue changeseach period, to estimate projected changes in non-cash working capital overtime. You can obtain the non-cash working capital as a percent of revenues bylooking…
Additionally, I examine the way mental and physical health as well as our relationships with others impact the reasons people drink and their role in maintaining sobriety long-term. Drinking a small glass of wine every night with dinner will not…
A generous car dealership gives you a vehicle for free, but that doesn’t mean it wasn’t a transaction! You’ll need to record the car as an in-kind donation from the dealership, noting even details about the model and make of…
The best contribution margin is 100%, so the closer the contribution margin is to 100%, the better. The higher the number, the better a company is at covering its overhead costs with money on hand. The benefit of expressing the…
Another reason is more psychological; a high share price can act as a deterrent, making it more appealing to split the stock. Research has shown that stock splits often result in short-term abnormal returns, with companies experiencing an average 2%…
State charitable registrations need regular updating, while donor restriction compliance demands ongoing documentation. Board members expect regular financial updates, and program managers need budget reports. What matters is the overall picture of your organization’s financial health and impact. For instance,…
A big leap happened with tools like ChatGPT, which made AI more accessible for everyone, not just the Chief Executive Officer of an AI startup job tech experts. Suddenly, companies of all sizes could use AI to streamline tasks, create…
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