Multiple Invoice in recurring payable
Recurring payable is a process to book invoice of expense that have repeated occurrence like rent of warehouse. Sage 300 ERP has functionality to save
Category: Business Management
Different components of data warehouse
Summary: Data warehouses include vast amounts of past data specifically intended to resolve queries and analyze data. This blog post will let us learn what
Why is product lifecycle management a significant component of business growth?
At its very basic level, product lifecycle management is a systematic way of managing the thorough journey of a product/ service from its initial stage
Explained: Logistics vs Supply Chain
Summary- Supply chain management involves sourcing, manufacturing, processing, and delivering products/ goods to the customers. On the other hand, logistics means moving and storing the
What is the difference between Manufacturing and Production?
Summary: Manufacturing and production are often used interchangeably because both involve the manufacturing of finished goods from raw materials. But there is a significant difference
Procurement meaning and process explained
Summary: Procurement constitutes the transactional part of the business. It involves buying raw materials from vendors & suppliers at the most affordable rates. Although the
What is Financial Management ?
Summary: Financial management comprises methods and techniques for handling a company’s financial assets. It helps the business track its expenses & profits and, more importantly,
The Scope of Financial Management
Summary- Finance management plays a vital role in all kinds of businesses and it is the backbone of any organization. Various factors, including profit or
The Objective of Financial Management
Summary- Finance is the lifeline of any organization and it requires meeting the needs of all business issues. With the increasing competition in the market,
What is the Operating Profitability Ratio and why is it used?
Summary: Numerous financial metrics measure the success of a business. One of them is operating profitability ratios that track and measure the business’s overall financial