Author: protecos

Reengineering your business processes can be a pivotal step toward significant improvements in efficiency, productivity, and overall performance. SweetProcess offers an ideal platform to guide and facilitate this transformative journey for your business. These seven core business process reengineering (BPR) principles are essential guidelines that help organizations radically rethink and redesign their processes. BPR is… Continue reading Reengineering: A Methodology to Create a More Efficient Organization

When you receive your bank statement or account statement at the end of the month, you’ll only spend a minute or two reconciling your accounts. QuickBooks organizes your data for you, making bank reconciliation easy. Troubleshooting reconciliation issues in QuickBooks demands a careful and methodical approach. By systematically addressing discrepancies, ensuring balance, and amending previously… Continue reading How to Reconcile in QuickBooks Online

These organizations work with several different companies and individuals, requiring liquidation and proper documentation for law compliance. Accounting firms can handle increased workloads, seasonal variations, and new accounting challenges. This improves productivity and efficiency, enabling organizations to drive growth and competitive advantage. However, if there is anything in the provider’s agreement that you’re uncomfortable with,… Continue reading A guide to outsourced accounting: All you need to know

You can easily figure out the cash flow yearly by using our payback calculator. The calculator will display payback period, discounted payback period, and net cash flows for the initial investment made for certain number of years. As the equation above shows, the payback period calculation is a simple one. Diving Deeper: Detailed Examples and… Continue reading Discounted Payback Period Calculator