What is Spend Analysis: Examples, Benefits, Best Practices and KPIs

When working with big data in procurement both Online analytical processing (OLAP) and online transaction processing (OLTP) are two important parts of this process. Our user-friendly interface makes it easy for anyone in your procurement team to leverage the power of spend analytics, regardless of their technical abilities. Supplier Opening Entry performance is a multifaceted

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Pilot: Bookkeeping & Accounting Services for Startups & Small Businesses

After all, no matter how great an idea is, it won’t launch without proper financing. The hard truth is that almost 30% of newborn businesses fail due to burning up all their money before breaking even. However, it’s still crucial to have some general knowledge of the fundamentals of accounting. Get dedicated, certified bookkeeping tailored

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FIFO vs LIFO: Difference Between Inventory Methods

Before diving into the inventory valuation methods, you first need to review the inventory formula. The components of the formula are used to calculate how to calculate fifo and lifo FIFO and LIFO accounting values. Using FIFO does not necessarily mean that all the oldest inventory has been sold first—rather, it’s used as an assumption

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