Businesses have evolved to rely on deep data analysis. Companies of all sizes rely on analytics solutions to draw insights from fragmented data, monitor their KPIs, and generate reports to support smart decision-making to stay competitive in the industry. Data warehouses are specialized computer programs structured to store data securely, efficiently, and instantly offer simultaneous […]
Typically, EBITDA is defined as a profitability statistic, but that is often misleading because a company might have a net loss while still having a positive EBITDA. Therefore, EBITDA can be defined as a performance metric. When comparing the financial performance of companies in different industries with different capitalization structures and different tax countries, EBITDA […]
Enterprise resource planning (ERP) is a popular technology in firms that aim to gather, analyze, and share data from a single database across numerous departments, including operations, accounting, sales, and manufacturing. While ERP systems are perfect for connecting the dots between company processes to boost efficiency, staying competitive these days requires real-time data analysis and […]
Companies must handle fluctuating demand for their products even in the best market conditions. Failure to keep up can result in revenue loss as dissatisfied consumers turn to competitors while having too much inventory can increase overhead costs. If you can’t precisely estimate demand, managing stock levels is nearly impossible. Using spreadsheets to forecast demand […]
Because of its low cost and relative simplicity, QuickBooks is the accounting software of choice for many firms. It is, however, an entry-level accounting system, and growing enterprises quickly learn about the software’s flaws. While many of QuickBooks’ flaws may be worked around with manual workarounds and third-party software, eventually those methods are insufficient, […]
NetSuite is the #1 most Shopify Plus merchants choose to power their Shopify Plus Web Stores and to give Shopify Plus Superpowers. But do you know why? Native Connector: Shopify has just announced their *new* NATIVE connector for Shopify Plus. Now you can connect your Shopify Plus Web Store to NetSuite seamlessly. […]
