As a business owner, managing to stay on top of all your daily duties can feel next to impossible. Which means of course, that going through your accounts payable records with a fine toothed comb to ensure you are not bleeding funds is probably the last thing on your “To Do” list. However, there is a lot to be said …
The Importance of Annual Business Process Review
Change is inevitable. Year to year, small variations can render processes obsolete – or at least inaccurate – and that means that annual process reviews are critical for keeping documentation accurate. Whether it’s a software update, an adjustment in a service offering, a new version of a product, differences in company policy, or any of a range of other changes, …
The Importance of Security Reviews
We recently made a post focused on process reviews, and the importance of performing Security Reviews regularly to keep your company operating smoothly. Security systems, processes, and protocols are no different! Periodic reviews allow you and your organization to make sure that all of your security concerns are addressed. This may include digital/online security, employee entrance and exit from your …
Ask Your Department Managers What’s Important To Them – Then Provide It
This post may be a bit different than the others featured here. Instead of looking at systems and processes (our usual area of expertise), we’re looking at some specific interactions in the workplace. Instead of focusing on the way the workforce interacts with technology or standardized practices, let’s examine a dynamic that can make or break a working environment: managerial …
The Importance of Automating Employee Security
The Importance of Automating Employee Security – There’s no question that keeping your business secure is integral to your success. You want to keep employees safe, protect sensitive data, and make sure that only the right people have access to certain areas of both your physical and digital work environment. Fortunately, advances in automation have made achieving these goals far …
The Importance of Post Payment Audits
Post Payment Audits – Running a business is, at least in part, a numbers game. Entire teams of people have to manage profits, expenses, payroll, and beyond. It’s a near constant battle to manage overhead and the bottom line, maintain profitability, and stop any financial leaks along the way. This is no small undertaking, and when small mistakes pile up, …
Supply Chain Management: Third Party Power
Supply chains are built of many moving pieces – each with its own personnel, technological requirements, and role to play in the success of the organization. With so many components, managing the entire operation is no small feat. Even the most successful supply chains, with the most capable management staff, tend to have room for improvement. It could be an …
Year-End Financials
As we approach the end of the calendar year, it’s time for accounting departments of all sizes to organize, analyze, and assess year-end finances. This can be a daunting task, especially if you don’t have systems in place to keep all the information straight. In preparation to close out this year’s books, the accounting department will be gathering and collating …
Human Resources and ACA Updates
Human resources is a complex profession, and something of an industry of its own, nested within all types of corporations, manufacturers, retail businesses, and beyond. This unique line of work requires an extensive knowledge of public and private policies – and the year to year changes of each. One such area of changing policies is the Affordable Care Act (ACA), …
The Importance of Acting On an Audit
The entire point of an audit – whether focused on processes, payments, security, or anything else – is to identify problems. Performed internally or by a third party, an audit is capable of digging into the fine details of the way a business operates, and that usually means uncovering practices and policies that aren’t working, gaps in training, or operational …
