This presentation from the Hennessey CApital team, highlights how to create additional cash flow in your business by managing working capital and steps to enhance profitability.
The client is a leading healthcare BPO that needed business intelligence capabilities like repeat call analysis, SLA reporting, and case management. The large volumes of data from different sources posed challenges. The solution implemented a centralized SQL database to extract, transform, and load data from Excel files. This provided reports, dashboards, and analytics and eliminated manual data processing. It gave the client better insights, control, optimized performance, and created a new revenue line by providing analytics to customers.
OHRS, GP and Internal Controls Training - GenericZaimin Karmali
The document provides recommendations to improve internal controls, best practices for using GP software, and tips for saving files consistently. It addresses issues like inconsistent file saving, lack of communication around new contracts and costs, and inadequate petty cash controls. Recommendations include setting policies for informing finance of new contracts and deadlines, and requiring receipts before petty cash reimbursements. The document also demonstrates GP features like notes, hiding icons, date fields, and letter wizards.
With companies offering outsourced accounting for CPAs, a little more can always be accomplished even if you have access to limited resources. The workload can be reduced allowing increased focus on improving the core aspects of a business.
Accelerate From The Downturn Connect With Sage Crmguest1080743
A Sage Connect event presentation on how buisinesses can transform themselves using technology. The need to be productive and proactive is important in recessionary times. This presentaiton identifies the benefits of using Sage CRM in Sales Automation. Presented by Shobha Moni, CRM Champion and VP Operations of Triad Software Services
Greater competitiveness, productivity and service excellence through an ERP s...Mindtree Ltd.
Mindtree implemented an SAP ERP solution for the engineering division of a leading conglomerate headquartered in the Middle East. By doing so, we improved market reach and effectiveness while reducing costs.
The document discusses conducting a cash optimization analysis for a financial institution. It would involve analyzing 90 days of transaction data from 90 ATMs and 10 branches to determine current cash management levels. It would then simulate cash levels if optimized tools and processes were used. A report would compare key metrics like ending cash balances and availability to optimal levels and industry benchmarks to quantify potential improvements. This would help the bank assess benefits before a potential cash optimization solution implementation.
1. The document outlines various strategies and tools that organizations can use to develop and implement successful strategic plans, including identifying key initiatives, overcoming barriers to change, measuring customer satisfaction, using project management techniques, and focusing on process improvement.
2. It discusses specific tools and methods for areas like project management, process improvement using Lean and PDSA cycles, and accounting tools like activity-based costing and economic value added.
3. The overall goal is for each organization to develop or refine their own strategic plan using these various strategies and tools in order to successfully implement initiatives that achieve lasting benefits.
This presentation from the Hennessey CApital team, highlights how to create additional cash flow in your business by managing working capital and steps to enhance profitability.
The client is a leading healthcare BPO that needed business intelligence capabilities like repeat call analysis, SLA reporting, and case management. The large volumes of data from different sources posed challenges. The solution implemented a centralized SQL database to extract, transform, and load data from Excel files. This provided reports, dashboards, and analytics and eliminated manual data processing. It gave the client better insights, control, optimized performance, and created a new revenue line by providing analytics to customers.
OHRS, GP and Internal Controls Training - GenericZaimin Karmali
The document provides recommendations to improve internal controls, best practices for using GP software, and tips for saving files consistently. It addresses issues like inconsistent file saving, lack of communication around new contracts and costs, and inadequate petty cash controls. Recommendations include setting policies for informing finance of new contracts and deadlines, and requiring receipts before petty cash reimbursements. The document also demonstrates GP features like notes, hiding icons, date fields, and letter wizards.
With companies offering outsourced accounting for CPAs, a little more can always be accomplished even if you have access to limited resources. The workload can be reduced allowing increased focus on improving the core aspects of a business.
Accelerate From The Downturn Connect With Sage Crmguest1080743
A Sage Connect event presentation on how buisinesses can transform themselves using technology. The need to be productive and proactive is important in recessionary times. This presentaiton identifies the benefits of using Sage CRM in Sales Automation. Presented by Shobha Moni, CRM Champion and VP Operations of Triad Software Services
Greater competitiveness, productivity and service excellence through an ERP s...Mindtree Ltd.
Mindtree implemented an SAP ERP solution for the engineering division of a leading conglomerate headquartered in the Middle East. By doing so, we improved market reach and effectiveness while reducing costs.
The document discusses conducting a cash optimization analysis for a financial institution. It would involve analyzing 90 days of transaction data from 90 ATMs and 10 branches to determine current cash management levels. It would then simulate cash levels if optimized tools and processes were used. A report would compare key metrics like ending cash balances and availability to optimal levels and industry benchmarks to quantify potential improvements. This would help the bank assess benefits before a potential cash optimization solution implementation.
1. The document outlines various strategies and tools that organizations can use to develop and implement successful strategic plans, including identifying key initiatives, overcoming barriers to change, measuring customer satisfaction, using project management techniques, and focusing on process improvement.
2. It discusses specific tools and methods for areas like project management, process improvement using Lean and PDSA cycles, and accounting tools like activity-based costing and economic value added.
3. The overall goal is for each organization to develop or refine their own strategic plan using these various strategies and tools in order to successfully implement initiatives that achieve lasting benefits.
This document summarizes a WISE Planning solution that provides forecasting, planning, and visibility across distribution centers. It includes forecasting tools to generate sales forecasts accounting for trends and seasonality. A distribution requirements planning module displays forecasts and inventory requirements. The solution aims to reduce inventory levels through better forecasting and planning while simplifying operations. Benefits include eliminating data errors, lowering inventory levels and costs, and enhancing operations effectiveness.
The document summarizes various services provided to the healthcare industry, including accounting, analytical, and revenue enhancement services. Key services listed are accounting and bookkeeping, accounts receivable analysis, accounting systems reviews, physician productivity assessments, cost accounting analysis, and practice start-up support. The company also provides recruitment, technology, retirement, and valuation services to healthcare clients.
Tracks restaurant back office solution - Introductory presentationjwtownsendjr1
Tracks is an operator embraced restaurant back office solution designed for best practice efficiency, built on scalable cost effective technology, delivered at or below competitive systems and without the headaches.
5 Key Metrics that will Empower Your AP Organization
Document
The most vulnerable area of accounting in any company is the outflow of cash resources – the accounts payable function. Learn which KPIs you need to measure and how to improve them.
AP Automation makes them easy to track.
Rascal newspaper and magazines categoryFinbar Dunne
Rascal provides solutions to common retail problems through automated processes delivered via handheld devices, including goods receipt and returns processing, standardized approaches and monitoring across stores, visibility of stock movement and daily scan data, messaging and instructions to stores, and daily reporting for performance monitoring and control.
Computer maintenance management systems (CMMS) allow organizations to automate maintenance processes and collect asset data to make strategic, managerial, and operational decisions. Implementing a CMMS can cost from a few hundred dollars to hundreds of thousands depending on the size of the organization. A major challenge is developing an accurate database of all maintainable assets, which requires identifying each asset and collecting details. Centennial Associates helps with inventorying assets using barcode scanning and populating the data into a CMMS to streamline maintenance management.
Propeotech Solutions is a freight payment and audit company based in Pune, India that has been in business since 2008. They provide freight payment and audit solutions, business intelligence services, and sales compensation management services. Their freight payment and audit services help clients reduce costs by 2-7% of their total freight spend by catching overcharges and incorrect invoices through a customized, technology-driven process involving data access, rigorous definition, and reporting. They deploy flexible solutions that integrate with clients' existing technologies and offer hybrid pricing scaled to clients' invoice volumes.
Integrated tracking and identification solutions accelerate performance throughout the global retail supply chain, facilitating visibility, compliance and process improvement.
The document discusses opportunities for improving spend and contract management through various strategies and tools. It identifies challenges with traditional approaches and highlights best practices such as electronic transactions, visibility into contracts and suppliers, and improved spend data capture. Specific areas covered include enterprise spend analysis, contract lifecycle management, data management, electronic invoice processing, and deployment considerations. The key is taking a holistic approach through continuous improvement, stakeholder engagement, and driving initiatives to reduce expenses and deliver value.
This document discusses improving supply chain performance by linking it to the balanced scorecard. It outlines current supply chain measures and perspectives in the balanced scorecard. It then proposes linking the two by identifying performance measures that align the internal, financial, innovation/learning, and customer perspectives of the balanced scorecard with goals like unit cost reduction, time reduction, waste reduction, and flexible response in the supply chain. Aligning key performance indicators across these perspectives can help optimize supply chain performance.
Finance Transformation - Best Practices for Accounting and Control - Hernan H...Hernan Huwyler, MBA CPA
The document discusses strategies for finance transformation and lean accounting. It proposes reducing costs by standardizing processes, automating tasks, consolidating activities, and simplifying controls. This would allow the finance department to focus on analysis and advisory work. Specific recommendations include expediting financial reporting, simplifying accounts payable/receivable, centralizing bank accounts, and digitalizing documents to reduce errors. Transformation requires defining a strategy, collecting baseline data, planning implementation in phases, and reviewing results.
SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark SurveyCoupa Software
The summary provides an overview of key topics discussed in the document:
1) The document discusses challenges with traditional benchmark surveys and how a transactional, cloud-based approach can provide more actionable insights.
2) It outlines 10 must-measure metrics and KPIs related to procurement efficiency and effectiveness that organizations should track, including approval cycle times, spend under management, and cost savings.
3) The document provides examples of how Williams-Sonoma can develop a benchmarking strategy, such as identifying key KPIs, establishing a baseline, and aligning processes and technology with measurement.
SAP Implementation in CHR and CHU Hospitals (Liège)NRB
In this presentation, Mr. Degotte, Chief Financial Officer at CHR Citadelle, tackles the various dimensions you need to take into account while implementing SAP within an healthcare environment. Discover how both aforementioned hospitals got the best out of SAP thanks to Xperthis.
AAA transformed their business process for handling service requests by implementing a service catalog. This provided a structured, automated workflow for requests and ensured tasks were handled correctly. It reduced request handling times from 11 days to same day and improved productivity by around 21%. AAA saw additional benefits like improved relationships between departments and increased employee satisfaction. They plan future improvements like setting service level agreements and increasing automation.
The document discusses supply chain best practices and provides an overview of key topics including metrics, inventory velocity, cycle time compression, lean logistics, technology, supplier performance, and segmenting supply chains. It emphasizes that companies should develop multiple, tailored supply chain approaches rather than a one-size-fits-all model in order to improve flexibility, responsiveness, and demand planning. Metrics like inventory turns and reducing cycle times are important for optimizing supply chain performance.
The document discusses SAP ERP solutions for the dairy industry. It summarizes the key challenges dairy companies face, strategies to address them, and benefits of SAP solutions. The main sections cover optimizing supply chain management, product development, manufacturing, sales, food safety compliance, and financial management. SAP ERP can help dairy businesses address challenges like regulatory compliance, traceability, demand planning and optimize processes like procurement, production, and distribution.
Order to Cash: What It Is and Why You Should Care | HandshakeHandshake
The document discusses order to cash (O2C), which encompasses the end-to-end order processing system from opportunity creation to order taking to billing. It notes that streamlining the O2C process can speed up cash flow, cut costs, and better serve customers. The two major segments of O2C are the order management process and the bill-to-cash process. Common inefficiencies in these processes include outdated manual processes, lack of inventory visibility, and billing inaccuracies. The document provides best practices to optimize these processes such as automating systems, integrating software, and implementing electronic invoicing.
SYSPRO is a fully-integrated business software solution that provides complete control over the planning and management of all facets of business including accounting, manufacturing and distribution operations in a variety of industries
Six Sigma was invented by Motorola in 1986 as a metric for measuring defects and improving quality. It has since evolved into a robust methodology focusing on customer requirements, process alignment, analytical rigor, and timely execution. Key aspects of Six Sigma include defining critical quality attributes, measuring performance standards, identifying sources of process variation, developing solutions to address them, implementing solutions, and establishing process controls. The document provides an overview of these aspects and outlines a case study applying Six Sigma to improve a call center's customer satisfaction and reduce support costs.
Keep the Cash Flowing: Streamline Supply Chain Operations to Maximize Cash Fl...Josh Noble
Recent challenges and uncertainty in the US economy have forced mid-market companies to focus on cash flow to support growth.
This webinar discusses:
•Cash flow challenges for mid-market companies
•Ideas to shorten the “order to cash” cycle
•4 areas where supply chain efficiency can help cash flow
Please download the slide notes or view the recorded webcast after the final slide for the full presentation transcript.
HKP is a workforce management company that provides full-service human capital management solutions through its cloud-based iSolved HCM platform. The platform offers integrated payroll, HR, benefits, time and attendance, onboarding, and other functionality. HKP aims to manage all aspects of the employee lifecycle from hire to retire for businesses of all sizes. It is part of the Honkamp Krueger family of companies which includes a top CPA firm and wealth management firm. HKP prides itself on providing consultative, personalized customer service to clients.
This document summarizes a WISE Planning solution that provides forecasting, planning, and visibility across distribution centers. It includes forecasting tools to generate sales forecasts accounting for trends and seasonality. A distribution requirements planning module displays forecasts and inventory requirements. The solution aims to reduce inventory levels through better forecasting and planning while simplifying operations. Benefits include eliminating data errors, lowering inventory levels and costs, and enhancing operations effectiveness.
The document summarizes various services provided to the healthcare industry, including accounting, analytical, and revenue enhancement services. Key services listed are accounting and bookkeeping, accounts receivable analysis, accounting systems reviews, physician productivity assessments, cost accounting analysis, and practice start-up support. The company also provides recruitment, technology, retirement, and valuation services to healthcare clients.
Tracks restaurant back office solution - Introductory presentationjwtownsendjr1
Tracks is an operator embraced restaurant back office solution designed for best practice efficiency, built on scalable cost effective technology, delivered at or below competitive systems and without the headaches.
5 Key Metrics that will Empower Your AP Organization
Document
The most vulnerable area of accounting in any company is the outflow of cash resources – the accounts payable function. Learn which KPIs you need to measure and how to improve them.
AP Automation makes them easy to track.
Rascal newspaper and magazines categoryFinbar Dunne
Rascal provides solutions to common retail problems through automated processes delivered via handheld devices, including goods receipt and returns processing, standardized approaches and monitoring across stores, visibility of stock movement and daily scan data, messaging and instructions to stores, and daily reporting for performance monitoring and control.
Computer maintenance management systems (CMMS) allow organizations to automate maintenance processes and collect asset data to make strategic, managerial, and operational decisions. Implementing a CMMS can cost from a few hundred dollars to hundreds of thousands depending on the size of the organization. A major challenge is developing an accurate database of all maintainable assets, which requires identifying each asset and collecting details. Centennial Associates helps with inventorying assets using barcode scanning and populating the data into a CMMS to streamline maintenance management.
Propeotech Solutions is a freight payment and audit company based in Pune, India that has been in business since 2008. They provide freight payment and audit solutions, business intelligence services, and sales compensation management services. Their freight payment and audit services help clients reduce costs by 2-7% of their total freight spend by catching overcharges and incorrect invoices through a customized, technology-driven process involving data access, rigorous definition, and reporting. They deploy flexible solutions that integrate with clients' existing technologies and offer hybrid pricing scaled to clients' invoice volumes.
Integrated tracking and identification solutions accelerate performance throughout the global retail supply chain, facilitating visibility, compliance and process improvement.
The document discusses opportunities for improving spend and contract management through various strategies and tools. It identifies challenges with traditional approaches and highlights best practices such as electronic transactions, visibility into contracts and suppliers, and improved spend data capture. Specific areas covered include enterprise spend analysis, contract lifecycle management, data management, electronic invoice processing, and deployment considerations. The key is taking a holistic approach through continuous improvement, stakeholder engagement, and driving initiatives to reduce expenses and deliver value.
This document discusses improving supply chain performance by linking it to the balanced scorecard. It outlines current supply chain measures and perspectives in the balanced scorecard. It then proposes linking the two by identifying performance measures that align the internal, financial, innovation/learning, and customer perspectives of the balanced scorecard with goals like unit cost reduction, time reduction, waste reduction, and flexible response in the supply chain. Aligning key performance indicators across these perspectives can help optimize supply chain performance.
Finance Transformation - Best Practices for Accounting and Control - Hernan H...Hernan Huwyler, MBA CPA
The document discusses strategies for finance transformation and lean accounting. It proposes reducing costs by standardizing processes, automating tasks, consolidating activities, and simplifying controls. This would allow the finance department to focus on analysis and advisory work. Specific recommendations include expediting financial reporting, simplifying accounts payable/receivable, centralizing bank accounts, and digitalizing documents to reduce errors. Transformation requires defining a strategy, collecting baseline data, planning implementation in phases, and reviewing results.
SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark SurveyCoupa Software
The summary provides an overview of key topics discussed in the document:
1) The document discusses challenges with traditional benchmark surveys and how a transactional, cloud-based approach can provide more actionable insights.
2) It outlines 10 must-measure metrics and KPIs related to procurement efficiency and effectiveness that organizations should track, including approval cycle times, spend under management, and cost savings.
3) The document provides examples of how Williams-Sonoma can develop a benchmarking strategy, such as identifying key KPIs, establishing a baseline, and aligning processes and technology with measurement.
SAP Implementation in CHR and CHU Hospitals (Liège)NRB
In this presentation, Mr. Degotte, Chief Financial Officer at CHR Citadelle, tackles the various dimensions you need to take into account while implementing SAP within an healthcare environment. Discover how both aforementioned hospitals got the best out of SAP thanks to Xperthis.
AAA transformed their business process for handling service requests by implementing a service catalog. This provided a structured, automated workflow for requests and ensured tasks were handled correctly. It reduced request handling times from 11 days to same day and improved productivity by around 21%. AAA saw additional benefits like improved relationships between departments and increased employee satisfaction. They plan future improvements like setting service level agreements and increasing automation.
The document discusses supply chain best practices and provides an overview of key topics including metrics, inventory velocity, cycle time compression, lean logistics, technology, supplier performance, and segmenting supply chains. It emphasizes that companies should develop multiple, tailored supply chain approaches rather than a one-size-fits-all model in order to improve flexibility, responsiveness, and demand planning. Metrics like inventory turns and reducing cycle times are important for optimizing supply chain performance.
The document discusses SAP ERP solutions for the dairy industry. It summarizes the key challenges dairy companies face, strategies to address them, and benefits of SAP solutions. The main sections cover optimizing supply chain management, product development, manufacturing, sales, food safety compliance, and financial management. SAP ERP can help dairy businesses address challenges like regulatory compliance, traceability, demand planning and optimize processes like procurement, production, and distribution.
Order to Cash: What It Is and Why You Should Care | HandshakeHandshake
The document discusses order to cash (O2C), which encompasses the end-to-end order processing system from opportunity creation to order taking to billing. It notes that streamlining the O2C process can speed up cash flow, cut costs, and better serve customers. The two major segments of O2C are the order management process and the bill-to-cash process. Common inefficiencies in these processes include outdated manual processes, lack of inventory visibility, and billing inaccuracies. The document provides best practices to optimize these processes such as automating systems, integrating software, and implementing electronic invoicing.
SYSPRO is a fully-integrated business software solution that provides complete control over the planning and management of all facets of business including accounting, manufacturing and distribution operations in a variety of industries
Six Sigma was invented by Motorola in 1986 as a metric for measuring defects and improving quality. It has since evolved into a robust methodology focusing on customer requirements, process alignment, analytical rigor, and timely execution. Key aspects of Six Sigma include defining critical quality attributes, measuring performance standards, identifying sources of process variation, developing solutions to address them, implementing solutions, and establishing process controls. The document provides an overview of these aspects and outlines a case study applying Six Sigma to improve a call center's customer satisfaction and reduce support costs.
Keep the Cash Flowing: Streamline Supply Chain Operations to Maximize Cash Fl...Josh Noble
Recent challenges and uncertainty in the US economy have forced mid-market companies to focus on cash flow to support growth.
This webinar discusses:
•Cash flow challenges for mid-market companies
•Ideas to shorten the “order to cash” cycle
•4 areas where supply chain efficiency can help cash flow
Please download the slide notes or view the recorded webcast after the final slide for the full presentation transcript.
HKP is a workforce management company that provides full-service human capital management solutions through its cloud-based iSolved HCM platform. The platform offers integrated payroll, HR, benefits, time and attendance, onboarding, and other functionality. HKP aims to manage all aspects of the employee lifecycle from hire to retire for businesses of all sizes. It is part of the Honkamp Krueger family of companies which includes a top CPA firm and wealth management firm. HKP prides itself on providing consultative, personalized customer service to clients.
Outsourcing is a global automotive market. Its evolution brings the companies an edge to reap the best benefits out of cash on-hand. It helps in optimizing internal processes of the company.
Taming Big Data in the Reverse Logistics Supply ChainJonathan Pine
Best-in-Class companies capture, analyze and share repair and return data. But, not knowing what to look for and how to use the information could leave you drowning in Big Data.
Major points of this presentation include:
What type of data is valuable
Identifying and prioritizing trends
Benefits of analyzing and sharing data
The document outlines the steps to build a business case for a technology project, including defining the initial scope and costs, reviewing functionality, measuring benefits, and covering the entire lifecycle of the solution. It provides examples of tangible benefits that can be quantified, such as cost reductions and process improvements, as well as strategic benefits like standardization, improved information flow, and regulatory compliance.
B2B Data Appending: 5 Ways It Can Transform Your BusinessHabile Data
Data appending is a step beyond data cleansing. It replaces incorrect and inaccurate data with relevant and updated information. Find out 5 ways how data appending impacts your database to help you grow profitably.
The document discusses enterprise asset management (EAM) and its integration with ERP systems. It outlines the benefits of EAM such as improved asset performance, reduced costs, and extended asset life. It also discusses key challenges around asset management and how EAM addresses issues like maintenance, parts management, preventative maintenance, and overall equipment effectiveness.
The document discusses reverse logistics challenges and benefits. It defines reverse logistics as the process of moving used products back up the supply chain for repair, reuse, refurbishing, resale, recycling, or disposal. It outlines differences between reverse logistics and closed-loop supply chains. It also provides recommendations for organizations to establish effective reverse logistics programs, including avoiding unnecessary returns, establishing return centers, recovering assets, and using information systems to improve visibility.
Security what it means to your business - circa 1999Chaim Yudkowsky
- Security is a major concern and risk for businesses, with 64% of companies experiencing a breach and 79% of executives viewing it as the top business challenge.
- The majority (60-80%) of security risks come from within a company from its own employees, whether intentional or unintentional.
- Businesses need strong security policies around passwords, access controls, and testing to protect their networks, applications, data, and systems from both internal and external threats.
- The MAS90 accounting software has security features for various modules and functionality that should be configured appropriately based on a company's needs.
This document outlines 10 commandments for buying technology that advise ignoring media hype, not being the first to adopt new technologies, letting user needs determine what to adopt, understanding the processes being automated, selecting software before hardware, talking to users before purchasing, spending time planning and strategizing, establishing usage rules, investing in training, and not forgetting about formal training as well.
This document provides guidance on creating effective graphs by addressing key questions about the message, purpose, design, and details of a graph. It suggests considering what the graph should communicate, why the message is important, and which graph type best presents the data. The document also recommends ensuring graphs have appropriate scale, context, spelling, and orientation to clearly convey the intended message to the intended audience.
This document provides an overview of financing options, the role of accountants, components of an effective business plan, and financial documents needed for a business loan. It discusses sources of financing like commercial lenders, government programs, and secondary markets. It also outlines the accountant's knowledge of financing sources and tax implications, and components of a business plan like purpose, description, management, products, and financial projections. Finally, it lists financial documents required for a loan like tax returns and financial statements, and considerations for loan structuring like repayment terms and debt amortization.
Stretching your tech dollars lawyers circa 1994Chaim Yudkowsky
Chaim Yudkowsky, CPA, CITP, CGMA - Byte of Success
Delivered to legal professional association group in 1994. Reflective of nearly 20 years ago technology trends.
Chaim Yudkowsky, CPA, CITP, CGMA - Byte of Success
Part of a series in 1997 focusing on helping small and midsized business make more money / become more profitable
Chaim Yudkowsky, CPA, CITP, CGMA - Byte of Success
Part 3 of a series delivered in 1997 focused on helping small and midsized business become more profitable.
Chaim Yudkowsky, CPA, CITP, CGMA - Byte of Success
Delivered in 1998 at an event in rural Kentucky with many dignitaries including Commissioner Furchgott-Roth of the FCC at the time.
This document discusses the Year 2000 problem and its potential impacts. It provides the following key points:
- There are only 654 days left until January 1, 2000, when many computer systems may malfunction by treating 00 as 1900 instead of 2000. This could disrupt power grids, air traffic control, and other critical systems.
- Fixing the problem is estimated to cost $300-600 billion worldwide and leave over 50% of problems unsolved. Potential issues include disrupted financial accounting, payroll, stock trades, and more.
- Common myths are that it is just a mainframe or software problem, or that systems will not be affected if compliant. All systems using dates are at risk.
- Organ
Y2k presented at Towson University December 1998Chaim Yudkowsky
Chaim Yudkowsky, CPA, CITP, CGMA - Byte of Success
More extensive Y2K based training focused on the challenges of the time for small and midsized business preparedness technologically. Also, interesting historically based on what actually happened. Delivered in many settings over about 18 months.
20 Minute Cash Flow Planning Session from 1996Chaim Yudkowsky
The document discusses cash flow planning and management for businesses. It introduces cash flow planning software called "Up Your Cash Flow" that helps users understand and control cash flow. The software guides users through entering basic company information and financial data to develop cash flow, profit, and balance sheet forecasts. Comparing actual financial results to forecasts reveals discrepancies and allows users to identify issues impacting cash flow and profitability in order to make necessary changes. Developing comprehensive cash flow plans is important for businesses to know their cash needs and sources, and to avoid cash flow problems.