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Grow Your Company, Remove Risks & Dangers of SpreadsheetsAnnette Manias
Know What You Own and Why You Own It!
All companies start out using spreadsheets to track everything, even their fixed assets, but as your company grows and expands, spreadsheets cannot handle the complexity of the details needed to manage a larger company.
You are likely to be losing around 35% of possible revenue, as well as being subject to investigations, audits and lawsuits by mistakes rendered from spreadsheets.
In our presentation we will show you the inherent dangers with spreadsheets and how they can adversely affect your company.
Oasis Solutions can help you take the next step in growing your company by removing spreadsheets as your fixed asset manager.
Grow Your Company, Remove Risks & Dangers of SpreadsheetsAnnette Manias
Know What You Own and Why You Own It!
All companies start out using spreadsheets to track everything, even their fixed assets, but as your company grows and expands, spreadsheets cannot handle the complexity of the details needed to manage a larger company.
You are likely to be losing around 35% of possible revenue, as well as being subject to investigations, audits and lawsuits by mistakes rendered from spreadsheets.
In our presentation we will show you the inherent dangers with spreadsheets and how they can adversely affect your company.
Oasis Solutions can help you take the next step in growing your company by removing spreadsheets as your fixed asset manager.
Partner Alliance Webinar - Sales Tax | Fixed Assets Solutions - An OverviewNet at Work
You Will Learn:
• How you can benefit from selling these compliance products
• The pitfalls your customers should be looking out for
• The benefits to having solid compliance practices in house
• The ROI your customers can expect
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It’s no secret that Accounts Payable is one of the main areas of opportunity for automation and optimization within a finance department.
In this video recap of the webinar held on 2/26/ 2019; Auxis’ RPA Consulting Director Eduardo Diquez together with The CFO Leadership Council, UiPath & Ephesoft discussed a perspective on what it really takes to optimize the end-to-end AP function, its key benefits, key technology solutions in the market, and more.
What was covered:
- What does Modern Finance really mean?
- Digitization as a Key Element of the Modern Finance Organization
- Most Common Tools you should be implementing as part of your Digital Finance journey
- What’s driving RPA’s growth?
- Implementation Strategies & Alternatives
- How Outsourcing can help finance executives self-fund their Digital Finance Strategy and drive faster outcomes
Unifying Sales and Operations to Drive Scale (Subscribed13)Zuora, Inc.
Hobsons - Sid Ghatak, VP Operations
Joyent - Laurel Reitman, VP Business Operations
Is your company's growth breaking your processes? Wondering how you can do more without out of control hiring? Come hear how others have transformed their Operations team to create a streamlined SaaS company.
Are you hitting your Governor Limits? Is your system performance not up to expectations? Are you worried about your capacity to grow or merge multiple orgs? Then this session is for you. Join us as we line up the suspects, find out who's guilty, and how you can avoid being a victim in the closest thing to a murder-mystery at this year's DreamForce. We'll walk you through real situations, and most importantly, how we solved them.
Mitigate the Impact of Great Resignation with AI Digital Assistants.pptxEmagia
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https://www.emagia.com/resources/ebooks/mitigate-the-impact-of-the-great-resignation-with-ai-digital-assistants/
Building the Tax Team of the Future to Navigate the Storm of Regulatory Change Sovos
As tax moves from a back-office function to an integrated and strategic position, tax professionals must have a data-driven, business, and security mindset.
Watch onDemand by using this link: https://goo.gl/8trFsv
Watch the recording of this session and learn how to structure a winning AP automation strategy from beginning to end. We will show demos of Intelligent Data Capture and RPA in action for invoice processing.
The Future of Forecasting and BudgetingJames Myers
Forecasting and planning in today’s fast-changing business landscape is a challenging task for any organization. To survive, organizations require agile forecasting and planning processes to proactively manage change. Progressive CFOs and their teams recognize that the forecasting and planning processes, when done right, are powerful tools for informing the future of the organization.
CNA’s Journey to Workday Accounting CenterWorkday, Inc.
Learn about CNA’s journey to transform its high-volume accounting journal entries with the help of Workday Accounting Center.
This slide deck explores why CNA selected Workday, the process of going live on Workday Accounting Center, and the value CNA has gained.
Partner Alliance Webinar - Sales Tax | Fixed Assets Solutions - An OverviewNet at Work
You Will Learn:
• How you can benefit from selling these compliance products
• The pitfalls your customers should be looking out for
• The benefits to having solid compliance practices in house
• The ROI your customers can expect
Make your entertainment industry accounting team more strategicRKLeSolutions
As a finance leader in the entertainment industry, you deal with a unique set of challenges including managing multiple entities, creating consolidated reports, planning for the future, closing the month, and a whole lot more. The only way to do this well is to automate manual tasks with technology and free your team to be strategic. Would you like to know how to do this better? See how RKL eSolutions has helped Skydance, Legendary, and Spyglass Media improve their business processes with automation.
It’s no secret that Accounts Payable is one of the main areas of opportunity for automation and optimization within a finance department.
In this video recap of the webinar held on 2/26/ 2019; Auxis’ RPA Consulting Director Eduardo Diquez together with The CFO Leadership Council, UiPath & Ephesoft discussed a perspective on what it really takes to optimize the end-to-end AP function, its key benefits, key technology solutions in the market, and more.
What was covered:
- What does Modern Finance really mean?
- Digitization as a Key Element of the Modern Finance Organization
- Most Common Tools you should be implementing as part of your Digital Finance journey
- What’s driving RPA’s growth?
- Implementation Strategies & Alternatives
- How Outsourcing can help finance executives self-fund their Digital Finance Strategy and drive faster outcomes
Unifying Sales and Operations to Drive Scale (Subscribed13)Zuora, Inc.
Hobsons - Sid Ghatak, VP Operations
Joyent - Laurel Reitman, VP Business Operations
Is your company's growth breaking your processes? Wondering how you can do more without out of control hiring? Come hear how others have transformed their Operations team to create a streamlined SaaS company.
Are you hitting your Governor Limits? Is your system performance not up to expectations? Are you worried about your capacity to grow or merge multiple orgs? Then this session is for you. Join us as we line up the suspects, find out who's guilty, and how you can avoid being a victim in the closest thing to a murder-mystery at this year's DreamForce. We'll walk you through real situations, and most importantly, how we solved them.
Mitigate the Impact of Great Resignation with AI Digital Assistants.pptxEmagia
Mitigate the Impact of Great Resignation with AI Digital Assistants.pptx
https://www.emagia.com/resources/ebooks/mitigate-the-impact-of-the-great-resignation-with-ai-digital-assistants/
Building the Tax Team of the Future to Navigate the Storm of Regulatory Change Sovos
As tax moves from a back-office function to an integrated and strategic position, tax professionals must have a data-driven, business, and security mindset.
Watch onDemand by using this link: https://goo.gl/8trFsv
Watch the recording of this session and learn how to structure a winning AP automation strategy from beginning to end. We will show demos of Intelligent Data Capture and RPA in action for invoice processing.
The Future of Forecasting and BudgetingJames Myers
Forecasting and planning in today’s fast-changing business landscape is a challenging task for any organization. To survive, organizations require agile forecasting and planning processes to proactively manage change. Progressive CFOs and their teams recognize that the forecasting and planning processes, when done right, are powerful tools for informing the future of the organization.
CNA’s Journey to Workday Accounting CenterWorkday, Inc.
Learn about CNA’s journey to transform its high-volume accounting journal entries with the help of Workday Accounting Center.
This slide deck explores why CNA selected Workday, the process of going live on Workday Accounting Center, and the value CNA has gained.
E-commerce Application Development Company.pdfHornet Dynamics
Your business can reach new heights with our assistance as we design solutions that are specifically appropriate for your goals and vision. Our eCommerce application solutions can digitally coordinate all retail operations processes to meet the demands of the marketplace while maintaining business continuity.
Atelier - Innover avec l’IA Générative et les graphes de connaissancesNeo4j
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Allez au-delà du battage médiatique autour de l’IA et découvrez des techniques pratiques pour utiliser l’IA de manière responsable à travers les données de votre organisation. Explorez comment utiliser les graphes de connaissances pour augmenter la précision, la transparence et la capacité d’explication dans les systèmes d’IA générative. Vous partirez avec une expérience pratique combinant les relations entre les données et les LLM pour apporter du contexte spécifique à votre domaine et améliorer votre raisonnement.
Amenez votre ordinateur portable et nous vous guiderons sur la mise en place de votre propre pile d’IA générative, en vous fournissant des exemples pratiques et codés pour démarrer en quelques minutes.
Providing Globus Services to Users of JASMIN for Environmental Data AnalysisGlobus
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First Steps with Globus Compute Multi-User EndpointsGlobus
In this presentation we will share our experiences around getting started with the Globus Compute multi-user endpoint. Working with the Pharmacology group at the University of Auckland, we have previously written an application using Globus Compute that can offload computationally expensive steps in the researcher's workflows, which they wish to manage from their familiar Windows environments, onto the NeSI (New Zealand eScience Infrastructure) cluster. Some of the challenges we have encountered were that each researcher had to set up and manage their own single-user globus compute endpoint and that the workloads had varying resource requirements (CPUs, memory and wall time) between different runs. We hope that the multi-user endpoint will help to address these challenges and share an update on our progress here.
Large Language Models and the End of ProgrammingMatt Welsh
Talk by Matt Welsh at Craft Conference 2024 on the impact that Large Language Models will have on the future of software development. In this talk, I discuss the ways in which LLMs will impact the software industry, from replacing human software developers with AI, to replacing conventional software with models that perform reasoning, computation, and problem-solving.
Quarkus Hidden and Forbidden ExtensionsMax Andersen
Quarkus has a vast extension ecosystem and is known for its subsonic and subatomic feature set. Some of these features are not as well known, and some extensions are less talked about, but that does not make them less interesting - quite the opposite.
Come join this talk to see some tips and tricks for using Quarkus and some of the lesser known features, extensions and development techniques.
Navigating the Metaverse: A Journey into Virtual Evolution"Donna Lenk
Join us for an exploration of the Metaverse's evolution, where innovation meets imagination. Discover new dimensions of virtual events, engage with thought-provoking discussions, and witness the transformative power of digital realms."
OpenMetadata Community Meeting - 5th June 2024OpenMetadata
The OpenMetadata Community Meeting was held on June 5th, 2024. In this meeting, we discussed about the data quality capabilities that are integrated with the Incident Manager, providing a complete solution to handle your data observability needs. Watch the end-to-end demo of the data quality features.
* How to run your own data quality framework
* What is the performance impact of running data quality frameworks
* How to run the test cases in your own ETL pipelines
* How the Incident Manager is integrated
* Get notified with alerts when test cases fail
Watch the meeting recording here - https://www.youtube.com/watch?v=UbNOje0kf6E
Check out the webinar slides to learn more about how XfilesPro transforms Salesforce document management by leveraging its world-class applications. For more details, please connect with sales@xfilespro.com
If you want to watch the on-demand webinar, please click here: https://www.xfilespro.com/webinars/salesforce-document-management-2-0-smarter-faster-better/
We describe the deployment and use of Globus Compute for remote computation. This content is aimed at researchers who wish to compute on remote resources using a unified programming interface, as well as system administrators who will deploy and operate Globus Compute services on their research computing infrastructure.
Need for Speed: Removing speed bumps from your Symfony projects ⚡️Łukasz Chruściel
No one wants their application to drag like a car stuck in the slow lane! Yet it’s all too common to encounter bumpy, pothole-filled solutions that slow the speed of any application. Symfony apps are not an exception.
In this talk, I will take you for a spin around the performance racetrack. We’ll explore common pitfalls - those hidden potholes on your application that can cause unexpected slowdowns. Learn how to spot these performance bumps early, and more importantly, how to navigate around them to keep your application running at top speed.
We will focus in particular on tuning your engine at the application level, making the right adjustments to ensure that your system responds like a well-oiled, high-performance race car.
Graspan: A Big Data System for Big Code AnalysisAftab Hussain
We built a disk-based parallel graph system, Graspan, that uses a novel edge-pair centric computation model to compute dynamic transitive closures on very large program graphs.
We implement context-sensitive pointer/alias and dataflow analyses on Graspan. An evaluation of these analyses on large codebases such as Linux shows that their Graspan implementations scale to millions of lines of code and are much simpler than their original implementations.
These analyses were used to augment the existing checkers; these augmented checkers found 132 new NULL pointer bugs and 1308 unnecessary NULL tests in Linux 4.4.0-rc5, PostgreSQL 8.3.9, and Apache httpd 2.2.18.
- Accepted in ASPLOS ‘17, Xi’an, China.
- Featured in the tutorial, Systemized Program Analyses: A Big Data Perspective on Static Analysis Scalability, ASPLOS ‘17.
- Invited for presentation at SoCal PLS ‘16.
- Invited for poster presentation at PLDI SRC ‘16.
Enhancing Research Orchestration Capabilities at ORNL.pdfGlobus
Cross-facility research orchestration comes with ever-changing constraints regarding the availability and suitability of various compute and data resources. In short, a flexible data and processing fabric is needed to enable the dynamic redirection of data and compute tasks throughout the lifecycle of an experiment. In this talk, we illustrate how we easily leveraged Globus services to instrument the ACE research testbed at the Oak Ridge Leadership Computing Facility with flexible data and task orchestration capabilities.
Unleash Unlimited Potential with One-Time Purchase
BoxLang is more than just a language; it's a community. By choosing a Visionary License, you're not just investing in your success, you're actively contributing to the ongoing development and support of BoxLang.
AI Fusion Buddy Review: Brand New, Groundbreaking Gemini-Powered AI AppGoogle
AI Fusion Buddy Review: Brand New, Groundbreaking Gemini-Powered AI App
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https://sumonreview.com/ai-fusion-buddy-review
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✅Create Stunning AI App Suite Fully Powered By Google's Latest AI technology, Gemini
✅Use Gemini to Build high-converting Converting Sales Video Scripts, ad copies, Trending Articles, blogs, etc.100% unique!
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✅Automatically create & sell AI content, graphics, websites, landing pages, & all that gets you paid non-stop 24*7.
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See My Other Reviews Article:
(1) AI Genie Review: https://sumonreview.com/ai-genie-review
(2) SocioWave Review: https://sumonreview.com/sociowave-review
(3) AI Partner & Profit Review: https://sumonreview.com/ai-partner-profit-review
(4) AI Ebook Suite Review: https://sumonreview.com/ai-ebook-suite-review
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Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
AI Genie Review: World’s First Open AI WordPress Website CreatorGoogle
AI Genie Review: World’s First Open AI WordPress Website Creator
👉👉 Click Here To Get More Info 👇👇
https://sumonreview.com/ai-genie-review
AI Genie Review: Key Features
✅Creates Limitless Real-Time Unique Content, auto-publishing Posts, Pages & Images directly from Chat GPT & Open AI on WordPress in any Niche
✅First & Only Google Bard Approved Software That Publishes 100% Original, SEO Friendly Content using Open AI
✅Publish Automated Posts and Pages using AI Genie directly on Your website
✅50 DFY Websites Included Without Adding Any Images, Content Or Doing Anything Yourself
✅Integrated Chat GPT Bot gives Instant Answers on Your Website to Visitors
✅Just Enter the title, and your Content for Pages and Posts will be ready on your website
✅Automatically insert visually appealing images into posts based on keywords and titles.
✅Choose the temperature of the content and control its randomness.
✅Control the length of the content to be generated.
✅Never Worry About Paying Huge Money Monthly To Top Content Creation Platforms
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✅30-Days Money-Back Guarantee
See My Other Reviews Article:
(1) TubeTrivia AI Review: https://sumonreview.com/tubetrivia-ai-review
(2) SocioWave Review: https://sumonreview.com/sociowave-review
(3) AI Partner & Profit Review: https://sumonreview.com/ai-partner-profit-review
(4) AI Ebook Suite Review: https://sumonreview.com/ai-ebook-suite-review
#AIGenieApp #AIGenieBonus #AIGenieBonuses #AIGenieDemo #AIGenieDownload #AIGenieLegit #AIGenieLiveDemo #AIGenieOTO #AIGeniePreview #AIGenieReview #AIGenieReviewandBonus #AIGenieScamorLegit #AIGenieSoftware #AIGenieUpgrades #AIGenieUpsells #HowDoesAlGenie #HowtoBuyAIGenie #HowtoMakeMoneywithAIGenie #MakeMoneyOnline #MakeMoneywithAIGenie
2. Webinar Details
• Presentation is roughly 1 hour
• All phone lines are muted
• If anyone has any questions during this webinar – please type them in
your Questions Box located at the bottom of your webinar panel
3. Today’s Presenters
Howard Finestone
Sage 100 ERP ‐ Practice Director
Net@Work
Grant Griebel
Fixed Assets Solutions Engineer
Sage
6. Depreciation: Eliminating the risks of
spreadsheets
Why shouldn’t I be using spreadsheets to
manage my fixed assets?
What are the risks?
What alternatives are available to me?
Depreciation doesn’t have to be as complicated as you think
7. Depreciation: Eliminating the risks of
spreadsheets
Agenda:
• Spreadsheet dangers
• Using Sage Fixed Assets Depreciation
• Managing the entire Fixed Asset Process
Depreciation doesn’t have to be as complicated as you think
9. Spreadsheet dangers
No Audit Trail Manual Data Entry Security Concerns
Manual Formulas Cell References
No Predevelopment Design
Depreciation doesn’t have to be as complicated as you think
No Documentation
Manual Sorting
Version Control
Fraud Concerns
Inconsistent Reporting
Worksheet Updates
Sarbanes-Oxley
11. Data control
Data control with spreadsheets is a headache. Here’s why:
• Spreadsheet knowledge tied to personnel
• Introduces the challenge of “version control”
• Minimal security and access control options
• Spreadsheets do not scale well with growing businesses
• Have to incorporate formulas for changing tax law by hand
Depreciation doesn’t have to be as complicated as you think 03 December 2014
12. Data integrity
Dirty data impacts multiple parts of your business:
• Bad reports
• Inaccurate asset values
• Inaccurate asset counts
• Potential audits
Depreciation doesn’t have to be as complicated as you think
13. Real world examples:
Eastman Kodak Company
“Eastman Kodak Company restated financial
results for the first and second quarters by $2
million and $13 million, respectively, due to an
erroneous spreadsheet that calculated
severance and special pension-related
termination benefits.”
Depreciation doesn’t have to be as complicated as you think http://www.pcworld.com/article/127189/article.html
14. Real world examples:
RedEnvelope, Inc.
“Shares of RedEnvelope Inc. tumbled more than 25 percent . . . after the online
retailer of specialty gifts drastically reduced its fourth-quarter outlook” Stanford
Group analyst Rebecca Jones Kujawa said in an interview. “ . . . they were
underestimating the cost of goods sold . . .” RedEnvelope spokeswoman Jordan
Goldstein said the budgeting error was simply due to a number misrecorded in one
cell of a spreadsheet that then threw off the cost forecast.
–Michael N. Day and Stephen Talbot, “Data Validation the Best Practice for Data Quality in Fixed Asset Management,” www.amrnow.com
Depreciation doesn’t have to be as complicated as you think http://www.eusprig.org/stories.htm
15. Real world examples:
CECO
“CECO’s in-house accounting staff has discovered an
accounting error in the spreadsheet calculations used by the
Company’s construction division for its ‘percentage of
completion’ accounting. The net effect will be a cumulative
reduction in revenue of $1,969,000 over the four year period
2000 to 2003 with an equivalent charge to pretax net income.”
Depreciation doesn’t have to be as complicated as you think http://www.bizjournals.com/cincinnati/stories/2005/02/07/daily31.html
16. Spreadsheets kill data integrity
The facts:
• “64% of financial spreadsheets audited contained errors. Of those spreadsheets with errors, they
found ten had an error exceeding $100,000, six over $10 million, and one in excess of $100 million.”1
• “AMR has repeatedly found that 65 percent of fixed asset data is incomplete, inaccurate, or altogether
missing, while 10 percent to 30 percent of fixed assets are no longer owned.”2
• “30 to 90% of all spreadsheets tested suffer from at least one major user error. In addition, none of
the tests included spreadsheets with more than 200 line items, where the probability of error
approaches 100 percent.”3
1. http://panko.shidler.hawaii.edu/SSR/Mypapers/whatknow.htm 2.Data Validation the Best Practice for Data Quality in Fixed Asset 16
Management,” www.amrnow.com 3. 2007 study Tucks School of Business at Dartmouth College
17. How can Sage Fixed Assets
eliminate the risks of
spreadsheets?
18. How do Sage’s ERP Systems (like
Sage 100) Currently Handle Fixed
Asset Management?
ERP Offering Out of the Box Capabilities
Sage 100 None
Sage 300 None
Sage 500 None
Sage X3 Straight Line Depreciation only. No Tax Laws Included
Fixed Asset Management is an important part of your business,
and it is not a problem addressed by most ERP offerings.
19. Sage Fixed Assets is Designed to
Integrate with Sage ERP out of box
• Sage Fixed Assets offers
integration for AP/PO asset
creation and automated GL
postings for most ERP’s in the
Sage family.
• Integrating SFA to Sage 100
provides an enterprise solution
Depreciation doesn’t have to be as complicated as you think
20. Why should I consider integration?
We don’t need it…
Automated Process Manual Process with
chance for error Without Integration…
Purchase new
Manually export
• Data must be manipulated
assets in Sage
new asset data
ERP
from ERP AP/PO
manually, leading to dirty data
• Additional time and people
needed to format data for
export/import
• Must manually confirm that
both systems data is in sync
Format data for
SFA import
Manually import
new assets into
SFA
Run Depreciation
in SFA
Generate GL
Posting report
based on recent
Depreciation
Manually export
GL posting report
Format GL
posting report for
import
Manually Import
entries into
ERP’s GL
21. How does integration provide a
complete fixed asset solution?
Assets flow
into Sage
Fixed Assets
Run
depreciation
on assets
SFA
generates
GL entries
New assets
purchased
via ERP
AP/PO
GL entries
flow into
ERP
With Integration…
• Less manual data entry, which
means less human error, leading to
cleaner data
• Automated data flow makes
processes more efficient, saving
time
• Provides a complete fixed asset
management cycle
23. How does inaccurate asset data
impact my bottom line?
We can estimate the potential impact of
inaccurate asset counts using some
averages:
• Average federal tax rate: 30%
• Average state tax rate: 6%
• Average property tax rate: 3.4%
• Average insurance rate of 0.01 per $1
Depreciation doesn’t have to be as complicated as you think
24. Begin taking physical inventories of
your assets!
Sage Fixed Assets – Tracking
• Takes advantage of existing data in Sage Fixed
Assets – Depreciation
• Ensures when you perform a physical inventory
asset data is accurate and up-to-date
Depreciation doesn’t have to be as complicated as you think
Sage Fixed Assets – Tracking Sage Fixed Assets – Depreciation
Sage Fixed Assets Database
25. Plan, budget and place WIP’s
into service
Depreciation doesn’t have to be as complicated as you think
Sage Fixed Assets – Planning
Sage Fixed Assets
Database
Sage Fixed Assets – Planning
• Invoices are compared to budgets
• Finished assets are passed into the database