Picture this – the sales managers are offering 15% off electronics and computers on top of bonus discounts if they pay early. Plus, the sales managers receive a commission when they sell a product over $1,000. For accountants, one question comes to mind: how will I...
As a business owner, you're always looking for ways to increase your profits and stay ahead of the competition. One pricing strategy that can help you achieve both of these goals is volume pricing. Volume pricing is a sales strategy in which the price per unit...
Did you know that on average U.S. consumers belong to 16 loyalty programs but actively use less than half of them? However, it costs five times as much to attract one new customer than it does to keep an existing one. So, are customer loyalty programs worth the...
The age of the machines is coming. Better hop on board or get left in the dust. Artificial Intelligence (or AI aka a fancy robot/software that does the work for you) is no longer a strange term. It's the future. From apps to prosthetics to robots, technology has...
Have you ever been planning a vacation and find yourself constantly checking flight prices, or you set an alert for a specific flight to drop in price? Maybe there’s an artist you want to see in concert, but you waited too late to buy a ticket and now it’s tripled in...
Does your business turn raw materials into finished goods? Are you in the manufacturing, retail, construction, wholesale, or distribution industries? Then you are most likely dealing with a supply chain. This became a buzzword in 2020, when the global pandemic caused...
Did you know that the cost of living is the highest it has been in 40 years? Thank you, inflation! The U.S. Bureau of Labor Statistics (BLS for short) reported the producer price index to have increased 0.4% in September from August, and it doesn’t look like it’s...
Are you spending hours manually entering data? Do you flip through a dozen different platforms constantly? Are you having trouble finding what you're looking for? If this sounds like you, an ERP system integration may be the solution for you. Don’t worry though, we'll...
