Nanonets

JUNE 12, 2024

Adaptive Smoothing : An advanced version of exponential smoothing that adjusts weights based on data fluctuations. Adjust Inventory Levels: Inventory levels can now be adjusted for each item based on it's categorization. Category B: Maintain a medium level of inventory, balancing availability and carrying costs.

Automation 52

Automation Adjustments Risk Assessment Process 52

EBizCharge

JULY 8, 2024

It delivers a transparent picture of the company’s financial well-being, facilitating the analysis of revenue growth and cost reduction opportunities. By comparing income statements from different reporting periods, businesses can track their financial trajectories and adjust their business strategies accordingly.

Adjustments 52

Adjustments Accounts On-Demand Finance 52

EBizCharge

MAY 2, 2024

Pricing adjustment: Next, the business adjusts its pricing. This might mean slightly higher prices, with the processing costs factored in. Final step: If it’s a cash discount system, customers who pay with cash get a lower, adjusted price since they don’t trigger any credit card processing costs.

Credit Cards 52

Credit Cards Process Processors Legal 52

EBizCharge

JUNE 26, 2024

Cost of goods manufactured vs. cost of goods sold: How to calculate each Cost of goods manufactured (COGM) and cost of goods sold (COGS) are two essential calculations in manufacturing accounting that inform the valuation of inventory and cost management.

Accounts 52

Accounts Product Best Practices Process 52

Nanonets

NOVEMBER 14, 2023

Managing Costs and Risks: Cost management is a key aspect of procurement strategy. It involves negotiating favorable terms with suppliers, seeking cost-saving opportunities, and budget management. This continuous evaluation helps in refining procurement processes and strategies over time.

Assessments 52

Assessments Risk Risk Management Mitigation 52

Payment Savvy

JULY 12, 2024

Key Considerations When Choosing a Payment Service Provider Selecting the right PSP involves evaluating several critical factors to optimize cost management and operational efficiency: Transparent Fee Structures PSPs levy various fees, including setup fees, transaction fees (flat rates or percentages), and potentially monthly fees.

Debit Card 52

Debit Card Online and Mobile Banking Payments Zelle 52

The Finance Weekly

NOVEMBER 12, 2024

Essentially, it involves taking the previous year’s budget and adjusting it slightly—either adding or subtracting a fixed percentage based on projected needs or goals. This method’s simplicity makes it popular among organizations with stable financial environments or where cost drivers remain fairly consistent.

On-Demand 52

On-Demand Process Adjustments Accounts 52