Reading this morning's Queensland Courier News (Article), it was quite confronting to see the number of small businesses in one specific region that have closed its doors in the last 4 years. This could be anywhere in Australia and seems to be an inherent problem for any small business no matter the location.
ERP solutions like SAP Business One can offer a number of benefits that accounting software struggles to compete with.
Effectively managing your company’s cash flow is an essential part of creating a prosperous and sustainable business future. However, for smaller businesses, balancing the need for efficient accounting processes while increasing operational workloads can be a challenge.
Recently in the Business Intelligence realm, we at Key Business Solutions have been encountering more and more SAP Business One (SAP B1) customers. While still somewhat small, this community of users is growing – and they are mighty passionate about their Enterprise Resource Planning (ERP) system. On top of that, this group is dealing with a technology[...]
In today’s around-the-clock, around-the-world business culture, we at Key Business Solutions know that flexibility is the key to remaining competitive. More specifically, flexibility in terms of how you access, manage, and analyze your company data should empower on-the-go professionals. Moving past what SAP Business One is offering users in terms of[...]
Recently, Key Business Solutions has been hearing a lot of chatter around the differences, strengths and weaknesses of budgeting and forecasting as two separate processes. We’ve seen the following perspective grow in popularity: forecasting might be more effective to planning for modern business than traditional budgeting. We’re committed to staying on[...]
Budgeting is one of those unavoidable tasks that most of us would prefer to avoid, especially when budgeting and/or forecasting for a corporation of multiple moving parts. At Key Business Solutions, we wonder if it has anything to do with the tool you are using to tackle your planning processes. Any healthy sized organization can likely agree that[...]
As companies begin to scale, they are presented with many operational challenges. Smaller businesses typically have the advantage of ease of communication and organization, but as they grow, keeping departments and multiple staff members interconnected is challenging to manage. To combat these issues effectively, it's essential to incorporate[...]
In this post we'll focus on how to get a solution for a bad budget software implementation.
Most small businesses are looking for software that is easy to use and allows them to manage their cash, plus provide their external accountants with enough information to do their tax return.
