Xledger

01/14/2025

What is ERP? A Comprehensive Guide

As organizations grow large and complex, departmental cooperation and smart processes become critical components of scaling a business. Over time, every organization hits a plateau where spreadsheets and documents simply aren’t enough – that’s where enterprise resource planning software comes in, supplying an effective and convenient operational backbone for organizations to grow and develop. But […]

01/07/2025

Law of Supply and Demand Defined

Striking the right balance between a price that drives demand without underselling your products or services can mark the difference between a business that thrives and one that doesn’t survive. Charge too much, and you might scare away your customers. Charge too little, and you could face challenges with growth. That’s why business owners and […]

10/29/2024

What is a Financial Report?

Every company, whether large or small, relies on sound accounting practices for success, and financial reporting plays a critical role in this process. At the core of every financial reporting process, there is a financial report. But what is a financial report exactly? And what information is included? Let’s take a closer look.

10/24/2024

What Is Procurement? A comprehensive guide

As organizations scale, it quickly becomes evident how critical it is to have strong processes in place that ensure healthy financial practices and standardization across the organization. Without proper standard procedures in place, particularly on the financial side, organizations can quickly spiral out of control which can lead to serious problems. At the core of […]

10/17/2024

How to choose the right Business Intelligence (BI) tools for finance

Implementing a BI tool for finance is not an initiative an organization can simply perform overnight. It takes planning, training, and a substantial investment of funds and resources. As a result, the responsibility of choosing the right BI tool can weigh heavily on CFOs’ shoulders. But with so many options available, how can CFOs ensure […]

10/15/2024

Best accounting software for lean startups

By operating outside the boundaries of convention, lean startups can quickly pivot and remain agile, giving them a competitive edge that most traditional enterprises cannot match. However, to remain flexible, they need processes and software that support their methodology. That’s particularly true when it comes to their finances. Having the right accounting software to keep […]

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Check out our Blogs: The Art of Accounting

Accounts Payable vs Accounts Receivable: How Are They Different?