What Your Monthly Close Is Telling You About Your ERP
The monthly close is often an area of frustration for CFOs and controllers at manufacturing companies. It’s also when many of the weak spots in an ERP implementation come to the surface. Reconciliations fall behind schedule. Spreadsheets are circulated as teams work to tie out balances that do not reconcile with the sub-ledgers. Finance teams […]
Understanding Double Ledger Bookkeeping in Infor M3
Of all the intricacies of business operations, financial management stands as a cornerstone of success. Among the various methods employed to maintain financial integrity, double ledger bookkeeping emerges as a robust method, ensuring accuracy, transparency, and compliance. In this article, we delve into the significance of double ledger bookkeeping, shedding light on its legitimate uses, […]