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5 Ways to Improve Finance Operations for SMBs

Precoro

million businesses in the United States qualify as small businesses, making up 99.9% They oversee regulatory reporting requirements, such as filings with government agencies and regulatory bodies, and ensure that the organization operates within legal and ethical guidelines. of all U.S. businesses and employing around 61.6

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GAAP for Accounts Payable: What it is and why it's important

Precoro

Around the world, governments and regulatory bodies have established guidelines for companies’ accounting departments to follow when it comes to bookkeeping. Let’s take a look at how following standardized guidelines can benefit companies and, specifically, their AP departments. What is GAAP?

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Supply Chain Matters News Capsule Update April 25 2022

Supply Chain Matters

Electric vehicle automaker Tesla indicated on Friday, that upwards of 8,000 workers began to return to the company’s Shanghai based auto assembly facility but are required to undergo two COVID daily tests as part of local government guidelines. Workers are scheduled to work two twelve-hour shifts, six days per week.

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Value-Based Purchasing in Healthcare Explained

Precoro

Approximately 25 percent of healthcare spending in the United States is considered wasteful. Adopting a procurement system Cost-efficiency is an important part of value-based purchasing. Without a comprehensive approach to procurement, medical institutions risk overspending on supplies and services.

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50 expert tips on supply chain management

6 River Systems

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. In fact, for its Georgetown, Kentucky, factory, more than 350 suppliers are located in the United States and more than 100 inside the state of Kentucky.”

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26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count.

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I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response?