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Written by Bob Scott
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Wednesday, 22 February 2012 14:25 |
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Last week, the discussion in this space was about the role of CPAs in business intelligence. While it is not clear how interested accountants are in doing that or how adept they might be, the interest of companies that sell products and services to tax and accounting firms is growing in providing analytical tools. And why not, the vendors have all that customer data.
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Written by Bob Scott
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Tuesday, 14 February 2012 05:28 |
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A few years ago, companies that included Thomson, CCH and Sage started marketing products that let users perform scenarios within financial statements. They could change entries in profit and loss statements or on balance sheets and the numbers would ripple through the system. They could also calculate ratios as part of providing clients insight into their businesses. These tools are part of business intelligence, although by no means all of the capabilities that fall under that often-abused term.
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Written by Gene Marks
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Friday, 10 February 2012 03:28 |
 Here's a myth: a box of baking soda keeps a refrigerator smelling fresh. Maybe that's the case for some people, like New Yorkers who eat out most of the time or families that, well, clean their refrigerator. Our house has three teenage kids and two working parents. We don't have the time to clean our refrigerator. It really smells. That's because if the food doesn't get eaten; it usually just crawls away on its own. A pallet of baking soda wouldn't make much of a difference.
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Written by Edi Osborne
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Wednesday, 01 February 2012 20:38 |
 Behind every well-run business there are people and processes. Incidentally, behind every struggling business there are people and processes. Read the first two sentences again, it is not a misprint. The very same components that make one company successful are also present in those who struggle to get by.
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Written by Bob Scott
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Wednesday, 01 February 2012 05:23 |
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While social media is a relatively new set of tools, one of the problems it can produce is a pretty old one. And that is the failure of organizations to establish rules that enable a business to have a consistent voice in the market. And the fact that firms are not training their employees in the use of social media should ensure that this old problem affects new tools as well as old ones.
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