Most companies today employ automated business information systems to help with business management. The systems typically keep track of money on hand, bills outstanding, and resources used. They monitor vendors, suppliers, and what is owed or collected to or from whom.
The goal? Tracking liquidity.
Liquidity, or accessible cash flow, is vital to the survival of any organization, but it is only a short-term measure of success.
Business management software should do much more than track liquidity — in fact, good software should nurture long-term profitability by addressing, and informing the following issues:
- Identifying and nurturing more profitable items/customers/markets
- Identifying and addressing least profitable items/customers/markets
- Tracking and following-up on complaints and customer issues
- Monitoring and analysis of particularly successful sales personnel, tactics, venues
- Comparing resource costs
- Optimizing bill cycles, payments, and past-due notices
- Automating receipt/bar coding processes
- Tracking website traffic
If your business accounting system isn’t addressing the issues that truly impact long-term success, then it’s time to talk with us at Friendly Systems. We know that our customers need to track liquidity, and we are experts in business software that does just that — while doing so much more.; Let us help you optimize business software, increase profitability, and push beyond tracking liquidity.
Friendly Systems, working with distribution companies in Atlanta, Georgia.
Phil McIntosh
A long-standing xTuple partner, Phil is a great sales and implementation resource due to his deep industry knowledge and credibility. Phil is a Solution Provider in the xTuple VAR Channel and was awarded Elite Partner status in 2014.