In this article, we’ll discuss selling price variance (SPV). SPV is the difference between the sales price of goods sold and the standard selling price, which is the average of your costs plus your desired markup percentage over time. SPV can be used to identify issues with markups or with defective units, but it’s not […]
Smart organizations strive to improve their performance, efficiency and results at every opportunity. To do so, they monitor and analyze their data to understand their progress and make necessary adjustments along the way. By tracking supplier performance analytical insights, businesses can evaluate the quality of their current suppliers and make informed decisions about whether or […]
With a spend analytics solution, you can turn your spend data into opportunities by revealing the meaning in the mass of information it gives you. Spend analytics solution helps you transform procurement value through visibility and control of enterprise-wide spending. A spend analytics solution does this by providing you with access to insights that allow […]
There are many different Sources Of Internal Data available within any organization. Some of these include customer profiles, sales analysis reports, inventory analysis, production reports, cost analyses, marketing budgets, and profit-and-loss statements. Sales Analysis Report Analysis reports often contain a lot of Internal Data Sources and if they’re developed with the right technology, you can […]
A well-implemented spend management strategy will positively impact the bottom line of your company in more ways than one. For example, having strong supplier management practices allows you to negotiate better pricing from your suppliers and create more opportunities for other areas of your business, such as category management and inventory management, to succeed. Keep […]
Nowadays, it’s very difficult to run your business alone, and many companies turn to outsourcing to save on costs and expand the range of products they can offer customers. While outsourcing can be a great decision, it can also make your company more vulnerable if you aren’t careful about choosing the right suppliers performance evaluation. […]
Every day we make many small spending decisions, and if not for our unique Spend Cube, we could easily blow all of our money on things that don’t matter to us. The Cube allows you to prioritize your spending by categorizing it in the way that makes the most sense to you and your personal […]
Spend Management Software provides a streamlined solution for easy and efficient management of your company’s spend, including the ability to integrate with SAP. It is a cloud-based solution that helps you manage your business spends. From procurement to compliance, we keep track of all your spending activity in one place. Our platform provides complete visibility […]
Social Sustainability is a tool that helps businesses identify and measure their social, environmental and economic impact. This allows them to also track the progress they are making towards sustainability goals. The world is going towards a more sustainable future. As society grows, more and more people are becoming socially conscious and want to help […]
PPV accounting is an accounting application that helps small business owners to manage their finances. It allows them to record expenses, income and more at the touch of a button. It provides financial software, expertise, knowledge and industry experience to companies of all sizes. Our goal is to help you get the most out of […]