May 17, 2020
Accounting Software System

How Do Accounting Systems Work?

We can thank the 14th and 15th century Italian merchants for developing the double-entry method of accounting still in use today.
May 3, 2020
process control

What Types of Processes Exhibit Control?

By adopting policies and procedures, organizations are commonly trying to address one or more needs, like gaining or increasing control over their processes.
May 1, 2020
Business in China

Master the ABC of Chinese Business Negotiations

The role of back-and-forth negotiations in global business has become more vital than ever, courtesy of the booming economy in China and the ever-growing influence she has on international consumers.
April 29, 2020
Control Charts

How to Use Control Charts for Continuous Improvement

A control chart is graphically plotted SPC information. What are the most typical among control charts and how can they help with continuous improvements?
April 19, 2020
Documented Information

Document Control, How to Improve it

Document control is part of an effective system of internal controls, which is an essential requirement for compliance with standards such as ISO 9001, ISO 13485, IATF 16949, ISO 22000, the Joint Commission (formerly JCAHO), and a plethora of regulations (e.g., Sarbanes-Oxley, HIPAA).
April 6, 2020
Documented Information

What Is the Difference Between Document Control and Record Control?

We all recognize the importance of communication, but how good is our basic communication as managers?
December 4, 2019
Startup Bootstrapping

Pros and Cons of Bootstrapping Your Startup

Guerilla style bootstrapping is one of the most common paths aspiring entrepreneurs take. No matter what kind of business you’re in or whether you succeed or not: everyone respects those who put in the hustle. Bootstrapping is a romanticized idea. But, even though it can help you make it big, it also has its pitfalls. Here are the pros and cons of bootstrapping.
February 18, 2019
Cash Cycle

Do You Have Proper Cash Flow Control Procedures?

A look at four cash flow control procedure areas in which you can save $250,000 each -- for a total of $1,000,000. Learn more now.
February 11, 2019
Revenue Policies and Procedures Manual

What Are Accounting Controls and Processes?

Well-written Accounting Procedures are an important part of an internal control system (as required by SOX Section 404), but over documenting can be a detriment to internal controls.