Profitability Checklists of the Quarter
Benefits of Accounting Software
Provide separate coding for project management and products
Improve credit management/posting
Streamline processing of travel and expense reports
Enhance the purchase order system
Support use of a corporate purchase card for small purchases and employee travel
Support outsourcing processing of freight payments
Capture tax information when source documents are processed
Reduce monthly closing time
Accelerate bank reconciliations
Integrate fixed assets with general ledger
How to Stimulate Progress
Are the goals aligned, consistent, and big enough?
Are the people retained who passionately support the organization and produce results?
Is there innovation by trial and error?
Is there breadth of leadership and succession planning and development of internal leaders who
will preserve the core and stimulate progress?
Is there an unending drive for improvement?
Are misalignments identified and corrected?
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