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Accounting for Manufacturing Businesses

Michigan CFO

Manufacturing accounting differs greatly from accounting in other industries. Regardless of what your company manufactures, one of your objectives is to increase your revenue. Here are some important accounting and manufacturing terms. Your Reliable Partner for Accounting for Manufacturing Businesses.

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Modern FP&A: The Key to Simplifying the Complexities of Manufacturing Budgets 

Centage

For manufacturing and distribution organizations, this can be especially challenging. Manufacturing facilities must consider their production line capacities, their customers’ end product projections, and fluctuating material costs as they design their revenue goals and inventory requirements. That’s a lot of moving parts.

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CFO for Manufacturing Companies

Michigan CFO

In the world of manufacturing, where processes run thick and bottlenecks are known to arise, CFO services play a critical role in helping organizations steer towards efficiency, profitability, and longevity. The Evolving CFO Role in a Manufacturing Company. Digitalization is changing the way manufacturing is performed worldwide.

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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

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Streamlining Financial Processes with Cloud-Based Solutions

CFO Plans

Unleashing Efficiency with Cloud-Based Accounting Software In today’s fast-paced business environment, efficiency is no longer a luxury but a necessity. For modern businesses, particularly those navigating the complex waters of financial management, SaaS-based accounting software has emerged as a game-changer.

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Cash Flow Forecasting That Sees The Forest From The Trees

PYMNTS

The same principal holds true when it comes to forecasting cash flow. The traditional task of cash flow forecasting supplemented by machine learning and artificial intelligence, “can provide users with more accurate visibility into future cash liquidity positions and suggested actions to take based on those predictions,” she said.

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Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast

PYMNTS

Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Power’s pre-COVID-19 forecast and 11.3 This represents a significant improvement from May when retail sales were off 20 percent from the pre-virus forecast. percent decrease compared with J.D.