The analysis of key information of any business is an important prerequisite for its successful operation. With the advent of mobile networks and e-commerce, all business is flooded with a massive amount of data which has to be distinguished from information.
Most of the software solutions, particularly on ERP platforms, do provide several reports from each module of accounting, be it on accounts payable, receivables, procurement, costing and general accounting. However these reports need to be validated constantly to see if such plethora of reports provide endless amount of data without providing adequate focus on the key information. This is critical for a business for continuous evaluation of the processes and their respective outcomes. Further, it is necessary to analyze and ensure that the right information is available to the right person at the right time. If an executive has to constantly mine for the data which is critical for his operations or if the reports contain data which is not entirely relevant to his/her performance, the very purpose of such reports is defeated. Some examples of such irrelevant data which can lead to a wrong communication and inference are as follows:
TaurusQuest provides accounting services with vast experience in handling a number of software such as Quickbooks, SAGE, Great Plains, SAP and Oracle and has a good idea on the report formats and information flow on the various ERPs. TaurusQuest has the advantage to cull out the best of systems and reports from the different software across several industries, complete the records and post them by the time the client starts his or her work next day (due to the difference in time zones) and constantly interact with the clients to provide the right report to the right person. This results in utmost client satisfaction and success in their venture, in the least turnaround time.
The views expressed are that of the author’s and TaurusQuest is not responsible for the contents or the views expressed therein. If any part of this blog is incorrect, inappropriate or violates the IP rights of any person, please alert us at firstname.lastname@example.org. We would take immediate action to correct any violation.