by ASI | Dec 17, 2024 | Accounting software, Acumatica, ASI News
When it comes to managing finances, general accounting is about seeing the big picture—tracking business-wide costs and revenue to ensure tax compliance, satisfy investors, and guide decision-making. But in the construction industry, where every project has its own...
by ASI | Dec 3, 2024 | Accounting software, ASI News, Sage 100
Artificial intelligence (AI) is transforming industries left and right, from art to agriculture—and accounting is no exception. With automation and data-driven tools becoming more sophisticated, many accountants are wondering: Will AI replace us? The short answer is...
by ASI | Nov 19, 2024 | Accounting software, ASI News, Distribution, Inventory Management, Manufacturing
When people think of cost control, they often picture slashing budgets or trimming expenses. But have you thought about how tightly managing your supply inventory can be one of the smartest ways to keep costs in check? This isn’t just a concern for product-based...
by ASI | Oct 15, 2024 | Accounting software, ASI News, Sales Tax, Sales Tax Compliance
Procure-to-pay, also known as purchase-to-pay or P2P, encompasses the steps organizations take to source and acquire the goods and services necessary for business operations. The tax implications for this process can be extremely complex, and the consequences for...
by ASI | Oct 8, 2024 | Accounting software, Acumatica, ASI News
Many individuals or entrepreneurs begin with a simple idea that soon evolves into a tangible business. To get their ventures off the ground, they often need basic tools. For standard business technology, many of these new small and midsize businesses (SMBs) turn to...
by ASI | Sep 3, 2024 | Accounting software, ASI News, Financial Reporting
Historically, accounting has been bound by cycles such as the monthly close, tax filings, and annual audits, making it a retrospective function. Finance departments couldn’t analyze a high enough volume of past data in order to make predictive analytics possible....
