When running a small to medium sized business, it's a good idea to:have just enough stock on hand to deliver customer orders on timeensure sales to customers generate sufficient profits to cover all running costs and a reasonal rate of return for your inv...

Why would anyone bother with document management? Quite common in the Legal Industry where multiple documents are associated with each matter and it is important to quickly retrieve information based on key word searches.Document Management is also growin...

Most accounting systems can handle general business needs without too much fuss. As long as your business sells straightforward products using a simple pricing model, then it's probably OK to stick with a run of the mill accounting system.But what if your...

Growing businesses tend to adopt more complex processes over time as the workload is spread among staff to improve throughput.As more staff come on board they need to be educated quickly on those processes and expectations otherwise mistakes can be made t...

The Rio Tinto / Stern Hu bribery trial in China is a reminder of one way of growing a business that may have risky consequences.A better approach would be the traditional method of ensuring you have great products (or services) at reasonable investment an...

Changing over to a new accounting system is often considered a good way to improve cash flow and profitability. For example, tighter stock control and better forecasting will result in lower stock holding costs as just enough stock is held to avoid stock ...

This week, Sybiz Business Partners from around the world attended the Sybiz International Conference at the Seaworld Resort, Gold Coast in Queensland.Sybiz this year celebrated 35 years in business and showcased 2010 product releases including Advanced Jo...

A good Business Accounting System will help you accurately record your business transactions such as revenues and expenses, assets and liabilities. You do this to ensure that all your income is properly invoiced and collected and you maintain control over...

If your business sells products, then it's worthwhile reviewing your stock management systems to see if you can improve your efficiency and reduce your procurement and holding costs.Areas to consider in your review include:sales forecastslead times and qu...

There's nothing wrong with buying an off the shelf accounting, payroll or CRM system if it meets most of your current needs. If, however you feel your business will grow over the next few years, you should consider the configurability of your business sys...