After a year’s postponement, new lease accounting standards will take effect in December 2021 for private companies and non-profits operating in the U.S. Under ASC 842 and IFRS 16, long-term leases must now be captured on the balance sheet. This is a significant change and makes accounting for leases much more difficult. Let's look at how to make it less demanding.
Let’s start with the basics. B2B e-commerce, short for business-to-business electronic commerce, is the sale of goods or services between businesses via an online sales portal. In general, it is used to improve the efficiency and effectiveness of a company’s sales efforts. Instead of receiving orders manually, relying on human assets, like sales reps, and communication by phone or emails, orders are received digitally, reducing overhead costs.
Flawless Inbound now has an in-house Oracle NetSuite expert! We keep sharing our Principal Solutions Architect’s success stories so that you can get an inside scoop on how NetSuite can enhance your company’s digital transformation. Read more in this article!
Flawless Inbound is now proud to have in-house Oracle NetSuite expertise. We’re happy to introduce our Principal NetSuite Solutions Architect by sharing his experience so that you can get an inside scoop on how NetSuite can transform your day-to-day business operations.
Investing in a cloud ERP is one of the most important and substantial decisions a business can make for future success. But how do you know which software solution is right for your business? Find the answers you’ve been looking for as we compare Acumatica vs NetSuite, two of the top ERP vendors that claim they are built for the modern business with advanced functionally.
If you’re new to the concept of Digital Transformation, you might (rightfully) ask yourself what it entails. Here at Flawless Inbound, we have a goal of helping 500+ B2B companies rise above the noise with Digital Transformation by 2022 – and that journey starts with understanding what it is and how it differs from Enterprise Resource Planning (ERP).