Accounting dates back to a time long before computers were invented, yet, it’s so important to business that it often rides on the leading edge of technology. The profession relies on the ability to create, manage and retrieve records and build financial reports at the drop of a hat. At one time, this was all […]
Budgets are essentially the roadmap for every business and its future. If business, and even individual departments, don’t have clear budgets in place, the business goals will be clouded and the parameters you need to work within will be unclear. With a clear budget and goals in place, team members can measure success and failure […]
As business trends focus on the lean, the agile, and the nimble, the market for business tools expands. Coupled with huge leaps in technology over the past 5 years and echoes from a recessionary global economy, the result is that many businesses start on a sparse budget. Clunky organizational techniques and personnel (and the budget […]
Deal probability brings a dose of reality to your sales forecasts. Turning on probability in Pipedrive not only gives you a more sophisticated data set but its standardized and automated nature means that the data you see is more likely to be up-to-date and usable for management decisions.
Let’s face it. I use phrases like this in my writing a lot (see my last post), but there’s a lot of things that need to be faced! … Like sales forecasting. Yes, sales forecasting can be a bit tricky but to your business, it’s absolutely necessary. Accurately forecasting your sales means planning deals, identifying […]
Viewing your actual bank balance alongside your Dryrun cash flow forecast and budget can help you visualize exactly how much cash you have on hand right now. Unfortunately, it can give you a false sense of where you really are cash flow-wise.