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Why Stocktake Is a Governance Issue, Not Just an Accounting Exercise
For many businesses, stocktake is treated as an accounting task. Count the stock. Reconcile the numbers. Make an adjustment in the accounts. Move on. For a growing business, that approach misses much of the risk. Inventory can represent a significant investment of working capital. It can also be one of the areas most vulnerable to error, theft, obsolescence, poor controls and inaccurate reporting. Stocktake governance matters beyond accounting. A stocktake therefore tells the
Erin Wright
Sep 76 min read
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The Real ROI of Systems: Measuring More Than the Cost of Technology
Growing businesses invest heavily in systems. ERP platforms. CRM systems. payroll platforms. project management software. business intelligence tools. workflow automation. The business case often looks straightforward. The system costs $X. Implementation costs $Y. The expected saving is $Z. But this approach can miss the real value of the investment. The systems ROI of a technology investment is not simply the difference between the software cost and the hours saved. The real
Erin Wright
Aug 176 min read
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Business Reporting Is Slow Because of Data, Not Reporting
For many growing businesses, monthly reporting is a race against the clock. The finance team spends days collecting spreadsheets, reconciling data, correcting coding errors, and following up missing information. By the time reports reach the leadership team, the information is often weeks old. The response is usually predictable. "We need better reporting." Useful reporting is based on data and process, not just systems Perhaps. But in many cases, reporting is not the problem
Erin Wright
Aug 35 min read
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Business Process Design: Why Better Software Won't Fix Broken Processes
When something isn't working, the instinct is often to blame the system. The ERP is too slow. The CRM isn't flexible enough. The payroll software can't do what we need. The document management system feels clunky. The project management platform doesn't suit the business. So, the search begins for new software. Yet, after months of evaluation, implementation, training, and significant investment, the same frustrations often return. The reports are still inconsistent. Workflow
Erin Wright
Jul 275 min read
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