What is Business Intelligence?

Before we dive into the details of a Business Intelligence (BI) Software, you must be wondering if this is something for you. Right? If not, why would you be interested in

What is Machine Learning?

Have you guys ever wondered how Facebook is able to perform facial recognition? Or how companies are able to bombard you with the products all over social media? Have you

What is Computer Vision?

Computer vision is a field of artificial intelligence that is concerned with the automatic extraction and analysis of useful information from images. This technology being impressive in its own right,

What is Cycle Counting?

Cycle counting is basically a process where you look at all of your items and you decide how many times you want to be counting these items per year. Based

Manufacturing Suspense / Pool Accounting

Pool Accounting Pool Accounting is an accounting term for manufacturing, the process usually relies on a temporary account before the cost of manufacturing is re-allocated correctly. The temporary account can be called

Journal Entries

Recording transactions and using them as investigative tools is nothing new. In fact, this is a common exercise in accounting practices. Nearly all transactions are recorded as Journal Entries and
SmartB: Cloud ERP for SMEs

What is ‘Backflush Costing’?

According to Investopedia, Backflush Costing is a concept that is used in the production or inventory management. "It is a product costing system generally used in a just-in-time inventory environment. Instead