Trade promotion management (TPM) is critical for CPG brands looking to optimize spend, boost revenue, and align cross-functional teams. While SAP TPM has long been considered a leader in the space, it is not the only effective solution for trade promotion management today for every business. This article explores top alternatives to SAP TPM, analyzes

Managing inventory is about keeping the right balance. If you manage it well, your business runs smoothly, you save money, and your customers stay happy. But if you don’t, you might end up with too much stock that doesn’t sell or run out of products when customers want them. Inventory management is keeping the right

Whether it’s a small business or a big company, tracking inventory is vital. If you don’t manage your stock properly, you could lose a lot of money. In fact, businesses lost over a trillion dollars in 2014 because of inventory mistakes. Most inventory mistakes happen because of small problems in daily processes. Repeated small mistakes

Invoice factoring risk means the chance of losing money when selling unpaid invoices for quick cash. Invoice factoring means selling your unpaid invoices to a company to get quick cash. It helps improve cash flow, but you should understand the risks and use it as part of a smart money plan. These risks come from

Many CPG brands confuse inventory planning with inventory management, but they’re different. Mixing them up can lead to stock issues and hurt profits. Seasonal peaks, like holidays, add more pressure. It’s hard to know how much stock to order. Suppliers get busy, some items sell fast, others don’t. Order too little, and you miss sales.

CPG companies sell daily-use items and handle lots of sales, so clear and accurate accounting is very important but can be hard. The U.S. CPG industry is worth $2 trillion, led by Coca-Cola, Nestlé, Unilever, and Procter & Gamble. These brands use packaging, ads, and deals to attract buyers and win shelf space. Good accounting

Good financial management keeps your business strong. Choosing in-house or outsourcing affects more than salaries; it impacts efficiency, growth, and savings. Managing your own accounting team may seem like the right move, but it can actually cost you more. An in-house accountant, billing clerk, and finance controller can cost up to $218,800 per year. But,

As a manufacturer, efficient production is key to lasting success. Outsourcing manufacturing bookkeeping helps handle tasks from material sale to product delivery. This ensures your customers get what they need, when they need it. In 2020, the global outsourcing market was worth $620 billion. It is set to grow to $905 billion by 2027, growing

For early-stage food & beverage brands, QuickBooks can be a solid starting point. It’s easy to use, affordable, and gets the job done when your operations are simple. However, there comes a time when the business reaches a tipping point.  Many founders reach out to us when they hit a tipping point: they’re expanding to

Running a restaurant is fun, but managing money like payroll, inventory, and taxes is tough and mistakes can be costly. That’s why many owners are turning to outsourced accounting for restaurants to simplify operations and reduce stress. Outsourcing your accounting makes it easier. You get expert help, fewer errors, more savings, and clear reports for