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

Today, businesses want to save money, work faster, and grow more easily. Outsource AP to experts for easy billing and payments. AP is now key to finance and vendor management. Ecommerce companies outsource to meet trends and customer needs, cutting costs, saving time, and boosting growth. Outsourcing also supports brand development and helps improve your

Outsourcing accounts payable has become a smart move for businesses of all sizes. It aids to reduce costs, enrich accuracy, and save time. With so many providers out there, choosing the right partner is vital. AP outsourcing was worth about USD 589.23 million, and it’s expected to keep growing, according to Capactix. The right AP

Finance work is getting faster and smarter with automation and AI. AP automation helps by capturing invoices, checking details, and getting payments approved quickly. AI gives real-time updates so businesses can make better money decisions. Outsourcing AP can cut costs by up to 70% and speed up invoice processing to 3–5 days. It also reduces

The accounts payable process aids businesses to handle and track payments they owe. But what are accounts payable? It’s the money a company owes for goods or services it has already received. The firm records these unpaid bills in its accounting system. AP improves cash flow, keeps suppliers happy, and ensures accurate reporting. A smooth