Posts

What is Internal Auditing and why does it Matter?

In general, people tend to underestimate the value of an internal audit program and what it means for running a successful company or any type of business. Regardless of the size of the company, managers should take internal auditing quite seriously…

Why you Should Consider Grant Accounting

Is grant accounting worth it? Before I answer this question, I just wanted to let you know that we’ve collaborated with vast top-notch universities, hospitals, and many other large organizations for a long time in order to get the right…

How to Perform an Operational Review

In this article we will discuss how to implement an operational review correctly and the steps undertaken to implement it. Steps in Operational Review process This process essentially has six steps ranging from preceding…

What are Operational Reviews!?

You should be aware of the fact that regular operational reviews are key to keeping your company at its best level of performance. In order to improve organizational performance, businesses need to constantly find new innovative ideas and solutions.…

Why ERP Projects Fail

ERP (Enterprise Resource Planning) projects should be an important segment of every successful business. They will help you reduce cost and streamline processes while providing visibility in operations which is crucial for making sound and fast…

What is a Project Manager and What Do They Do?

The practice of planning, executing, controlling, and closing a project is known as project management and is one of the crucial segments of running a successful business. Hence, the role of a project manager is of the utmost importance for…

Why Project Management Matters – What are the Top 3 Benefits of Project Management?

Business management isn't always as simple as it sounds! However, with the help of Latitude 12 and their business management solutions, you can definitely grow your business and take it to the next level. Latitude 12 is one of the best business…

Risk Register Template-The Benefits of a Standardised Approach

One of the key elements of growing a successful business is being able to identify and understand risks. In order to do so, you should seriously pay attention to risk management. Luckily, there's a pre-made Risk Register Template that will help…

What are the 12 Key Elements of a Project Risk Register Template?

Running a successful business requires lots of time and effort. However, with the help of a Project Risk Register Template, a handy tool to quickly and easily carry out a full risk management process, and Latitude 12, a business management agency…

What is Management Accounting?

As a business owner you should know that management accounting involves providing and preparing timely statistical and financial info for business managers, so they can make daily and short term financial decisions that will be best for the…