Download our white paper “10 Best Practices for Accounting Processes”, with concrete action step that have realized savings and improved efficiency for organizations just like yours.


Make Money with Your Data

  Less than thirty years ago, most small and medium-sized businesses knew their customers personally and had a depth of wisdom on their customers, best and worst.  The local butcher knew which cuts of meat his patrons liked best. The baker knew when people came in for their bakery items.  The barber knew the preferred hair cuts and shave types of his ‘regulars’ and when to expect them to arrive for their next hair cut.Between big box stores, global manufacturing and the internet, business as we knew it has transformed.  However, with that transformation has arisen new transactional data, called Big Data, to help everyone across companies understand and help their customers better than ever. And it’s not just big enterprises with sophisticated IT capabilities that benefit from Big Data. Thanks to cloud-based providers—which offer access to massive amounts of data, and the ability to analyze it, without great cost—today’s small businesses can use Big Data to better understand customers, optimize operational efficiencies and better plan for the future. Free Big Data-enabled services You’re probably already using one or more of the many cloud services offering Big Data capabilities. Google Analytics, which can help you understand where your web traffic comes from, how site users behave and optimize your site to convert visitors to customers. Twitter, Facebook and Yelp, which can provide real-time insight into customer sentiment about your brand. LinkedIn, employing specific keywords to find prospects, partners or job candidates. QuickBooks, which offers free industry-wide data analytics. Government sites, to search for census, economic, or environmental or weather data. Public databases like CrunchBase, which offers information about the...

Benchmark your IT Costs

http://www.gartner.com/technology/metrics/   1. The Purpose to Do IT Spend Benchmarking CIO must do some benchmarking not only to justify the dollar amounts spent but also to make sure that the company is spending a reasonable portion of its revenue on IT relative to other companies in the industry to be able to keep it in business in the long run. Cost Optimization: Adjustments should be made to these IT spending numbers by shifting the spending figures on a yearly basis after closely evaluating the key IT performance metrics in a micro and macro environment to achieve cost optimization for the business. The bottom line is that the CIO should be able to show that with the multi-million dollar investment in IT that he is proposing, the company will achieve a lower overall expense in the future. IT spending per worker seems to be more consistent but still widely variable. What is always true is that there will be IT spend that can be cut or avoided and there is more value that can be extracted. Benchmarking is a way of learning from other organizations: Comparing to external benchmarks is a healthy exercise and positions the CIO as a critical thinker who assesses the company from both an internal and external perspective. Tangible benefits can also be realized. But it is not to construct measures to beat the internal organization into submission. Sadly such crude measures have led organizations to make decisions that are based on short-term cost savings that lead to higher costs downstream or even worse, loss of competitive position. Most CEO & CFO are interested in benchmark data...
  • The Expense Management solution and integration tool Logicon created and implemented has helped immensely in speeding up our expense re-imbursement process.  We now have visibility to all expenses that we never had before.

    Danny R, Software company

    Danny R, Software company
  • We have used Logicon on a series of projects to help with our accounting and bill payment processes. They also supplied us with a part time controller for a $12 million warehousing company. They were very helpful in a larger project, which was trying to manage a $25 million transportation spend.”
    Logicon is a wealth of knowledge and their superior computer skills, from Excel through to Monte Carlo simulations, was a great benefit to us.

    Steve B, CFO, Supply Chain company

    Steve B, CFO, Supply Chain company


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