Outsourced Accounting for Businesses with Complex Inventory & Job Costing Challenges

Distribution companies confront several challenges – from inventory tracking and compliance to implementing newer technologies and mounting operational expenses. As a result, often, accounting, reporting and payroll falls to the bottom of the priority list leading to data mismatch, missed payments, severe penalties and overlooked saving opportunities.

In this webinar, speakers Jim Merrill and Teresa Chiechi will draw your attention towards the unique challenges of different segments within the distribution industry such as food, office supplies, home goods, chemicals and more. Then they will drive your focus on exploring outsourced accounting, implementing strategies and ways to proactively address accounting challenges.

Key Takeaways:

• Managing inventory is a team sport
• Managing job costing is a team sport
• Understanding the inventory and costing business cycle
• Why is an ERP super user critical?
• The importance of having an inventory accounting control manager
• The necessity for SOP’s to document all operations and accounting processes
• The necessity for constant training of non-accounting personnel
• What is the impact from failing to manage inventory