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Financial Decisions from accurate data
Profitability Reports
It's crucial for e-commerce companies to focus on profitability reports rather than just revenue because these reports provide a more comprehensive view of financial health and business sustainability. Here are some reasons why:
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Sales Forecasting
Sales forecasting is critical for e-commerce companies because it provides insights that are essential for strategic planning, resource allocation, and overall business management. Here are several key reasons why e-commerce businesses benefit from robust sales forecasting:
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Inventory Accounting
Including inventory as part of accounting is critical for e-commerce companies for several reasons, all of which contribute to accurate financial reporting and efficient business operations. Here are the main reasons why inventory should be thoroughly accounted for:
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I have been working with ACCOM for a number of years, they save me so much time each month. This allows me to spend extra time on the business and the insights from an eCommerce perspective are fantastic.
Debbie Greenall
St Helens, UK
We have work with ACCOM as a virtual finance director. Working with the ACCOM team has given us some great insights into our spending and stock levels. Using the data provided in the monthly insights allows us to make decisions on the spot.
Harry
Vendi, UK
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