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eCommerce, eCommerce Accounting, Omni-Channel, Retailers
Nov 12, 2019

5 E-commerce Terms Every Business Owner Should Know

Barring the rare exception, almost every business in the retail space is going to have an e-commerce presence. In fact, many of today’s most admired brands grew their initial customer base selling exclusively via a direct-to-consumer model online. A business needs to provide consumers with a frictionless digital experience if it hopes to prompt them […]
Projected Budget, Retailers
Sep 11, 2019

The Importance of Absolute Variance

Every business that deals with inventory must account for variance between their stock ledger and actual on-hand inventory. According to the National Retail Security Survey, the average retailer loses about 1.38 percent of their inventory to shrink, a loss that totals about $50.6 annually.