Financial managementMaximise cash reserves. A leaner and more profitable business. Today, more than ever, strong financial leadership and improved financial management are becoming major business objectives within the publishing industry.
Issues such as ongoing publishing acquisitions, expenses associated with investments in online publishing, changing consumer spending habits and deep discounting from supermarket giants, means that managing finances more rigorously is of crucial importance to sustain business viability.
Utilising a financial software package can be a great asset to your business especially if it has been designed specifically for the publishing industry. The Financial module integrated within the IBS Bookmaster Publishing system will allow for tighter control of all your accounting processes.
IBS Bookmaster’s financial modules are integrated with areas such as Royalties and Editorial & Book Production.
Accounts Receivable is covered under the book distribution section as we consider debtors and collections to be an integral part of the distribution process.
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