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Transactions and financing 3 min read

IAS 36 – How to avoid the pitfalls of impairment testing?

"Impairment testing is not rocket science, and certainly not precise," writes our corporate finance expert Petri Rajala. Companies adhering to IFRS standards need to prepare for the impairment testing in accordance with IAS 36. The goal is to ensure that the recoverable amount of a cash-generating unit exceeds the carrying amount. Although the fundamental principles of the standard are straightforward, practical application can be time-consuming and complex. In this article, we present five important tips to help you avoid the pitfalls of impairment testing.

Data & Analytics 5 min read

Interim roles in data analytics and BI – how to know what role your organisation needs

Do you need to temporarily strengthen your data and analytics function? Then an interim resource could be the right solution. In this article, we'll look at some common interim roles in data analytics and business intelligence (BI) and how they can contribute to your organisation in different ways.

Salesforce, Software 2 min read

Case HappyOrNot: A seamless lead-to-cash value stream

With Greenstep's help, HappyOrNot implemented an advanced, highly automated, and seamless quote-to-cash process, where the integration between Salesforce and NetSuite significantly enhances efficiency. We have created a guide on how the process was executed and how a similar solution can benefit your company too.

Sustainability 6 min read

Interim sustainability expert helps SMEs get started with ESG work

Even though the EU's ESG legislation does not yet directly affect SMEs, the requirements may still impact them through larger customers. What should you do when bigger clients start asking about sustainability issues, but your sustainability efforts are still in the early stages? This is when it’s wise to turn to an interim sustainability expert, like Hanna Kämäräinen.

Salesforce 2 min read

Greenstep partners with Salesforce

Greenstep is a trusted partner for thousands of companies in providing financial management services and systems. To support our clients even more comprehensively across the entire lead-to-cash value stream, we have significantly strengthened our capabilities in the sales process and CRM systems.

NetSuite 3 min read

ERP Solutions: Overcoming Manufacturing Challenges

The manufacturing industry is a complex ecosystem characterized by intricate processes, dynamic supply chains, and the constant pressure to deliver high-quality products efficiently. To thrive in this competitive landscape, manufacturers need robust tools to streamline operations, improve decision-making, and enhance overall performance. This is where Enterprise Resource Planning (ERP) systems come into play.

NetSuite 2 min read

Get ahead of budgeting season: 7 reasons to integrate NetSuite with Power BI using BI Book

Whether we like it or not, budgeting season is right around the corner. One way to get ahead of the curve is by connecting NetSuite to Power BI with BI Book, and here are seven compelling reasons to do so:

Sustainability 3 min read

Diversity, equity and inclusion: What do you need to know?

Contemplate the world we live in today. Over 8 billion people spread over 7 continents. Diversity is everywhere, but inclusion is a choice to make. We're all unique, and these differences can sometimes lead to discrimination and rejection whether through direct or indirect mistreatment of employees, or by treating some employees less favorably than others. The United Nations reports that one in six people globally experiences some level of discrimination, with women and individuals with disabilities being especially impacted. By promoting diversity, equity, and inclusion (DEI) in the workplace, it is one step forward to minimize inequalities.

Integrated quote-to-cash

The quote-to-cash process encompasses all the steps from generating a sales quote for a customer to receiving payment and recognizing revenue. It involves sales quoting, order management, invoicing, payment collection, and financial reporting, ensuring a seamless transition from initial customer interest to final revenue.