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The Basics of GL Coding

Posted by Mihlfeld & Associates on Nov 20, 2018 7:45:00 AM
The Basics of GL Coding

First of All - What is a GL Code?

A General Ledger Code (GL Code) is a string of alphanumeric characters assigned to each financial entry in an organization’s ledger. A GL Code can indicate basic information such as a debit or credit by location or provide highly specific details about an entry through a GL String. A GL String is made up of a combination of numbers and groups of numbers that when applied uniformly can categorize every point of information for an entry.

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Topics: Invoice Processing, Technology, GL Coding

Common Objections to Updating Your Logistics Technology: Debunked

Posted by Mihlfeld & Associates on Nov 15, 2018 7:45:00 AM
Objections to Updating Technology-1

There are many reasons why organizations chose to review their Logistics program in 2018: rising transportation costs, proposed tariffs on imported goods, a reworking of NAFTA, an uptick in manufacturing, and an overall increase in economic activity brought on by low unemployment and renewed consumer confidence.

As freight issues and transportation spend are put under the microscope from the C-Suite, it is the perfect time to review your Logistics Technology and make an update.

Below are the 9 most common objections to updating Logistics Technology – Debunked!

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Topics: Cost Reduction, TMS, Logistics Technology, Technology

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Mihlfeld & Associates

Logistics & Technology 

We specialize in custom solutions for transportation management, software, cost reduction, invoice processing, and much more. In short, we exist to save your company money on transportation and logistics. We hope this blog helps you in your journey toward better transportation practices.

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