To continue on this subject: granular bookkeeping is the business equivalent of instrumenting code and infrastructure for observability. Without sensible, standardized, fine-grained events that can be rolled up to financial statements, a business ops team is flying blind.https://twitter.com/zackkanter/status/1258946040926855168 …
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That’s a limitation of ERPs/accounting systems, not bookkeeping.
Thé de facto definition of bookkeeping is what I described. You’re using a more general definition. Basically, your argument is “keeping track of your business through data is good for your business.” You just said it in a fancy way.
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No - I think most companies are overinstrumented from a generic data standpoint, and underinstrumented from a financial data standpoint.
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You got some examples in a couple of different industries?
End of conversation
New conversation -
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