Resources on basic accounting and payment terms business owners must know.
Discover how hedge accounting works. We’ll discuss the different types of hedging instruments that can be used, the key principles and benefits associated with hedge accounting, and compliance and disclosure considerations.
Discover what invoice discounting is and how it works. Examine the advantages and disadvantages so you can make an informed decision about whether or not it's right for your business.
Learn effective steps for accurate account reconciliation and achieve financial clarity. Read the article to streamline your reconciliation process today!
Invoice fraud is a common attempt to scam businesses out of money. Prevent cash flow disruptions by knowing how to identify and prevent fraud attempts.
Explore what an approved vendor list (AVL) is, how it can help businesses make better purchasing decisions, and the steps to take to create your own.
Learn what the accounts payable aging report is and what’s included, why AP teams should use these reports, and, of course, how to go about creating one.
See what the vendor management lifecycle looks like and the various stages that make up this process, from initial engagement to supplier offboarding.
Invoice scanning is the process of converting paper invoices into digital formats.
There's an important distinction between accounts payable and trade payable. Knowing the difference helps you master your finances and optimize operations.
Discover the process of calculating accounts payable. Learn the AP formula, and dive into three additional critical accounts payable formulas for optimizing the financial health of your business.
Your accounts payable process could be costing you money. With accounts payable internal controls, you get more security and potential efficiency.
Explore the strategic advantages of trade payables. Enhance liquidity, improve cash flow, and stay ahead in managing debts effectively.
ACH transfers and wire transfers send money directly from one bank account to another. But they differ in ways that make them best for different situations.
Learn about what optical character recognition (OCR) technology is and how it can help your accounts payable team automate its invoice processing workflow.
Is 4-way matching the right process for your accounts payable team? Find out what it is and when to use it (or not).
