Resources on basic accounting and payment terms business owners must know.
Get the liability definition, learn what liability is, explore liability examples, and see how companies manage them for better financial security.
Discover what payment service providers are, what a PSP does, how they work, and the payment processing services they offer to businesses of all sizes.
Learn what is working capital ratio, how to calculate it using the formula, and what a good ratio indicates about a business financial health.
Regular credit card reconciliations help prevent fraudulent transactions and ensure all expenses are accounted for to support accurate financial reporting.
Learn about the importance of indirect procurement and how it can support SMB’s overall business strategy, with helpful tips to optimize this process.
Learn what is rogue spend, why it happens, and why it's a problem. Then, dive into some helpful strategies for reducing its occurrence in your business.
Understand how category management improves procurement processes. From improved efficiency to better supplier relations, learn why and how to make the switch.
Discover how bulk payments streamline your business operations. Learn the advantages and integration steps for seamless payment processing.
Dive into the importance of renewal management and discover four important strategies to implement for more effective, smarter contract renewal processes.
Single-use credit cards protect from fraud or unauthorized charges. Learn how these virtual cards keep your information secure.
Learn what purchasing is, its activities like typical purchasing process, and the common purchasing challenges and best practices for effective buying.
Discover what procurement and purchasing are, how they differ, how they work together, and best practices for improving your own procurement and purchasing processes.
Discover the power of ghost cards for seamless expense management. Our guide covers their benefits, challenges, and how to use them effectively.
Get a comprehensive overview of direct procurement and its significance in streamlining operations and improving the bottom line for SMBs.
Learn about the growing procurement-as-a-service model and see how it can help streamline businesses procurement processes.
