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!
Are you waiting for clients to pay their invoices? Here's what you need to know about invoice factoring as a short-term cash flow solution.
What is a routing number? It's a 9-digit code used in the US banking system. Learn how routing numbers work and why they're important for financial transactions
EDI, or electronic data interchange, is often confused with ACH and EFT. Find out what EDI payments are and how they differ from other types of payments.
Payment management software is any software designed to support a business in the process of payment management.
Sending remittance advice to give information about your payment is an accounting best practice and courtesy to your suppliers and vendors.
While all vendors are different, follow these vendor relationship management tips to get started on the right path to building better business relationships.
What is an e-Bill? Learn about electronic billing (e-Billing) a modern method of generating and sending invoices online. Discover the benefits and how it works.
A virtual credit card (also known as a virtual card) is a temporary digital card number that is used for online transactions.
Want to know how an international wire transfer works and how to send one? Concerned about security, timing, and fees? Here’s everything you need to know.
What is an eCheck, how to send one, and what are the benefits of using this payment method compared to paying with paper checks? Find out more here.
An international bank account number (IBAN) identifies an international or overseas bank account according to a standardized international numbering system.
An electronic funds transfer (EFT) is a secure and convenient way to electronically transfer money from one bank account to another. Learn more with BILL.