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.
Learn what foreign transaction fees are and how they work, Then use our actionable tips to minimize extra costs on international payments.
Learn the importance of terminal value, how to calculate it, and its role in business valuations and financial planning for SMBs.
Learn how to calculate the accounts receivable turnover ratio, what it means for your business, and how to improve it to optimize your cash flows.
Discover what cash conversion cycle is, why it is important for business leaders to be aware of, how to calculate it, and strategies to implement to shorten yours.
Learn what strategic procurement is, what its core goals are, what the process looks like, and how to adopt a strategic procurement practice in your own organization.
Learn about purchase order (PO) systems and how they help SMBs improve their procurement processes, ensure accuracy in orders, and streamline overall financial operations.
Learn what is a W-8 form, what it's for, when to use one, and the common mistakes businesses make when using W-8 forms.
Learn how multicurrency bank accounts can help businesses reduce fees, simplify payments, and manage multiple currencies in one account.
Learn what the W-9 is, what it's for, when to use one, and the common mistakes businesses make when using W-9 forms.
Learn what a purchase receipt is, what it should include, and why they’re important in several business contexts.
Learn what days inventory outstanding (DIO) is, why its important to understand, measure, and track, and how to improve yours.
Dive deep into electronic payments. We’ll explain what they are, discuss how they work, explore common methods, and cover five of the most important benefits that electronic payments impart.