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.
Explore effective resource allocation strategies for small and medium-sized businesses, understanding how to best optimize the delegation of your workforce, time, and financial resources.
Learn about the four primary kinds of procurement and how the work in practice. Plus discover eight important procurement strategies and when they are best used or avoided.
Lines of credit offer flexible access to funds, only paying interest on what's borrowed. Learn the types of lines of credit, the limitations, and use cases.
Discover what prepaid expenses are, how they are recorded in financial statements, common examples of prepaid expenses, and why its important for small business owners to be on top of them.
Learn what capital expenditure is, what kinds of expenses fall under this spending umbrella, and how capital expenditure impacts cash flow and financial record keeping.
Discover what tail spend is and what it looks like, discuss how it impacts procurement costs, and dive into five important strategies for identifying, managing, and reducing tail spend.
Maximize your tax deductions and streamline cost tracking with a business mileage reimbursement policy. Get the essential tips to create an effective plan.
Dive deep into the world of smart cards. Explore what they are, their applications in business contexts, and how they compare to other financing options.
Discover whether accounts payable (AP) financing is right for your company. Dive into the various pros and cons associated, and compare it to common alternatives.
Learn how contract management works from the stages involved in the contract management lifecycle and best practices for using contracts and CLM software in your own organization.
Deep dive into e-receipts. Learn what they are, how they work, and why e-receipts they’re better than paper receipts in almost all cases.
An effective cost reduction strategy helps businesses right-size expenditures and improve profitability without sacrificing service quality and growth.
