Resources on basic accounting and payment terms business owners must know.
Learn what cash management is, why it matters, key activities, challenges, and strategies to improve cash management and strengthen business liquidity.
Learn the expense recognition principle, how it works, why it matters, and how to apply the expense recognition principle accurately with modern tools.
Learn what hyperautomation is, how it works, key technologies, benefits, challenges, and real business use cases to improve efficiency and decision-making.
Learn how chargebacks work, common causes, and effective strategies to minimize risks and prevent costly disputes for your business in this comprehensive guide.
Learn what bookkeeping is, how to track finances, manage records, and the difference between bookkeeping and accounting for your business.
Learn what is operating margin, calculating with the operating margin formula, and how it compares to other profitability measures like net and gross margins.
Learn what is a transaction fee, the different examples of fees businesses face, and strategies to minimize transaction fees to boost profitability.
Learn what is variance analysis, the different types, the formula for calculating it, examples, and how to perform variance analysis to improve financial health.
Learn what is liquidity management, why it's important, the different types of liquidity, and best practices for effective liquidity management in your organization.
Discover what accounts receivable factoring is, the types of companies that commonly engage in AR factoring & why accounts receivable factoring is beneficial.
Learn what enterprise risk management (ERM) is and how it helps businesses plan for risks, maximize returns, and navigate uncertainties effectively.
Learn what is a variance report and how it helps businesses maximize profits. Grasp the variance report formula and how to get started with variance reporting.
Learn what is accounts receivable days & why AR days is crucial for businesses. Discover the AR days formula and how to calculate accounts receivable days.
Learn what is burn rate and how to use the burn rate formula to assess spending rate. Explore effective strategies to manage and reduce their burn rate.
Learn what a static budget is, how a static budget is an example of budgeting, how it compares to flexible budgets, and the pros and cons associated with it.