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Resources on basic accounting and payment terms business owners must know.

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What is a payroll account? Definition & importance

Learn what a payroll account is and its importance in managing employee payments and maintaining financial organization.

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What is a vendor number? How to find it & how to use it?

Learn what is a vendor number, why these unique identifiers are essential for accurate payments, and the best ways to find and manage them.

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What is a warm card & how does it work? Definition & benefits

Learn what is a warm card and how it helps businesses boost cash flow by allowing employees to make secure, deposit-only bank transactions.

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Learn about tax compliance

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Accounts Receivable

What are reimbursement receipts and how to manage them

Reimbursed expenses have document requirements. Get familiar with reimbursement receipts, what information is required, and how to streamline the process.

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Accounts Receivable

Startup valuation: Definition & how to calculate

Discover the importance of startup valuations, common challenges in determining how much a company is worth, key factors that influence valuations, and common methods used by investors.

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Business Basics

Current assets: Definition, examples, and why they matter

Current assets impact your business’s ability to meet short-term goals and maintain steady cash flow. Learn how and what you can do to optimize them.

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Capital

What is hedge accounting?

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.

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Accounting

Invoice discounting: What it is & how it works

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.

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Spend Management

Account reconciliation: Definition, types & best practices

Learn effective steps for accurate account reconciliation and achieve financial clarity. Read the article to streamline your reconciliation process today!

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Spend Management

Foreign transaction fees: Definition and how to avoid them

Learn what foreign transaction fees are and how they work, Then use our actionable tips to minimize extra costs on international payments.

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Payments

The importance of terminal value: Definition and formula

Learn the importance of terminal value, how to calculate it, and its role in business valuations and financial planning for SMBs.

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Business Basics

Accounts receivable turnover ratio: Definition, formula & examples

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.

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Accounts Receivable

Cash conversion cycle (CCC) : What is it and how does it work?

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.

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Capital

What is strategic procurement: A guide to a good procurement strategy

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.

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Payments

Purchase order system: What is a PO system & how it works

Learn about purchase order (PO) systems and how they help SMBs improve their procurement processes, ensure accuracy in orders, and streamline overall financial operations.

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Accounts Payable