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

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What is a DUNS number & why it's important for businesses?

What is a DUNS Number and why does your business need one? Learn how this 9-digit identifier impacts your business credit, credibility, and partnerships.

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What is an ACH hold? Why it happens & how it works

What is an ACH hold and how long does it last? Learn why banks restrict funds, common triggers like large deposits, and how to prevent cash flow disruptions.

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What is a virtual credit card? Definition & how does it work

Learn what are virtual credit cards and how do they enhance online security, set spending limits, prevent fraud, and manage business expenses with ease.

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Learn about tax compliance

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Accounts Receivable

What is vendor contract management: The process & best practices

Learn what vendor contract management is, how it's beneficial, how it works, and cover best practices for implementing a supplier contract management practice in your own organization.

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Accounting

Cash and cash equivalents (CCE)

Learn more about cash and cash equivalents, company current assets that are either cash or can be converted into cash.

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Accounts Receivable

Payment reconciliation: Definition, steps, and examples

Learn about payment reconciliation for small and medium-sized businesses, including the necessary steps and expert tips to streamline the process.

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Payments

Internal rate of return (IRR): Definition, formulas and examples

Learn what internal rate of return is, how IRR is used to evaluate investments, and how to calculate it using formulas and examples to help business decisions.

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Estimates

What are FX payments: A guide for businesses

FX payments are key to sourcing goods globally. Learn how the different factors affect costs with actionable steps to manage payments effectively.

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Payments

Discount payback period: A 101 for small business owners

Explore all things discounted payback period, explaining how it differs from the standard payback period, how to calculate it, and the various pros and cons associated.

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Capital

Discount rates: What are they and how are they used?

Discover what discount rate is, why it’s used, and how to calculate it, diving into some examples to illustrate.

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Capital

Discounted cash flow (DCF): What it is and how it's calculated

Discounted cash flow (DCF) simplifies complex financial decisions by valuing future earnings today. Explore how DCF can guide your business investments.

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Capital

Global sourcing basics: Definition and strategy

Global sourcing offers cost savings and scalability by leveraging international suppliers. Explore its benefits and challenges for your business.

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Accounts Payable

What is strategic sourcing? Definition and importance

Learn about the importance of strategic sourcing and how it can help SMBs streamline procurement, save money, and support better relationships with suppliers.

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Accounts Payable

Statement balance vs current balance

Understand the differences between statement balance and current balance, and learn how to manage your credit account effectively to avoid interest and fees.

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Spend Management

Supply chain management: Definition, processes, and examples

Learn the definition of supply chain management (SCM), how the process works, examples of supply chain management, and why it’s important.

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Business Basics