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.
Review this guide to understand what an accounts payable trial balance report is and how it can help you maintain accurate financial records.
Learn what invoice matching is and why you should adopt it, the difference between the 3 different options, and get best practices for a more efficient matching process.
Review what the vendor billing process is, how it works, and best practices for managing vendor invoices efficiently.
Learn the meaning of P-card. Purchasing cards (also known as procurement cards) can save your business time and increase efficiency.
Discover what invoice verification is, why it's important, what a simple five-step process to follow is, and what best practices are for a more efficient process.
Feeling a bit overwhelmed by the various reports your AP software offers? Discover the top 12 accounts payable reports and how to use them to track performance.
Budgeting and forecasting empower businesses to anticipate and plan for the future effectively. Learn how to use both for the best chance at success.
Discover the importance of reconciliation reporting in accounts payable, and learn the three core steps to creating your own report
Review some common examples of accrued liabilities and learn how to accurately estimate and record them for proper financial reporting and compliance purposes.
Invoice fraud is a common attempt to scam businesses out of money. Prevent cash flow disruptions by knowing how to identify and prevent fraud attempts.
Explore what an approved vendor list (AVL) is, how it can help businesses make better purchasing decisions, and the steps to take to create your own.
Learn what the accounts payable aging report is and what’s included, why AP teams should use these reports, and, of course, how to go about creating one.
