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.
See what the vendor management lifecycle looks like and the various stages that make up this process, from initial engagement to supplier offboarding.
Invoice scanning is the process of converting paper invoices into digital formats.
There's an important distinction between accounts payable and trade payable. Knowing the difference helps you master your finances and optimize operations.
Discover the process of calculating accounts payable. Learn the AP formula, and dive into three additional critical accounts payable formulas for optimizing the financial health of your business.
Your accounts payable process could be costing you money. With accounts payable internal controls, you get more security and potential efficiency.
Explore the strategic advantages of trade payables. Enhance liquidity, improve cash flow, and stay ahead in managing debts effectively.
ACH transfers and wire transfers send money directly from one bank account to another. But they differ in ways that make them best for different situations.
Learn about what optical character recognition (OCR) technology is and how it can help your accounts payable team automate its invoice processing workflow.
Is 4-way matching the right process for your accounts payable team? Find out what it is and when to use it (or not).
Review the main steps of the vendor onboarding process and how you can use automation to start doing business with new suppliers more quickly and efficiently.
Learn what an invoice approval process actually is and why it's valuable before diving into a 5-step process for signing off on invoices and approving payment.
Learn about the importance of vendor invoice management and some best practices to help your company make accurate and on-time payments to suppliers.
