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.
ACH withdrawal is an electronic transaction made through the ACH network for recurring payments between bank accounts. Read for more about ACH withdrawal time.
You may have sent or received an ACH credit without knowing it. Using it in your business gives you a payment option with bank-grade security.
Understand the essentials of accounts payable journal entries for credit purchases. Learn the basics with practical examples.
An accounts payable ledger could make managing your accounts payable easier. We cover what it is and how to use it in your business.
Creating an accounts payable policy for the first time? Or worried that your current policy is missing some important pieces? Learn how to build an effective AP policy.
Your invoice payment method impacts cash flow more than you might think. Learn how and how to choose the best option for your business.
The invoice audit process helps businesses prevent billing fraud and avoid overpayment in just a few steps.
Automated invoice processing uses digital systems to simplify the manual work that goes into paying invoices–essentially putting this task on autopilot.
Paying invoices are a necessary part of business, but they don’t have to be a pain. Learn what they are and how to make them a breeze.
Vendor management is the process of onboarding, managing, and building relationships with vendors or suppliers.
Invoice validation involves confirming the legitimacy and accuracy of received bills related to goods or services.
Follow these simple steps to create an effective invoice reconciliation process for your business.