Resources on basic accounting and payment terms business owners must know.
Learn what cash reserves are, why they matter, and how they help businesses stay stable, avoid debt, and seize new opportunities.
Understand how tariffs work, why governments use them to protect local industries, and how they impact business costs and consumer prices.
Learn what is asset management. Discover how proactive asset management maximizes value, reduces costs, and improves business performance
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.
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.
