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.
Enterprise resource planning (ERP) is a broad term that refers to specific electronic systems that a business uses to manage its day-to-day activities.
Virtual bookkeeping refers to digital bookkeeping services that perform financial operations for businesses. These services will interface with you virtually.
ACH (Automated Clearing House) checks are essentially electronic checks (sometimes called e-checks), or paperless checks.
Discover the speed, cost-effectiveness, and convenience of ACH transfers for businesses. Learn how ACH transfers work and their benefits.
Learn about ACH processing, the different types of ACH payments, and how ACH processing is a safe, fast, and cost-effective way to pay and get paid.
What is payroll? Discover how payroll works, from calculating wages and withholding taxes to managing records and staying compliant with labor laws.
What is a pro forma invoice and how is it different from a sales invoice? Learn more about the definition and use cases of a pro forma invoice here!
Learn all about invoices, the documents businesses use to request payment for goods or services. Find out what they include and how to best manage them.
What is a digital wallet and how does it work? Learn how consumers use digital wallets, the different types, and how your business can benefit from them.
2-way invoice matching is an automated process that checks for discrepancies between purchase orders and invoices before invoices are approved and paid.
3-way invoice matching is a process that checks for discrepancies between invoices, purchase orders, and goods receipts before invoices are approved and paid.
A solvency ratio helps businesses estimate how long their business can survive. You can measure solvency in many ways. Learn about solvency ratios with BILL.
