Resources on basic accounting and payment terms business owners must know.
Discover what cash conversion cycle is, why it is important for business leaders to be aware of, how to calculate it, and strategies to implement to shorten yours.
Learn what strategic procurement is, what its core goals are, what the process looks like, and how to adopt a strategic procurement practice in your own organization.
Learn about purchase order (PO) systems and how they help SMBs improve their procurement processes, ensure accuracy in orders, and streamline overall financial operations.
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.
Invoice management is the process of overseeing and organizing invoices, ensuring precise billing and payment processing.
The full cycle accounts payable process is the complete cycle that an accounts payable department goes through to complete a purchase. Learn the AP procedures!
Phishing is a common type of cyber attack that can put your personal and financial data at risk. Here's how to avoid it.