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.
B2B payments are a classification of transactions between two business entities rather than a business and a consumer (or two private individuals).
Learn how the O2C process can help small business owners create a more streamlined customer experience from point of purchase to payment processing.
In this article, we dive into FDIC insurance — what it is, what’s covered, and what you need to know about the FDIC and deposit risk as a business owner.
What are net terms and how they work? Read our guide to learn everything you need to know about Net 15, 30, 60, and 90 payments.
Unsure what invoice financing is or whether it could benefit your business? This post breaks down everything you need to know about this cash flow solution.
An employer identification number (EIN) is a unique number that the IRS associates with your business. Learn how to apply for one and how to look up an EIN.
Are you waiting for clients to pay their invoices? Here's what you need to know about invoice factoring as a short-term cash flow solution.
What is a routing number? It's a 9-digit code used in the US banking system. Learn how routing numbers work and why they're important for financial transactions
EDI, or electronic data interchange, is often confused with ACH and EFT. Find out what EDI payments are and how they differ from other types of payments.
Payment management software is any software designed to support a business in the process of payment management.
Sending remittance advice to give information about your payment is an accounting best practice and courtesy to your suppliers and vendors.
While all vendors are different, follow these vendor relationship management tips to get started on the right path to building better business relationships.
