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.
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.
Payroll describes the entirety of a company’s processes, reporting, and standards for paying their employees and withholding proper payroll taxes.
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.
Nacha is the organization that regulates ACH bank payments to make them safer, faster, and more reliable for businesses and individuals in the U.S.A.
Accounts receivable refers to money that your business is owed in exchange for goods or services you have provided but the customer hasn't paid for yet.
Discover the significance of accounts payable turnover in assessing financial performance. Enhance your AP turnover ratio to drive better financial outcomes and learn more about the accounts payable turnover formula.
