Accounts Payable

Explore Accounts Payable resources to optimize your AP process across invoice processing, approvals, vendor payments, and more.

Blog Accounts Payable

Invoice Tracking Template

Missing a payment — or duplicating one — can be a costly and time-consuming mistake. Without a way to manage an organization’s increasing flow of invoices, mistakes like these lead to unnecessary fees and wasted time while taking a bite out of company revenue. On the other hand, a strong invoice management system opens the […]
5 min read
Blog Accounts Payable

The Complete Guide to a Faster Month-End Closing Process

Is month-end closing an unhappy topic for your finance team? The complexity of closing can make the end of every month feel stressful, especially if your financial data isn’t well organized. If closing the books is a constant cycle where the next month's close begins before the previous month is put to bed, this article […]
11 min read
Blog Finance

Trade Finance: What It Is, Benefits & How To Use It

Businesses of all sizes use trade financing to provide supply chain security and risk mitigation. With trade financing solutions, businesses ensure they have the capital to cover the cost of goods and services when dealing with international suppliers.  This network of supplier and buyer support is especially important in light of current supply chain disruptions […]
7 min read
Blog Accounts Payable

General Ledger (GL) Codes: What They Are & How to Efficiently Assign Them

Maintaining accurate accounting records means more than checking every box on your list at month-end close. Without accuracy in your underlying recording, you’ll never know if the financial reports you compile are accurate. Since a modern accounting department may be responsible for recording thousands of monthly transactions, how do they ensure their records accurately reflect […]
6 min read
What is a Financial Audit & How to Prepare for One (+Checklist)
Blog Finance

What Is a Financial Audit & How to Prepare for One (+Checklist)

The financial health of your company depends on the accuracy of your financial reporting. Everyone tries their best to be careful, follow procedures, and call out discrepancies, but getting fresh eyes on the data is valuable to ensure the best outcomes. This type of independent review is known as a financial statement audit. While the […]
6 min read
Net Terms: A Guide To Business Resilience Against Recession
Blog Finance

The Quick Guide to Using Net Terms to Support Business Growth

Flexibility is key to enabling business and building partnerships, and establishing payment terms is one of the greatest sources of flexibility for businesses. The option to schedule payments and manage cash flow directly impacts a company’s revenue creation and profitability. This is why many buyers seek flexible payment terms when selecting vendors. In response to […]
6 min read