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

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]