Accounts Payable

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]