Finance

The Importance of Financial Forecasting and How to Start
Blog Finance

The Importance of Financial Forecasting and How to Start

One common pitfall for growing businesses is a lack of focus on financials. Marketing strategies and product development are undoubtedly exciting. Still, more often than not, it’s the diligent work of finance and accounting teams that keeps the business on track and moving full steam ahead.  If you’ve gotten by so far without financial forecasting, […]
4 min read
5 Ways to Make Financial Operations More Efficient
Blog Finance

5 Ways to Make Financial Operations More Efficient

Are manual tasks, decentralized data, and poorly documented policies bogging down your financial operations? If so, it’s time to stop relying on short-term fixes such as increasing headcount, and start implementing automation in your Finance function. 80% of CFOs report accelerating their investment in digital finance functionality for 2022. These numbers exceed the investment in […]
4 min read
How To Get Finance and Operations Teams On The Same Page
Blog Procurement

How to Get Finance and Operations Teams on the Same Page

Maximum efficiency and line-level visibility are the gold standard for finance and operations teams. Operations teams are always looking to be more efficient. Finance teams need all the visibility they can get.  But, do companies always have efficiency and visibility? Unfortunately, no. Is it possible to have more efficiency and visibility—on both your finance and […]
7 min read
What Happens When Finance & Operations Teams Work Together
Blog Spend Efficiency

What Happens When Finance & Operations Teams Work Together

Businesses can increase profitability, cut costs, and improve the bottom line when finance and operations work together.
8 min read
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Blog Accounts Payable

What Is Trade Accounts Payable, and Why Is It Critical for Managing Vendor Relations?

Ask any modern business decision-makers about the essence of trade accounts payable, and you'll soon realize that it's one of the greatest tasks they face. After all, businesses must pay their debts, and they cannot afford to get this wrong. Managing invoices accurately and promptly is almost an art, and it’s the key to maintaining […]
6 min read
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Blog Accounts Payable

Notes Payable vs. Accounts Payable: The Difference Cuts Cost

Accounts payable (AP) and notes payable (NP) are often used interchangeably, but in reality, they operate differently and serve distinct purposes within your financial strategy.  To properly manage either payable category, granular spend visibility is essential. Without it, the benefit of strategic financing can be diminished or even become a vector for financial risk. We […]
5 min read