Accounting Automation
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A Complete Guide To Vendor Management
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For most businesses, vendors play a huge role in keeping operations running smoothly. Whether sourcing materials, handling logistics, or providing ...

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What Are Payment Terms in Business Transactions?
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Let’s be honest—how often do you actually review payment terms before agreeing to them in a business transaction? Most of us are guilty of skimming over ...

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A Complete Guide To Electronic Payments
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In today’s world, living without electronic payments seems almost unimaginable. With the surge of technology and digitalization, more individuals are ...

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How To Organize Accounts Payable Invoices
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Is your desk messy with papers and invoices all over? Does your accounting team struggle to keep track of accounts payable invoices and payments? Accounts ...

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What Is An ACH Payment And How It Works?
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In an age where efficiency and security are crucial, ACH payments emerge as a fundamental element of financial operations. ACH payments, or Automated ...

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10 Best Practices for Accounts Payable in 2024
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We have already mentioned many times that proper management of accounts payable is crucial for maintaining good relationships with vendors, avoiding late ...

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The Rise of the AI-Powered CFO: Cash Flow Management
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  This post is the fifth edition of our ‘The Rise of the AI-Powered CFO’ series. If there’s one thing that’s crucial for any business, regardless of ...

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A Step-By-Step Guide for a Successful Year-End Close
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The year-end close process is a critical period for many accountants, marking the culmination of a year’s financial activities and the beginning of a new ...

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The Rise of the AI-Powered CFO: Risk Management
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This post is the fourth edition of our ‘The Rise of the AI-Powered CFO’ series. CFOs are on the front lines of navigating a complex web of risks that can ...

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How to Automate B2B Payments
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In the earliest economies, goods and services were exchanged directly, and that was practical only in small communities with simple needs.  As economies ...

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9 Strategies to Overcome Delays in Your Month-End Close Process
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Finance teams, on average, spend 6.4 days closing the books every month. Considering that this is more than the entire work week’s worth of time, it can ...

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Chart of Accounts: A Complete Guide
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Today, businesses manage countless complex and multifaceted financial transactions. To keep track of everything, finance teams rely on a chart of accounts ...

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