Resources on basic accounting and payment terms business owners must know.
What is SaaS accounting? Learn how SaaS accounting works, why it matters, and how it helps manage subscription-based software finances.
Learn how robotic accounting and robotic process automation (RPA) software are transforming accounting by automating financial operations tasks.
Learn what international remittances are, how they work, their economic impact, and how they differ from general international payments.
Discover what discount rate is, why it’s used, and how to calculate it, diving into some examples to illustrate.
Discounted cash flow (DCF) simplifies complex financial decisions by valuing future earnings today. Explore how DCF can guide your business investments.
Global sourcing offers cost savings and scalability by leveraging international suppliers. Explore its benefits and challenges for your business.
Learn about the importance of strategic sourcing and how it can help SMBs streamline procurement, save money, and support better relationships with suppliers.
Understand the differences between statement balance and current balance, and learn how to manage your credit account effectively to avoid interest and fees.
Learn the definition of supply chain management (SCM), how the process works, examples of supply chain management, and why it’s important.
Find everything you need to know about costs of goods sold (COGS), including how to calculate it and why it’s an essential business metric.
Join us as we shine a light on general administrative expenses. We’ll explain what they are, what they include, common examples, and how to manage them more effectively.
Understand what net 60 payments are and how they work. See real-life examples of how net 60 payments impact cash flow for small and medium-sized businesses.
Discover what counts as a valid expense receipt, why they are important for maintaining accurate records, and how modern financial management tools can streamline the process.
Dive into our complete guide to PO numbers. Discover what purchase order numbers are, why they are important when they are generated, and what role they plan in procurement and accounts payable processes.
Discover what emergency lines of credit are so you can decide whether it's something your business should have access to or not. Learn about the benefits and risks involved, as well as best practices for using them.
