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Is accounts payable a debit or a credit? Explained simply

Understanding the role and purpose of accounts payable (AP) is crucial for your company's financial health. Efficiently managing your AP can help you..

How to accept check payments online — everything to know

Paper checks add extra manual processes to your financial management, creating time wasted on tedious tasks. Luckily, eChecks are an option you can..

Accounts payable turnover ratio: Definition, formula & examples

The accounts payable (AP) turnover ratio gives you valuable insight into the financial condition of your company. It is used to assess the..

Accounts payable automation: 19 best practices

When it comes to accounting processes,accounts payable (AP) automation emerges as a vital tool for enhancing accuracy and efficiency.

Your full guide: Accounting software for midsize businesses

What is accounting software for midsize businesses? Accounting software is a computer program that maintains accounting books to assist bookkeepers...

The accounts payable process: Everything you need to know

Accounts payable represents the money you owe. Managing your AP becomes a process of receiving and recording invoices all while preparing and..

Accounts receivables vs. accounts payables: What’s the difference?

Both accounts receivable and accounts payable are essential to your company’s finances and cash flow.

What is AP automation? How to implement AP automation in your business

The accounts payable (AP) process can give even the most experienced AP departments a headache. With overflows of paper invoices, likelihood of human..

How risk management can improve your business

Doing business means coming face-to-face with risk. As your business grows within the market, it’s impossible to not be impacted by risk. Developing..

Impact of unpaid invoices and how to dramatically reduce them

Late and unpaid invoices can have a detrimental impact on your business if left unchecked. It affects your cash flow, reduces capacity for growth,..