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Accounts Payable

What is OCR Invoice Processing and How Does It Work?

When it comes to automating your accounts payable workflow, AP software solutions share similar capabilities such as tax form processing, electronic payments transfers, and...

Accounts Receivable

What is Cash Posting? Process, Importance, and Best Practices

Cash posting is a fundamental process in accounting and finance that involves recording incoming payments, matching them to the corresponding invoices, and syncing them...

Travel & Expense

Mastering Corporate Travel Policy: Best Practices for Creation and Implementation

Travel and expense management can often be a complex and challenging area for businesses to navigate. With multiple stakeholders, including finance teams and travel...

Finance

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Latest Post

cash posting

What is Cash Posting? Process, Importance, and Best Practices

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Cash posting is a fundamental process in accounting and finance that involves recording incoming payments,...
split payments

Split Payment: Streamlining Transactions for Marketplaces

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In the world of e-commerce, marketplaces are thriving, offering a diverse range of products and...
unapplied payment

Unapplied Payments: What They Are and How to Manage Them

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Unapplied payments can be a headache for businesses. These are payments that have been received...
cash application automation

Propel Your Finance Functions with Cash Application Automation

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Managing the accounts receivable process is a critical function for any organization, and cash application...
accounting technology

What is the Role of Technology in Accounting?

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In recent years, the finance and accounting profession has experienced significant technological advancements. Innovations such...

What Is a General Ledger(GL)? – A Complete Guide

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The general ledger is crucial for a company's accounting, as it records and categorizes financial...
accounting cycle

What is the Accounting Cycle? 8 Steps Explained

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In the world of financial management, the accounting cycle plays a critical role as a...
ocr invoice processing

What is OCR Invoice Processing and How Does It Work?

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When it comes to automating your accounts payable workflow, AP software solutions share similar capabilities...
invoice reconciliation

The Ultimate Guide to Invoice Reconciliation in 2024

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Ensuring the accuracy of your business's financial records is crucial for making informed decisions and...

What is the Cash Application Process & How Does It Work?

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Imagine you've just received a payment from a customer after weeks of reminders about overdue...