Make Your Business Run Smoother: Top 3 AP Processes
Accounts payable processes are an essential part of any business, and they play a critical role in maintaining healthy cash flow and supplier relationships. As businesses grow, managing...
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Accounts Payable Aging Report – What is it?
The accounts payable aging (AP) report shows when and how much you owe vendors. This report is just a snapshot in time, but it still helps business owners...
Financial Ratios to Manage Accounts Payable
Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance,...
SVB Bailed Out by US Government
FDIC, The US Treasury, and the Federal Reserve issued a joint statement Sunday March 12th, 2023 guaranteeing all deposits at the insolvent Silicon Valley Bank (SVB.) Thousands of...
Why SVB receivership matters
This article was authored Friday March 10th, 2023. As of Sunday March 13th the SVB deposits have been guaranteed by the US Government, making many facts below outdated....
3 Types of Invoice Fraud and How to Prevent it
Accounts payable is the most common source of fraud in a small business. Both internal accountants and external hackers target weak AP processes to steal money since it...
Accounts Payable: Definition and Process
What is accounts payable? Have you set up a proper AP process to avoid fraud and embezzlement? Have you maximized your AP process efficiency to avoid excessive administrative...
How to Reduce Operating Costs
You might be short on cash, facing a demand reduction, or uncertain about future demand. The classic business playbook says these are good times to reduce operating costs....
Are we at the bottom? Four tactics for growth during the soft landing.
Capital markets rallied after the October inflation report indicated the worst might be behind us. On the other hand, companies like Meta and Twitter are moving forward with...
How to protect your small business in a recession
Are you looking to recession-proof your small business? Although no two recessions are the same, there is a tried-and-true playbook businesses have used to navigate and grow through...