As artificial intelligence (AI) continues to reshape industries, it will have a profound impact on the role of Chief Financial Officers (CFOs). The integration of AI in finance...
Have you ever been in an organization where bills are everywhere, vendors are irritated by late payments, the staff is drowning in paperwork, and you have a sinking...
Small businesses face continuous financial challenges. Some challenges are good (e.g., how do we achieve revenue optimization?), while others are difficult (how do we find money for unforeseen...
Small business owners who have never worked with a good fractional CFO may wonder whether they are worth the expense. Having the right team at the right time...
Accounts payable is an annoyance at best, a disaster at worst. More and more businesses use accounts payable outsourcing as a solution to this problem. AP service providers...
Running a successful business is eventually all about profitability, and one of the best ways to achieve this is to reduce business expenses. However, cutting expenses can be...
Value-added Tax (VAT) and sales tax are both consumption taxes assessed on the consumer at point of sale. The difference between VAT and sales tax is what gets...
With inflation stubbornly high and the fed rate increases continuing, you may feel frustrated by lack of growth in your small business. Although slow economies are overall stagnant,...
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...
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...