Operations

10 Developments Shaping The Future of Accounting – Forever

10 Developments Shaping The Future of Accounting – Forever

Every business needs accounting, and accounting needs to keep up with the times. Here are ten developments shaping the future of accounting – forever. The role of accounting has changed rapidly in recent years, and the trend is only accelerating. Thanks to a combination of factors including a fast-evolving regulatory landscape, emerging business trends, and…

How Intelligent Document Processing Can Reshape Your Accounts Receivable Process
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How Intelligent Document Processing Can Reshape Your Accounts Receivable Process

Every business, no matter how big or small, needs to have an effective accounts receivable process in place. This is because the accounts receivable department is responsible for bringing in money that is used to keep the company running smoothly. Intelligent document processing can help to reshape your accounts receivable process in a number of…

What Are Different Types of Invoices? The Essential Elements of an Invoice

What Are Different Types of Invoices? The Essential Elements of an Invoice

There are many different types of invoices a business can send or receive for its clients. The type of invoice you choose or receive will depend on your industry, how you bill for your services, how often you plan to get paid, and/or the terms of the contract. Depending on the type of client and…

10 Best Practices For Crafting The Perfect Expense Policy

10 Best Practices For Crafting The Perfect Expense Policy

When it comes to business expenses, there are good ways and bad ways to handle things. The easy way is to collect all the receipts and let the accountant sort them out. That may be easy for those submitting expenses, but it’s hard on the finance department – meaning time-consuming and costly. The right way…

Invoice Fraud: How to Protect Your Business from This Growing Threat

Invoice Fraud: How to Protect Your Business from This Growing Threat

Businesses of all sizes are at risk for invoice fraud. This type of fraud occurs when someone posing as a legitimate vendor sends an invoice to a business for services or products that were not actually provided. The goal of the fraudster is to get the business to pay the invoice and release the funds,…