In the realm of accounts payable, duplicate payments can be a significant drain on a company’s finances. Such payments not only distort financial reporting but also harm vendor relationships and cash flow management. Therefore, implementing effective strategies to reduce the risk of duplicate payments is essential for maintaining a healthy accounts payable process. How To […]

Invoicing is at the core of every business’ financial health. The way invoices are managed directly impacts cash flow, supplier relationships, and operational efficiency. Whether your business is satisfied or looking to move towards greater satisfaction, it’s essential to regularly evaluate the tools and systems you’re using. As technology continues to evolve, businesses that embrace

In today’s competitive business landscape, the relationship between the Order to Cash (O2C) process and Customer Relationship Management (CRM) is more crucial than ever. A well-structured O2C cycle not only ensures that a company receives payments efficiently but also plays a significant role in enhancing customer satisfaction and loyalty. Understanding Order to Cash The O2C

Managing cash flow effectively is crucial for any business. One of the best ways to monitor and improve collections is by using accounts receivable (AR) aging reports. These reports provide valuable insight into the health of a company’s outstanding invoices and help businesses identify overdue payments. By categorising receivables based on how long they’ve been

With the growing shift toward digital transformation, many businesses are adopting e-invoicing to streamline processes and reduce inefficiencies. One of the key promises of e-invoicing is the ability to minimise payment delays, a persistent issue that impacts cash flow and overall business operations. Poll results In our most recent LinkedIn poll, we asked our followers

In this article, we outline the key opportunities that e-invoicing for global trade brings.  In today’s interconnected world, businesses often find themselves managing suppliers, clients, and transactions across borders. Global trade presents many opportunities but also challenges, particularly when it comes to handling complex transactions. This is where electronic invoicing (e-invoicing) steps in as a