A core pillar of business operations, accounts receivable (AR) represents the money customers owe for goods or services delivered on credit. When managed effectively, AR results in a steady cash flow...

What exactly is the quote-to-cash process? The clues are in the name: it’s the entire sales process, from its inception, when a business issues a quote or proposal, to its conclusion, when that...

E-invoicing, or electronic invoicing, is just what it sounds like: the digital exchange of standardized invoices between businesses. Unlike traditional paper-based invoicing, e-invoicing is faster,...

Invoice payment processing, put simply, is how businesses get paid. It’s a cycle of letting clients and business partners know what kinds of payments are due, when they’re due, and receiving them...

An invoice payment refers to the money you receive from a client after making a formal request with an invoice. The invoice itself details the amount to be paid, when it will be paid, by which...

Accounts receivable (AR) play a critical role in the financial health of all businesses. Effectively managing the money customers owe for goods or services provided guarantees a steady cash flow,...

It can be hard to keep up with the ever-increasing pace of today’s financial world—one driven by technological advancements and a growing need for efficiency. Large and small businesses must embrace...

Accounts payable (AP or “payables”) are essential to any business, but they’re especially critical for growing companies with extensive networks of vendors, service providers, and other strategic...

Accurate and timely payment of vendors, suppliers, and other strategic partners is critical to sustainable growth. Accounts payable reconciliation (AP reconciliation) can ensure accuracy across the...

One of the more exciting trends impacting accounting and finance departments over the past few years has been digital transformation. As businesses grow, their financing needs become bigger and more...

Accounts payable automation (AP automation) is a revolutionary technology that makes accounts payable processes easier and more effective while minimizing resource costs. There’s a good reason the AP...

Invoicing software is a technology designed to make invoice management as seamless and effective as possible. It leverages artificial intelligence (AI), machine learning (ML), and other innovations...