Learning Center
Press Release
Latest Post
What Is an Approval Matrix and How to Automate It
All transactions in a business require approvals. However, a lot of companies are having a...
Telegraphic Transfer (TT): Definition & How It’s Processed
Nowadays, international money transfers have become more and more important in the global economy. One...
What Is ACH Credit: How It Works [Pros and Cons]
ACH credit is one type of Automated Clearing House transaction. The Automated Clearing House (ACH)...
How to Organize Receipts and Stay On Top of Record-Keeping
As a business owner, filing receipts of your expenses and financial records is crucial for...
What Is a Bank Draft? How It Works + Examples
Bank drafts are frequently used in the financial industry for secure and verified high-value transactions....
Positive Pay: What It Is and How to Avoid Payment Fraud
Payment fraud is a threatening issue for any type or size of business as it...
What Is an Audit Trail and Its Importance for Business
For finance teams and managers, keeping precise accounts of financial transactions is vital, and this...
Taxpayer Identification Number (TIN) in the US: What Businesses Should Know
Having a taxpayer identification number (TIN) U.S. is essential for residents, businesses, and other entities....
Vendor Reconciliation: A Finance Guide + the Full Process
Account reconciliation, such as vendor reconciliation or business-specific reconciliation, is a process of comparing your...
Accounts Receivable Turnover Ratio: Definition and Formula
The Accounts Receivable (AR) Turnover Ratio is a financial metric that measures the efficiency of...
