AvidXchange

DECEMBER 3, 2024

Businesses often use these cards to handle specific types of payments, such as supplier invoices, subscriptions, or employee purchases. Cost Savings By using ghost cards, businesses can reduce the administrative costs associated with processing paper checks or manually reconciling accounts. appeared first on AvidXchange.

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AvidXchange

DECEMBER 20, 2024

For the 2024 tax year, businesses must issue a 1099-NEC to recipients and file it with the IRS by January 31, 2025, according to the IRS. Simplified Reconciliation Automated systems can provide timely reporting and visibility into supplier payments, making it easier to reconcile accounts during tax season.

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AP Data Entry Accounts Payable Accounts Payable 52

AvidXchange

NOVEMBER 15, 2024

AvidXchange’s 2025 Trends Survey found that the percentage of businesses using mobile payment platforms (like Venmo or Apple Pay) most often to pay suppliers nearly doubled to 15% in 2024 (compared to 8% in 2023). ePayments also help reduce the costs associated with handling, storing, and reconciling paper checks.

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Deposits Invoicing Reconciling Collections 52

Remote Quality Bookkeeping

JUNE 15, 2025

during the 12-month period ending March 31, 2025 , the need to recognize trouble early has never been more urgent for small businesses. When cash coming in isn’t enough to cover payroll, rent, loan payments, or supplier invoices, it points to deeper operational or revenue issues.

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Outsourced Bookeeping

OCTOBER 28, 2024

This article discusses how outsourced bookkeeping can be a game changer for your business despite 2025 small business financial trends. SMEs and the 2025 Economic Outlook: Why Outsourcing Bookkeeping Makes Financial Sense Green 2025 U.S The relationship is aimed at closing gaps and ensuring compliance. The post U.S.

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Jetpack Workflow

JUNE 19, 2025

May 1, 2025 ABC Consulting 123 Main Street Anytown, MD 10010 Dear [Client Name]: We are excited about the opportunity to serve you in your new business endeavor. Reconciling banks and credit cards each month. Processing accounts receivable including sending out invoices and statements as needed. Grossing up payroll transactions.

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Nanonets

MAY 31, 2023

These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management. This process is also time-consuming, as tasks like reconciling accounts, generating reports, and conducting financial analysis require several manhours.

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Counto

MAY 13, 2025

Preparing for Singapores Mandatory E-Invoicing in 2025: A Practical Guide for SMEs As a small business owner in Singapore, you’ve likely heard about the governments move toward mandatory e-invoicing via InvoiceNow. Who Will Be Affected in 2025? The shift to e-invoicing is part of Singapores Smart Nation agenda.

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