Fri.Apr 28, 2023

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Invoice Factoring vs Reverse Factoring: Which is Best for Your Business?

FundThrough

When you’re looking for ways to fund your business, you’ve got to look at every possibility to find the right fit and create your ideal funding mix. Maybe you’ve decided that getting your invoices paid in advance makes sense and you’re researching all the possible ways it can be done. As entrepreneurs ourselves, we understand […] The post Invoice Factoring vs Reverse Factoring: Which is Best for Your Business?

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An Easy Accounts Payable Solutions for Small Businesses

NextProcess

As a small business, how are you managing accounts payable? Early on with a small business, it’s pretty common to use a manual, paper-based process. You simply write a check for invoices when they come in, and you might track payments in Excel or some other program. Later, you might start using accounting software like QuickBooks to help make things easier.

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Does Your Business Use an Accounts Receivable Policy?

Enterprise Recovery: Accounts Receivable

Listed as an asset on financial statements such as the balance sheet , accounts receivable is an important resource to your business. It's considered an asset because it can be converted to cash if collected within the payment terms set in your client contracts. If it's not collected in a timely manner, it becomes a drain on company resources. Policies and procedures must be documented to increase the success of these collections.

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Period costs definition

Accounting Tools

Related Courses Cost Accounting Fundamentals A period cost is any cost that cannot be capitalized into prepaid expenses , inventory , or fixed assets. A period cost is more closely associated with the passage of time than with a transactional event. Since a period cost is essentially always charged to expense at once, it may more appropriately be called a period expense.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Financial Data: The Role of Analytics in Accounting

Counto

Financial Data: The Role of Analytics in Accounting Small and Medium-sized Enterprises (SMEs) play a critical role in Singapore’s economy, contributing 48% of its GDP. As the business landscape continues to evolve at a rapid pace, the demand for accurate and reliable accounting services for small businesses in Singapore cannot be overstated. With the increasing complexity of financial data, it has become essential for businesses to utilise the latest analytics tools to make informed financial de

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Interim period definition

Accounting Tools

Related Courses The Interpretation of Financial Statements What is an Interim Period? An interim period is a financial reporting period that is shorter than a full fiscal year. Interim financial reports are generally quarterly financial reports that are required for any entities whose debt securities or equity securities are publicly traded. Depending on which securities regulator or stock exchange is involved, an entity will be required at least to issue interim financial reports at the end of

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Using BPA Software to Improve Customer Service in Accounts Payable

NextProcess

Let’s think about the types of customer service you need to do in an accounts payable department. Usually if you’re answering customer service calls and emails, it’s because your vendors and suppliers want to check on the status of a payment or update their information. What if you could automate that? Or more specifically, what if you had accounts payable automation software that made customer service a lot easier right along with everything else involved in processing and paying invoices?

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Financial Data: The Role of Analytics in Accounting

Counto

Financial Data: The Role of Analytics in Accounting Small and Medium-sized Enterprises (SMEs) play a critical role in Singapore’s economy, contributing 48% of its GDP. As the business landscape continues to evolve at a rapid pace, the demand for accurate and reliable accounting services for small businesses in Singapore cannot be overstated. With the increasing complexity of financial data, it has become essential for businesses to utilise the latest analytics tools to make informed financial de

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Advising vs. Consulting Services: What's the Difference for CSI Clients?

CSI Accounting & Payroll

When it comes to managing your finances, professional guidance can make a huge difference. This is where accounting firms like CSI come into play, offering a range of services for small businesses for over 50 years. However, even if you know you’re looking for guidance, the type of service you need depends on your specific situation. For CSI's monthly accounting clients, we offer both advising and consulting services, which can sometimes cause confusion.

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Tipalti vs AvidXchange

Tipalti

Both Tipalti and AvidXchange help companies automate their accounts payable processes, but with different features and capabilities. Read our Tipalti vs AvidXchange comparison.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Is invoice financing risky?

FundThrough

We understand why you might be asking, “is invoice financing risky”? After all, we all want to avoid making a bad financial decision for our business. One wrong move and you could be out hundreds if not thousands of dollars, which takes months to recover from. We understand the hesitation and worry on a personal […] The post Is invoice financing risky?

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Tipalti vs Payoneer

Tipalti

Compare Tipalti’s end-to-end, customizable global payments platform to Payoneer’s payment platform in our in-depth guide.

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Mastering FinOps Accountability: A Comprehensive Guide

Economize

Understanding the significance of accountability in FinOps and continuously improving your organization's FinOps decision and accountability structure are vital for long-term success

FinOps 52
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The Role of Technology in Modern CPA Firms: Opportunities and Challenges

Analytix Finance & Accounting

The role of technology in modern CPA firms has been growing rapidly in recent years. The adoption of new technologies has brought significant benefits to CPA firms, including increased efficiency, improved accuracy, and better client service. However, technology adoption also comes with challenges, such as increased cybersecurity risks and the need for ongoing training.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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New names for accountants

Accounting Fun

Accountaholic Beenblower Beancounter Beankeeper Closeted counter Counting consultant Counting countess Double entry deviant Dealer in debits and credits Journal junkie Legder lover Number cruncher Penny processor Provisions peddler Any more?

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Land definition

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is Land? Land is real estate that is exclusive of any buildings or other assets situated on the property. Depending on the terms of a land ownership agreement, the owner may be awarded the right to use all natural resources on and under the land, which may include water rights, fishing rights, mining rights, and so forth.

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Reasons to NOT Miss Credit Congress This Year

NACM

? In-person networking, relevant educational sessions and maintaining certifications are just three of the many reasons credit professionals gave to attending NACM's 127 Annual Credit Congress this year.? Hear why credit professionals of all different backgrounds say they are excited for June 11-14.⭐ Sheila Willis; Phil McCraw; Josh Gorman, SHRM-CP.

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Loan capital definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is Loan Capital? Loan capital is funding that must be repaid. This form of funding is comprised of loans , bonds , and preferred stock that must be paid back to investors. Unlike common stock , loan capital requires some type of periodic interest payment back to investors for use of the funds.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Labor intensive definition

Accounting Tools

Related Courses Financial Analysis What is Labor Intensive? A business is labor intensive when the total cost of labor incurred is larger than the other costs of the business. A labor intensive business tends to have a high percentage of variable costs , in the form of wages. There are fewer labor intensive businesses than had been the case in the past, since improvements in efficiency and the introduction of automation have reduced the proportion of labor costs in many firms.

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Latest start time definition

Accounting Tools

Related Courses Project Accounting Project Management What is the Latest Start Time? The latest start time is the latest possible date and time by which a project segment can begin without negatively impacting the completion date for an entire project. If the latest start time is exceeded, it delays the start time of the next project segment, and therefore the completion of the project as a whole.

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Latest finish time definition

Accounting Tools

Related Courses Project Accounting Project Management What is the Latest Finish Time? The latest finish time is the latest possible date and time by which a project segment can be completed without negatively impacting the completion date for an entire project. If the latest finish time is exceeded, it delays the start time of the next project segment, and therefore the completion of the project as a whole.

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Leasehold definition

Accounting Tools

Related Courses Accounting for Leases What is a Leasehold? A leasehold is a designation that is assigned to an asset being leased. Under a lease arrangement, the lessee gains the use of an asset that is owned by the lessor for a certain period of time, in exchange for a series of payments. Accounting for a Leasehold The leasehold designation appears in the accounting records of the lessee, and is most commonly seen as a fixed asset account called "Leasehold Improvements".

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Liquid asset definition

Accounting Tools

Related Courses The Interpretation of Financial Statements What is a Liquid Asset? A liquid asset is any asset that is readily convertible into cash within a short period of time, and which suffers no loss in value as a result of the conversion. Convertibility is assisted by the presence of a large market in which there are many participants, and in which it is easy to transfer ownership from the buyer to the seller.

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Involuntary conversion definition

Accounting Tools

Related Courses Real Estate Tax Guide What is an Involuntary Conversion? An involuntary conversion involves the forced disposition of property in exchange for a payment. There can be tax ramifications when the associated payment is made. If there is a loss on an involuntary conversion, the taxpayer can recognize it at once. This gain or loss rule does not apply when the property is the taxpayer's main home.

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Internal reporting definition

Accounting Tools

Related Courses Controller Education Bundle New Controller Guidebook What is Internal Reporting? Internal reporting involves the compilation of financial and operational information on a frequent basis, which is distributed to those within an organization who can use it to improve performance. Examples of the information included in internal reports are expense trends, failure rates, detailed sales data, and employee turnover.

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Installment sale definition

Accounting Tools

Related Courses Bookkeeping Guidebook How to Audit Revenue Revenue Recognition What is an Installment Sale? An installment sale is a sale transaction in which the buyer commits to a series of payments made to the seller in compensation for the receipt of an asset. The total amount of these payments may be more than the amount that would be due if the buyer makes a single up-front payment, since the series of payments may include an interest charge that compensates the seller for the cost of the

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Insurance definition

Accounting Tools

Related Courses Business Insurance Fundamentals What is Insurance? Insurance is a contractual agreement under which the insured party promises to pay the insurer a periodic amount in exchange for a payout in the event of a future loss. If such a loss occurs, the insured party may be required to retain a portion of the loss (known as a deductible), while the insurer pays the remaining amount.

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Net income formula definition

Accounting Tools

Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is the Net Income Formula? The net income formula yields the residual amount of profit or loss remaining after all expenses are deducted from revenue. The results of this formula are closely watched, since they reveal whether a business is likely to be a viable operating entity.

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Income from operations definition

Accounting Tools

Related Courses The Income Statement The Interpretation of Financial Statements What is Income from Operations? Income from operations is the profit generated by the operations of a business. This classification of income excludes gains and losses from the sale of assets, interest income , interest expense , and any other income not related to the core operations of the firm.

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Interest bearing note definition

Accounting Tools

Related Courses Corporate Finance Treasurer's Guidebook What is an Interest Bearing Note? An interest bearing note represents funds loaned by a lender to a borrower , on which interest is accrued in accordance with the terms of the agreement. These notes have many applications. For example, an account receivable can be converted into a note, under which a customer is instead classified as a borrower, and pays interest on what had formerly been considered an account receivable.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.