Automation is all the rage. Businesses are quickly figuring out that there are things that machines are better suited to than people.
For any modern business, accounts payable is one of the most high-stakes tasks there is. After all, every business needs to pay what it owes - you can’t afford to get this wrong.
Managing finances has to be one of the most thankless tasks in all of business. There's not a lot of glamour, and other staff can easily take you for granted.
In business, it’s common to see and hear people use the terms ‘procurement’ and ‘purchasing’ interchangeably.
In any business, it pays to keep a close eye on every dollar making its way out the door.
Nowadays, there’s no excuse for soaking up your finance team’s valuable time and effort with clunky manual processes. If anyone in your team is still copying and pasting data between Excel sheets, they might as well be working with quills and parchment.
Running a business can be exciting — especially when you're just getting started. However, you'll quickly come to realise some of the less thrilling parts of it — and bookkeeping is definitely one of them.
In a day and age when virtually all industries are being disrupted, one of the oldest has long stayed the same — banks. But all of that is changing as we speak.
People often confuse the terms “procurement” and “purchasing”. But to establish suitable and effective purchasing process guidelines, you have to choose between these two options.
We can do (almost) anything online today, so why not company purchasing too? Procurement management is going paperless and many companies are now opting for e-procurement.
Chances are you don't carry much cash around anymore. That's not strange — the convenience and security of plastic money is hard to beat. But while you're probably familiar with the classic corporate credit card, you might not have heard of how prepaid cards can help your business manage its expenses.
Technology is changing fast, and fintech is changing with it. 2018 is bound to bring a wave of new innovations, and we’re taking a look at how they will impact financial technology.
So you've read up on the benefits of having an expense policy, and you've set one up for your company. Great decision! It's important, however, to avoid seeing it as a static entity that never changes. Your company is constantly changing, so the policy will end up being out of date before you know it. Instead, you should treat it as a dynamic and