Category: Management

Automating Invoice Reconciliation for Enterprises

According to a survey conducted during the CFO virtual agenda, almost 30% of senior finance executives revealed that they had recognized order to cash automation and invoice reconciliation as a necessity in the aftermath of Covid-19 pandemic. Automatizing manual, noncomplex…

man in black jacket carrying brown cardboard box to protect from coronavirus
Protect your business from the coronavirus

Global stocks, U.S. government bonds yields, oil prices, and all market indexes tumbled Thursday, extending losses as investors expect a steep drop in business activity and corporate earnings following the spread of the coronavirus in Europe and in North America….

forklift loading cargo, too early for revenue recognition?
Revenue Recognition Criteria for Credit Sales

Here are the two traditional revenue recognition criteria that must both be satisfied before revenue can be recognized: The seller has to do something, the work, and The buyer has to do something, pay or provide a valid promise to…

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How to manage credit risk

        So you’ve read our article on some of the costs associated with selling on credit and decided to take the risk. Great! Selling on credit will set you apart from your competition and increase your customers’…