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June 10, 2025

Charles Lutwidge
What is EBITDA and Why is It Important?

What is EBITDA and Why is It Important?

Interpreting a company’s performance can feel like navigating a maze for business owners. Focusing on specific metrics can sometimes hide the bigger picture of overall financial health. However, some tools offer a remarkably clear and insightful understanding. EBITDA is an...

Reading Time 7 mins
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Never Worry About Your Bookkeeping Again
Never Worry About Your Bookkeeping Again

Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.

June 02, 2025

Charles Lutwidge
What is the Cash Conversion Cycle (CCC)?

What is the Cash Conversion Cycle (CCC)?

Cash Conversion Cycle (CCC) makes or breaks the business’s success. It is an illustration of how effectively your business transforms investments into actual money in the bank account. When you put money into inventory or services, there’s a natural flow...

Reading Time 5 mins
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May 26, 2025

Charles Lutwidge
Tips to Prevent Duplicate Payments

Tips to Prevent Duplicate Payments

The accounts payable (AP) team handles a high volume of financial transactions and administrative tasks daily. Its responsibilities include processing invoices, managing expense reports, maintaining accurate financial records, and more. Many of these tasks are repetitive and routine, especially when...

Reading Time 6 mins
0 / 5 (0 voted)

May 19, 2025

Charles Lutwidge
What is Accounts Receivable in Healthcare?

What is Accounts Receivable in Healthcare?

Getting paid in healthcare isn’t always simple. The billing process can quickly become messy between insurance companies, patient responsibilities, and shifting regulations. That’s where accounts receivable in healthcare come in. It organizes and oversees billing timelines, balances due, and collection...

Reading Time 6 mins
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May 14, 2025

Charles Lutwidge
What are Accrued Expenses?

What are Accrued Expenses?

Sometimes, businesses have not yet paid or earned money but already have income and expenditures in their balance sheets. Suppose a firm pays utility bills for June in July or ships items to contractors in November, but the cash does...

Reading Time 5 mins
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May 05, 2025

Charles Lutwidge
Role of Artificial Intelligence (AI) in Accounts Payable Automation

Role of Artificial Intelligence (AI) in Accounts Payable Automation

Working with bills may seem tedious, especially during peak periods, including the month’s or year’s end. You need to process many transactions daily, monitor invoices, and ensure the accuracy of payments to counterparties. With such a workload, you are drowning...

Reading Time 7 mins
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April 28, 2025

Charles Lutwidge
What Is Multi-Entity Accounting?

What Is Multi-Entity Accounting?

Multi-entity accounting involves working with financial databases across multiple organizational groups and divisions. As firms develop, they often open branches to comply with laws, adapt to the regional business environment, and serve different markets. Of course, the more divisions an...

Reading Time 5 mins
0 / 5 (0 voted)

April 22, 2025

Charles Lutwidge
Benefits of AP Automation for Manufacturing Companies

Benefits of AP Automation for Manufacturing Companies

In 2025, manufacturing operates in a constantly changing environment. Unstable interest rates and expenditures make long-term planning difficult, and changing consumer tastes complicate the situation. Challenges with logistics networks and shortages of raw materials make the situation worse. The search...

Reading Time 6 mins
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What is EBITDA and Why is It Important?What is the Cash Conversion Cycle (CCC)?Tips to Prevent Duplicate PaymentsWhat is Accounts Receivable in Healthcare?What are Accrued Expenses?Role of Artificial Intelligence (AI) in Accounts Payable AutomationWhat Is Multi-Entity Accounting?Benefits of AP Automation for Manufacturing CompaniesAutomating AP Operations with AI Invoice ProcessingWhat Is Invoice Matching?Key Differences Between Accounts Payable and Notes PayableWhat Is a Performance Budget?How Cost Control Can Help Businesses Reduce Their Expenses?What are Miscellaneous Expenses?What is the Difference Between a Fixed Cost and a Variable Cost?What is Financial Transparency and How Does It Work?What is The Difference Between Liabilities and Expenses?How to Prepare for Year-End Accounting: An Expert's GuideHow to Conduct an Effective Accounts Payable Audit?The Payment Recovery Process ExplainedWhat Is a Payment Service Provider (PSP)?Difference Between Electronic Transfer and Wire 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