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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
0 / 5 (0 voted)
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.

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
0 / 5 (0 voted)

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
0 / 5 (0 voted)

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
0 / 5 (0 voted)

April 14, 2025

Charles Lutwidge
Automating AP Operations with AI Invoice Processing

Automating AP Operations with AI Invoice Processing

Accounts payable (AP) has always been a core aspect of business operations. But in today’s digital world, requirements have grown. Vendors now demand quick payments, often with zero billing errors. To meet these new demands, many businesses have turned to...

Reading Time 6 mins
0 / 5 (0 voted)

April 07, 2025

Charles Lutwidge
What Is Invoice Matching?

What Is Invoice Matching?

Invoice matching, or purchase order matching, involves cross-checking invoices against related financial records. The primary goal? Ensuring everything aligns before processing a payment. In accounts payable, this step is essential—it verifies that vendor payments are accurate and properly recorded. Beyond...

Reading Time 6 mins
0 / 5 (0 voted)

April 03, 2025

Charles Lutwidge
Key Differences Between Accounts Payable and Notes Payable

Key Differences Between Accounts Payable and Notes Payable

Businesses have multiple ways to borrow money. Some companies receive goods or services on credit, promising to pay the invoice within 30–60 days. Others take out loans from banks or financial institutions, repaying the principal plus interest over time. While...

Reading Time 6 mins
0 / 5 (0 voted)
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What 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 TransferInternal Audit vs External Audit: Which is Better?Best Practices for Vendor Master Data ManagementWhat is 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