August 11, 2025
Charles LutwidgeWhat is a Departmental Budget?
The financial planning process of a company starts with the daily financial discipline practiced within each department. A departmental budget, though often overlooked outside boardrooms, serves as a vital financial outline. Rather than existing in isolation, these budgets must be...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
August 06, 2025
Charles LutwidgeBookkeeping Tips For Gym and Fitness Studio Owners
Many gym owners kick off their ventures fueled by a passion for fitness and the desire to promote healthy living. However, a fitness enthusiast shouldn’t automatically be a financial expert. Gym owners must invest time in building a sound financial...
August 06, 2025
Charles LutwidgeWhat is a Corporate Purchasing Card or P-Card?
A corporate procurement card (commonly called a P-Card) is a financial instrument that helps a company pay for business expenses in a faster, more manageable way. It empowers a trusted team to make work-related purchases using company money without the...
July 28, 2025
Charles LutwidgeWhy Healthcare Businesses Need Accounts Payable (AP) Automation?
In healthcare bookkeeping, managing accounts payable (AP) is among the most resource-draining tasks. When done manually, it not only eats up staff time but also increases the risk of payment delays and compliance issues, ultimately affecting the entire workflow. However,...
July 24, 2025
Charles LutwidgeBest Ways to Pay International Contractors
Working with globally distributed professionals opens the door to new professional backgrounds and particular skill sets. But when it comes to payments, things get tricky. Firms’ owners deal with ever-changing exchange rates and complex compliance. Handling international contractor compensation requires...
July 21, 2025
Charles LutwidgeThe Complete Guide to Procurement Automation
Procurement professionals have always dealt with complex datasets, from internal spending patterns to external market conditions and supplier profiles. As the volume of information grew, so did the chances of human error, which pushed teams toward procurement automation. At first,...
July 14, 2025
Charles LutwidgeBusiness Travel Expense Reimbursement Explained
Travel expense reimbursement is often seen as a matter of collecting receipts, but forward-thinking business owners and finance teams know it starts with building a clear system that supports the traveler and the back-office staff. When employees travel to meet...
July 11, 2025
Charles LutwidgeHow to Invoice as a Freelancer: Things You MUST Include
Writer? Designer? Bookkeeper who helps different companies during tax season? Whatever services you offer, you’ll be in business like the 73.3 million other freelancers in the USA, more than 36% of the country’s workforce. To maintain the freedom and independence...