2025

Managing working capital is a constant challenge—especially when customers take weeks or even months to pay. That’s why it’s important for finance teams to understand bills receivable vs bills payable, and how accounts receivable financing can be used to keep cash flowing. What Is Bills Receivable vs Bills Payable? Bills receivable refer to amounts owed […]

Most businesses already have a purchase order (PO) process in place—but is it enough and what role does monitoring spend play? The real challenge isn’t just creating or tracking POs. It means confirming that the spend has been approved, monitored, and accurately recorded—before the invoice even arrives. Without clear spend visibility, businesses risk delayed payments,

The invoice verification process is a crucial part of Accounts Payable. It protects your business from overpayments, fraud, and accounting errors. But when invoice volumes grow, manually checking each one isn’t sustainable—or scalable. So what documents do you actually need to verify an invoice? And more importantly, how can you automate the process while staying

When businesses think about supplier collaboration, the conversation often centres on price, delivery, and contracts. But in today’s digital supply chains, real efficiency and trust are built through visibility and shared data—not just management. While traditional vendor relationship management focused on performance reviews and communication cycles, modern approaches lean into digital trading environments. These platforms

Manual order processing might work when order volumes are low—but as your business grows, so do the risks of errors, delays, and unhappy customers. That’s why many businesses turn to sales order software to improve efficiency and accuracy across their order-to-cash process. If you’re still relying on email, spreadsheets, or manual data entry, it’s time

The shift to electronic invoicing isn’t just a technology upgrade—it’s becoming a regulatory requirement across the European Union. For many buyers, understanding EN 16931 is essential to ensure compliance and avoid disruptions in invoicing workflows. So, what is EN 16931, and how does it affect your business? What is the EN 16931 standard? EN 16931