Non-PO invoice is a term that often causes confusion, but understanding it is key to managing invoice distribution effectively. A non-PO invoice simply refers to an invoice that is not linked to a purchase order. These invoices usually arise from services or expenses that do not require a formal purchase order, such as utilities, subscriptions, […]
Non-PO Invoice: What It Is and What Happens When It’s Unpaid Meer lezen »
Introduction Cash flow projection is the backbone of financial planning for any business. Without it, companies risk liquidity shortages, missed growth opportunities, and strained supplier relationships. For suppliers, managing cash flow effectively is critical because delayed payments and unpredictable demand can quickly erode profitability. This blog explains how to do a cash flow projection, explores
Cash Flow Projection: How to Forecast Your Business Finances with Confidence Meer lezen »
Digital transformation is reshaping supply chains worldwide, but it often raises an important question: does going digital make businesses more vulnerable? The short answer is that risks exist, but they can be managed with the benefits far outweighing the challenges. Why Digital Transformation Matters Digital transformation in supply chains replaces manual, paper-based processes with automated,
Digital Transformation: Does Digitising Supply Chains Create More Vulnerabilities? Meer lezen »
Supply chain digitisation is a growing necessity in every industry. Businesses face growing pressure to adapt quickly because global supply chains are more complex than ever. Manual processes can’t keep up with today’s pace, so digitisation offers a way to streamline operations, improve visibility, and reduce risk. Why Is Supply Chain Digitisation Important? Supply chain
Supply Chain Digitisation: Why It Matters Now More Than Ever Meer lezen »
Manage accounts receivable effectively, and you’ll keep cash flowing smoothly. But how does this differ from accounts payable? Both are essential for financial health, yet they represent opposite sides of the transaction cycle. Understanding the difference helps businesses maintain balance and avoid costly mistakes. This blog explains what each term means, why they matter, and
Manage Accounts Receivable: How It Differs from Accounts Payable Meer lezen »
Gross accounts receivable is a term that often appears in financial statements, but what does it really mean? In simple terms, it represents the total amount owed to a business by its customers before any adjustments for doubtful accounts or allowances. Understanding this concept is essential for accurate reporting and effective cash flow management. This
Gross Accounts Receivable: What It Means in Accounting Meer lezen »
