Understanding the Challenges of Nonprofit Accounting
The purpose of a nonprofit entity is to fulfill a particular mission, rather than to generate a profit. The Financial Accounting Standards Board (FASB) requires… read more
Hitting the Bullseye with Supplier Relationship Management
Let’s review the basics of supplier relationship management, tips to streamline workflows, and turn your supplier relationships into a strategic advantage.
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How to Manage the Year End Closing Process More Effectively
The year-end closing is a challenging process for the entire accounting department. Accountants must complete the day-to-day work on transactions, and perform other tasks to… read more
10 Steps You Can Automate for Partial Invoices and Shipments
Supply chain issues are forcing many vendors to make partial shipments to fill customer orders. Partial shipments complicate the AP and invoicing process, and accounting… read more