6 Best Practices For Accounts Receivable Automation

An organization’s cash flow is its lifeblood. And at its heart lies collecting dues on time. Improper accounts receivable management – either through manual processes or ineffective automation – can only complicate the process due to human errors, inaccuracies, and delays, leading to severely clogged collections. In the era of the shifting financial landscape, the …

What is Payment Reconciliation? Best Practices & Automation

Payment Reconciliation – Process, Best Practises & How to Automate it? Well, somewhere, a finance team is experiencing issues with their reconciliation right now. Whether that be discovering manual errors or realizing that something is missing because of a time zone difference, it is never a dull moment when it comes to reconciliation, especially if …

What is Account Reconciliation?

What is Account Reconciliation? Account reconciliation is an essential part of accounting, and it’s something that everyone in the financial team has to deal with – from the controller to the accountants.  Reconciliation is simple: it’s the process that compares internal financial statements against external statements from a bank or other financial institution, making sure …

Figuring out the Future Financial Stack Trends for High Performing Teams: Insights from David Appel

How can you read the tea leaves and see into your company’s financial future, especially when it comes to the rise of subscriptions? As David Appel, the Head of Subscriptions & SaaS Vertical at Sage Intaact, cloud-based financial management, and services company, said, the future macro trends are already playing out in today’s market.  “You’re …

Igniting Growth with Billing Automation

So you’ve built a good business, and you’ve made a name for yourself. You’ve created stable revenue streams, and you’re looking to scale up. Now you’re here wondering whether automated billing makes that big a difference, strap in. 

It’s Time to Automate Your Most Error-Prone Process: Reconciliation

We know that it’s that time of the year or the month again: time for reconciliation. It’s an age-old accounting practice that anyone working in the finance department is familiar with. You and your colleagues likely spend much longer working, at home or in the office, during the month or quarter-end, all to make sure …