The Institute of Financial Operations

JULY 12, 2021

Quite simply, it is a review of your Accounts Payable historical data for the purpose of identifying and recovering funds paid to your vendors and suppliers resulting from overpayments and under-deductions.

Accounts Payable 130

Accounts Payable Accounts Payable Auditing Accounting 130

Billing Platform

FEBRUARY 17, 2025

Accrued revenue is a cornerstone of accrual accounting, playing a vital role in accurately reflecting a company’s financial performance. We’ll also discuss best practices for recording it and why it’s critical for modern financial operations. What is Revenue Accrual? How Does Accrued Revenue Work?

Accruals 73

Accruals Accounts Receivable Accounts Receivable Account Receivables 73

MineralTree

OCTOBER 5, 2023

Sorting Out Appropriate Accruals Calculating accruals involves estimating the value of any outstanding invoices and recognizing them as liabilities on the balance sheet. Month-end reports are financial statements and reports that summarize an organization’s financial performance and position at the end of a given month.

AP 76

AP Reconciling Accruals Accounts Payable 76

AvidXchange

SEPTEMBER 30, 2015

Over the last decade, it has become apparent that AP automation can help improve the overall financial operations of a business. Automation Can Help With AP Automation , invoices are automatically stored in a centralized, searchable database so you can easily reconcile invoices and produce financial reports on demand.

AP 52

AP Accruals Accounts Payable Accounts Payable 52

MineralTree

DECEMBER 29, 2022

In this blog, we explore the key issues and trends that CFOs must tackle, and offer practical advice on how to prepare for these challenges in order to capitalize on the opportunities of financial digital transformation. What is Financial Digital Transformation? Streamline Accruals. Expand Electronic Payments.

AP 52

AP Accruals Financial Operations Financial Operations 52

MineralTree

OCTOBER 19, 2023

Considerations for Finding the Best AP Solution for Your Business Choosing the right AP software solution is a critical decision that can have a major impact on your business’s financial operations and ability to scale back-office processes over time.

Accounts Payable 75

Accounts Payable Accounts Payable AP Data Entry 75

Counto

FEBRUARY 22, 2024

Involves internal employees managing financial operations. Effective Accounting Practices to Adopt Maintain Separation: Keep personal and business finances distinct to gain a clear understanding of your company’s financial standing.

Accounting 52

Accounting Accounting Accruals Accounting Software 52