What are Accounting Manager Responsibilities?
July 31, 2023 - Improve Accounting

Discover the key responsibilities of an accounting manager and gain insights into their role in financial management, budgeting, reporting, and team leadership.

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What is the Segregation of Duties?

Struggling to grasp segregation of duties? You’re not alone! It’s an essential internal control in accounting and understanding its importance for a successful and secure business. What is the segregation of duties?

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What are the Benefits of Full Cycle Accounting?
June 12, 2023 - Improve Accounting

Discover the advantages of implementing full cycle accounting in your business with our comprehensive guide.

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How Do You Write an Accounts Payable Procedures Manual?

Accounts payable is focused on increasing the size of assets, while maintaining a solid credit rating, and increasing purchasing process velocity.

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What are the Benefits of Procurement Software?

If you are an organization, company, or business that has to deal with dozens of clients daily, procurement software could make your finance management a lot easier. The software will help you analyze your total spending, track thousands of suppliers, pay attention to individual supplier performance and promote compliance. What are the benefits of procurement […]

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Working Capital? | Definition
January 7, 2022 - Strengthen Your Financials, W Terms

Working Capital is a common measure of the health of your business operations. Knowing how to manage working capital is a crucial aspect of financial procedures. Working capital refers to the funds required to operate your firm on a daily, weekly, and monthly basis. It is the money used to pay your suppliers for materials, […]

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Why is a Business Credit Score Important?

A business credit score is an indicator of your overall business financial health. It lets lenders and suppliers know you can pay your debts, and is a useful tool for cementing a reliable reputation.  But it is your credit policy that protects your business cash. Why is a business credit score important?

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What are Basic Purchasing Process Procedures?

Purchasing Procedures provide vendor selection and purchasing controls. Which ones should your company be sure to utilize?

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How to Manage Working Capital

Working capital is the money it takes to run your business. What areas should you actively manage in order to get the most from your working capital?

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