Accounts Payable

Working capital management is critical to business success

Accounts Payable, Accounts Receivable, Assets, Capital Management, Cash Flow, Inventory Management, Small Business, Small Business Owners, Working Capital In Business / Douglas Freeman

Success in business is often measured in profitability — and that’s hard to argue with. However, liquidity is critical to reaching the point where a company can consistently turn a profit. Even if you pile up sales to the sky, your bottom line won’t flourish unless you have the cash to fund operations to fulfill all […]

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Checking in on your accounts payable processes

Accounts Payable, Business Technology, Cash Flow, Inventory Management, Small Business / Douglas Freeman

Accounts payable is a critical area of concern for every business. However, as a back-office function, it doesn’t always get the attention it deserves. Once in place, accounts payable processes tend to get taken for granted. Following are some tips and best practices for improving your company’s approach. Be strategic. Too often, businesses take a

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