What is Electronic Invoicing (E-Invoicing)?

Introduction

Every day, businesses around the world, generate and share millions of invoices for the buying and selling of goods or services. Invoicing is the cornerstone of how businesses across the globe operate. Yet…

A Complete Guide to Self-Billing in Business

Self-billing refers to the situation in which, a customer, not the supplier, takes charge of invoicing.

Consider a small manufacturing business that supplies components to a larger assembly plant. Instead of the supplier…

A Complete Guide to Digital Transformation in Accounts Payable

Accounts Payable (AP) processes are an important function for every business, overseeing the outgoing payments to suppliers and vendors. Traditionally tackled through manual processes, digital transformation is now at the…

What is Business Email Compromise (BEC)?

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. In business operations, BEC is often used to manipulate individuals within an organization for financial fraud or unauthorized access to sensitive…

Types of ERP Systems: Choosing the Right Solution for Your Business

Enterprise Resource Planning or ERP are software solutions that are a centralized hub for managing an array of essential business functions. These encompass everything from accounting and procurement to project…

International Accounts Payable: Strategies for Global Financial Management

In an increasingly interconnected global economy, international accounts are a usual part of most business operations. Whether you are a startup catering to multiple markets or a well-established…