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From Our Blog

liquidity management

Liquidity Management Definition: What Is Liquidity Management?

Liquidity management has become an essential aspect of cash flow management as businesses increasingly look to optimize their working capital. With more companies operating on tight margins, it is critical to understand what liquidity is and how it can be managed effectively. But what exactly is liquidity? Liquidity refers to the ability of a company…
credit card reconciliation

What is Credit Card Reconciliation?: The 2023 Guide

Credit card reconciliation is becoming more pressing as companies across all industries make organizational purchases with credit cards. Credit cards are becoming the dominant way to spend money, whether you’re an individual paying for an Uber ride to work or a business purchasing software from one of its suppliers.  The Federal Reserve reports credit card…
supplier scorecard

What Is a Supplier Scorecard and How to Create One

A supplier scorecard is an essential tool that measures a supplier’s performance against specific metrics. It is used by both small and large businesses to manage and keep track of their supplier performance. Most businesses are looking for ways to improve their bottom line by finding ways to reduce costs, while maintaining or improving quality….