Lisa Turkington

In any accounts payable process, the invoice approval process is a crucial step. But when approvals are delayed—or worse, forgotten—businesses face more than just administrative backlogs. Unapproved invoices can cause late payments, supplier frustration, and even financial reporting issues. If you’re still relying on emails, spreadsheets, or paper-based workflows to approve invoices, you’re not just […]

Manual order processing still exists in many businesses, especially where teams rely on email, spreadsheets, and rekeying customer orders into ERP systems. But this outdated method is time-consuming, error-prone, and holding your business back. Let’s look at how automated sales order processing changes things. The Problem with Manual Order Processing Every time a sales rep

Are your invoicing methods causing late payments? For many finance teams, late invoices aren’t just an inconvenience—they directly impact cash flow, delay reporting, and create unnecessary pressure at month-end. But while it’s easy to blame customers for paying late, the truth is: internal processes are often the hidden culprit. Let’s take a closer look at

When managing accounts receivable, knowing who owes you, how much, and for how long is key. That’s where the aged trial balance comes in — a snapshot that helps finance teams keep customer payments on track and cash flowing. What Is An Aged Trial Balance For Accounts Receivable? An aged trial balance for accounts receivable

Healthy working capital is a good sign—until it isn’t. While many assume “the more, the better,” high working capital can actually hint at inefficiencies within a business. What Is Working Capital? Working capital is the difference between current assets (like cash, inventory, and receivables) and current liabilities (such as short-term debts and payables). It’s a

When you’re just starting out, using automated billing might not seem necessary, and manually creating and sending invoices can feel manageable. But as your business scales, so does your billing complexity—and that’s where manual processes start to break. Whether you’re handling hundreds of monthly invoices, juggling subscription plans, or managing diverse customer payment terms, automated