Tag: accounts payable

  • What is working capital and how to calculate it

    What is working capital and how to calculate it

    Many indicators represent the health of a business. Working capital joins the ranks of income statements and balance sheets to determine the company’s financial status. The absence or lack of working capital affects its ability to invest in itself, its employees, technology, and continued growth. What is working capital? Working capital, also known as net […]

  • Fall in Love with Finance Series – Automating the Bill Payment Process

    Fall in Love with Finance Series – Automating the Bill Payment Process

    One of the things business owners don’t like to deal with is bill payments. It’s time consuming, frustrating and doesn’t add value to their business. With all the technology available today to SME’s it’s surprising to see that most bills are still paid using a paper based system. One of the reasons for this is […]