The social media giant will buy invoices from small businesses owned by women and minorities, sparing them the usual wait to be paid by customers.
Credit carries risk, but smart credit policies help the business grow.
Manually entering invoices into the general ledger has a negative influence on the total cost of processing accounts payable per invoice.
Years of low interest rates and easy credit have allowed companies to take their eye off the ball when it comes to managing days sales outstanding.
How auditing transportation costs and managing business intelligence can increase your bottom line.
Nothing destroys relationships with critical vendors like payment delays.
