There are many payment methods available to a company for accounts payable. Each of them has its advantages and disadvantages. When it comes to choosing one of the methods, it can be overwhelming. Researching each method and trying to apply every one of them according...
A Brief Review of Amazon Web Services(AWS)
Infrastructure as a service or IaaS is a cloud computing service that offers various services on a pay-as-you-go basis. These services may often include needed services like computing resources, storage, and networking resources on demand. It is one of the four types...
What is AP/AR netting, and Why is it Necessary?
Accounts payable and accounts receivable departments are the most essential parts of any company. They make sure that any transactions that need to be made in your company are done safely and successfully. These transactions are done to pay vendors and customers (or...
What Makes an Accounts Payable Team?
The accounts payable department of a company is one of its most important building blocks. However, it has been one of the slowest to adapt to change. However, this shift is now being accelerated due to the trends of automation taking flight amongst accountants across...
Is Paying Employees in Crypto a Viable Option?
Cryptocurrencies took over the market around five years ago, and since then, popularity has never declined. On the contrary, more and more people are looking into ways to invest in cryptocurrencies. Many companies and individuals on top of the business industries...
A Brief Guide on Accounts Payable (AP) and Accounts Receivable (AR)
An organization sustains itself by receiving money for its goods and services while spending on its ability to produce those goods. Accounts payable and receivable is a concept that is the same thing but has more layers. If you are a business, then accounts receivable...