Modern businesses rely on external vendors for various services and products. Their services are crucial to an organization’s day-to-day operation,...

What are CapEx and Opex?  Capital expenditure (CapEx or capital expenses) refers to the spending of money on assets that...

What is a balance sheet? A balance sheet is a powerful financial statement that offers a precise picture of a...

Financial management tools As a CFO or VP of finance, you want to create long-term financial visions and ensure positive...

Virtual CFO When a company is in its growing phase, they need to take control of its finances effectively.  The...

Introduction Petty cash is a small amount organizations keep on hand for minor expenses like office supplies. But do you...

Introduction Coupa vs. Concur, which one do you think is better for your organization? This is not a question that...

Payment solutions Online payments are a necessity for any business that wants to thrive in the digital age. According to...

Corporate credit card policy Implementing corporate credit card policies and procedures is vital in protecting your company’s assets and managing...

Expense tracker It’s hard to keep track of expenses in a fast-paced small business environment.  Over time, however, with advancements...