To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In response to an onslaught of unpredictable challenges ...

Set up an accounts payable process to ensure vendors are paid on time, reduce duplicate payments, and maintain accurate financial records for your business.

When municipalities are put to the test by a disaster such as COVID-19, sometimes it’s little process improvements, simple efficiency or bookkeeping practices that make the difference between staying ...

To say Covid-19 had a big impact on SMEs is an understatement. With the first wave of lockdowns, many businesses were plunged into crisis mode almost overnight and forced to dramatically adapt their ...

Experts advise business owners to clean house, get inventory movingA business with a poorly organized accounts payable system was routinely taking a month or more to approve and pay invoices, said ...

Mergers and acquisitions require the integration of two or more company's accounts into one working system. A small business may post to accounting records manually, whereas another business may use ...

Your accounts payable balance is the total money you owe to suppliers who have extended credit to you for your purchases of supplies or merchandise. When making a payment on your small business's ...

Payment automation is a digital solution an increasing number of companies are adopting. Commerce Bank is among the financial institutions working to help business clients make the transition more ...

Here are the most frequently asked questions about reimbursements and payments. Does Accounts Payable issue checks for all reimbursements? Employee reimbursement requests below $50 should be submitted ...

Accounts payable represents money a company owes to suppliers for goods or services bought on credit. Effective management of accounts payable helps maintain cash flow and build supplier relationships ...