SURVEY: 3 in 5 accountants make errors every month A new survey from Gartner reveals that most accountants (59%) make errors every month as increased regulatory complexity and economic volatility [...]
The role of accounts receivable in a company’s success is often underestimated. Sales, marketing, and product or service delivery are seen as revenue generators, while accounts receivable [...]
Nonpayment affects every business, but for small to mid-sized businesses (SMBs) who sell to other businesses, the stakes are especially high. Unlike enterprises, SMBs often have a smaller credit [...]
At a time when business bankruptcies and interest rates are rising, companies face higher risks of nonpayment for goods and services delivered. Yet many are not managing credit carefully enough [...]
A recent report revealed that the number of companies restating results or revealing accounting flaws surged more than 150% in 2023, proving that even large companies struggle to manage their [...]
According to the Bureau of Labor Statistics, 18% of small businesses fail within their first year, while 50% fail after five years and approximately 65% by their tenth year in business. While no [...]
Businesses in every industry have seen their financial resilience pushed to the limit in recent years. Since 2020, business owners have faced a pandemic, inflation, rising interest rates, a [...]
The collapse of Silicon Valley Bank set off a wave of panic about the banking industry, and American businesses aren’t out of the woods yet. Here are three ways to protect your business from the [...]
Many owners of small and mid-sized businesses are letting revenue slip through their fingers with every invoice they issue, says Brian Holden, Chairman and CEO of AR Funding. The bigger issue is [...]
While some businesses in some industry segments are having a banner year, many are facing downward trends due to a shortage in raw materials and staff. Subsequent regulatory and policy [...]