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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. For business owners, a working knowledge of both accounts payable and accounts receivable is necessary to sustain business operations.

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Interesting Niches under a COVID Cloud

BuildYourFirm

Technology Oriented Businesses – FAANG stocks (Facebook, Amazon, Apple, Netflix, Google) are red hot and so are the next tier of providers. For that matter, most technology oriented businesses have not suffered like the industries above. Accounting for Cyber Security and Technology. Accounting for Film Production.

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What’s Behind SoftBank’s Tech Investment Moves?

PYMNTS

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus.

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5 Key Factors to Consider when Selecting and Implementing an ERP system

Cherry Bekaert

An Enterprise Resource Planning (ERP) system functions as the backbone of a company’s business practices and integrates and automates many internal processes and information systems across an organization. Selecting the right ERP solution and effective implementation of the technology will provide countless benefits.

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Business Budgeting Software Guide: Budgeting Software for Small to Enterprise Business

Snyder

Static budget – the most basic type of budget that takes into account only fixed expenses – the ones that don’t depend on production or sales volumes. You might also want to take into account some seasonal fluctuations in revenue. It can also automate gathering data like sales, expenses, taxes, etc., Cash-flow analysis.

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Ant Financial Offers Face Scan Service For Package Pickup In China

PYMNTS

Ant Financial Services Group , the financial affiliate of Alibaba Group, announced news that its customers can now use facial recognition technology to scan, unlock and pick up packages at select smart courier cabinets in Shanghai. The news comes on the heels of Apple iPhone X ’s own face ID feature. In addition, some people, such as U.S.

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Best Enterprise Accounting Software

inDinero Accounting

With reliable enterprise accounting software, businesses can have up-to-date information about their finances in real-time. However, with so many options on the market today, finding the right enterprise accounting software can be difficult, especially if you don’t have in-house experts to help you navigate the process.