SWIFT, short for "Society for Worldwide Interbank Financial Telecommunication", was founded in 1973 by Belgian giant telecommunication. At the time, SWIFT was groundbreaking because it provided a network and a platform for banks to facilitate cross-border fund...
Any business with workers who expend costs should have a robust plan in place to manage these charges. Even if you only have a few employees piling up expenses, you'll need a guide to clarify what is and isn't compensable. You can keep costs under control while...
Every business, irrespective of the scale and sector it is related to, requires a good set of clout and contacts within the industry to enable its pathway to success. This is especially true with the procurement process, both direct and indirect. Though many...
Accounts payable is among the most critical duties in every modern organization. Indeed, every company must pay its debts; you can't afford to make a mistake here. Before processing a vendor payment, your company's accounts payable department will have a series of...
Within an organization, managing the vendors that provide you with the materials you need is essential. They are the backbone of a business and ensure you can function correctly. However, vendor maintenance is a broad term and requires a thorough explanation of what...
Invoicing is a significant part of any organization, whether small or big. Every transaction or expense performed on behalf of the company needs to be taken care of in an official format; that is what invoices are for. Around 15 or so years ago, everything related to...