Credit and Collections DefinedWhen defining credit and collections, it's best to begin with an understandin...

Getting to the Core of Accounts ReceivableAccounts receivable (AR) refers to the proceeds or payments that ...

Audit programs are a key component of the audit planning process. KnowledgeLeader's customizable audit prog...

Policies and procedures influence and determine major actions and processes throughout an organization. The...

Settlement risk, in its simplest form, is the risk that one party won’t hold up their end in a transaction....

Use the cash treasury best practices in this blog post to streamline your organization's daily cash flows a...

Explore how cost management involves all aspects of planning and controlling a budget with the tools linked...

Optimize your organization’s inventory turnover rates with the tools and best practices included in this bl...

What is Financial Instrument Risk?Buyers and sellers may enter into sub-optimal financial or commodity inst...

In recent blog posts, we’ve discussed KPIs for various processes and even gave a concise description of wha...

Outsourcing has become a keystone of major business operations to the point that it’s almost a given that l...

Budgeting is a systematic process for:Expressing future plans in formal quantitative termsAllocating resour...