Resources

Accounts Payable (AP) processes are a critical component of your business operations. Yet, manual AP workflows often become cumbersome, costly, and error-prone – hindering efficiency and impacting cash flow. Thankfully, automating Accounts Payable with Cashbook’s AP Automation solution provides businesses with a streamlined, accurate, and reliable way to handle vendor ...

Managing cash flow effectively is vital for any business, and a key indicator of financial health is Days Sales Outstanding (DSO). DSO measures how long, on average, it takes your company to collect payments from customers after sales are made. A high DSO means longer wait times for cash, potentially ...

Angel investors provided over $18 billion in capital to early and mid-stage companies in the United States last year, with additional billions invested in European companies.  There are 422,000 active angel investors in the US. I became one last year when I invested in Cashbook LLC, a fintech software company ...

Managing payments across different countries and currencies is never easy. With varying bank formats, ever-changing exchange rates, and a maze of compliance rules, international transactions can quickly become a mess. That’s where Cashbook’s Accounts Payable (AP) Automation makes a real difference – streamlining your payment process so it’s faster, more ...

Accurate bank reconciliation is crucial for every organization’s financial health. Yet, businesses frequently find manual reconciliation time-consuming, error-prone, and inefficient, especially as transaction volumes grow. Integrating bank reconciliation directly into your ERP (Enterprise Resource Planning) system using a specialized tool like Cashbook significantly streamlines this critical process. In this post, ...

On Thursday, May 9th, Cashbook CEO Greg Coulter and Partners Director Haroon Panezai attended the Digital Revolution Awards at the historic Guildhall in London. The event marked an exciting moment for Cashbook, as it also kicked off our new partnership with Nexer Enterprise Applications. Nexer, Platinum sponsors of the event, ...

In today’s competitive business environment, companies running Infor XA (formerly MAPICS) are reassessing their ERP capabilities. The system is robust for manufacturing and supply chain management. However, it has clear limitations in cash flow management and accounts receivable automation. As a result, an increasing number of organizations are turning to ...

Bank reconciliation is a vital process for maintaining accurate financial records, detecting fraud, and ensuring compliance. Whether you’re preparing to automate reconciliation or improving an existing system, applying best practices is key to maximizing efficiency and control. In this guide, we’ll explore both pre-implementation and post-implementation bank reconciliation best practices—with ...

Accurate bank reconciliation is essential for maintaining financial integrity and ensuring that your company’s financial records align with bank statements. This process helps identify discrepancies, prevent fraud, and provide a clear picture of your cash flow. Here’s a comprehensive guide to achieving precise bank reconciliations. Key Takeaways: What Is Bank ...