Articles by Mike Flanagan
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Automated invoice processing: A step-by-step guide
Automated invoice processing uses AI and OCR to handle invoices from capture to payment, replacing manual data entry with rules-based routing and approval.
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What is business to business ACH?
Business-to-business ACH is an electronic payment method that transfers funds between companies through the Automated Clearing House network, governed by Nacha.
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Cash flow statement direct method explained
The cash flow statement direct method reports actual cash receipts and payments from operating activities with line-by-line visibility.
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What is Infor ERP software?
Infor ERP is a family of cloud-based, industry-specific systems that connect finance, supply chain, and operations for mid-market and enterprise companies.
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Real-time payments: What they are and how they work
Real-time payments are instant bank-to-bank transfers that clear and settle 24/7/365, giving recipients immediate access to funds.
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Payment terms: Definition and types
Payment terms are the agreed-upon conditions between a buyer and seller that define how, when, and where a payment must be made for goods or services.