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Supplier management in 2025: 9 data-driven ways to cut procurement costs
Strategic supplier management through the use of AI is already saving companies up to 45% in procurement costs. Learn other key strategies to cut costs.
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What is the expense recognition principle?
The expense recognition principle states that expenses must be recorded in the same period as the revenues they generated. See examples to learn how it works.
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The CFO AI Digest: July 18
AI isn’t just a tool—it’s your newest teammate. As coding, compliance, and even security are handed off to agents, finance's mindset shifts beyond budget and headcount.
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What is OCR invoice processing in accounts payable?
OCR invoice processing automates data capture and validation from scanned invoices. Learn how it works and best practices to save time for AP teams.
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What is an ACH routing number?
An ACH routing number is a 9-digit code that identifies the banks involved in an ACH transfer. Our guide explains exactly where and how to find it.
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Accrued expenses: Definition, examples, and why they’re important
Accrued expenses are costs your business has incurred that you haven't yet paid for. See our guide for examples, best practices, and how to account for them.