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Expense Management for Startups: Essential Practices & Software Solutions

Expense management is the processes and policies by which companies track and reimburse employee-initiated expenses. Better expense management leads to better spend management.
Expense Management Automation: Streamline & Save | [Your Company Name]

After employee payroll and benefits, corporate travel and entertainment (T&E) is the second-largest controllable expense for companies. Because it makes up such a large chunk of a company’s
EBIT vs. EBITDA: Understanding the Key Differences

Earnings before interest and taxes (EBIT) and earnings before interest, taxes, depreciation and amortization (EBITDA) are two commonly used measures of business profitability. As their names suggest,
EBITDA: Understanding Earnings Before Interest, Taxes, Depreciation & Amortization

Earnings before interest, taxes, depreciation and amortization, or EBITDA, is often described as a profitability metric. That’s misleading: A business may report a net loss but still have positive EBI
Understanding EBIT: A Guide to Earnings Before Interest & Taxes

Earnings before interest and taxes (EBIT) is a common financial metric used to assess a company’s operati
Direct Deposit for Small Business: Benefits, Risks & Setup

Paying your employees and contractors accurately and on time is a painless way to keep morale high and retain t
Cost of Goods Sold (COGS): Definition, Calculation & Importance

Cost of goods sold (COGS) may be one of the most important accounting terms for business leaders to know. COGS includes all of the direct costs involved in manufacturing products. Understanding COGS,
Understanding the Cash Flow Statement: A Comprehensive Guide

One question is fundamental to any business: How much money is coming in versus how much is going out? A cash flow statement answers that and provides a clear picture of whe
Understanding Cash Flow: Types, Formula & Analysis

When you need to know how a business is performing, measuring cash flow can tell that tale. Experts advise star
Cash Flow Analysis: A Comprehensive Guide for Business Success

Cash flow is the amount of cash and cash equivalents, such as securities, that a business generates or spends over a set time period. Cash on hand determines a company’s runway—the more ca
Cash Basis vs. Accrual Basis Accounting: Understanding the Differences

Companies can choose between two primary accounting methods: cash basis and accrual basis. The adage “timing is everything” captures the biggest difference between them. Cash accounting re
Cash Accounting Explained: Benefits, Drawbacks & vs. Accrual Accounting

When deciding how to report income and expenses, business owners may choose from two accounting methods: cash basis accounting and accrual accounting. Along with impacting how a business maintains its
Finance & Accounting Team Building for Small Businesses | Robert Half

Every small business needs an accounting and finance function. How many people are on that team and what their jobs entail depends on the size of the business and the complexity of its finances.
Budgeting vs. Financial Forecasting: Understanding the Differences

A budget estimates how much money your business will earn and how much it’ll spend over a specific period
Lease Accounting Explained: A Comprehensive Guide for Beginners

Use this lease accounting guide to learn about the types of leases, how to present them
Startup Financial Projections: A Comprehensive Guide

Financial projections and financial forecasting provide a view into the future financial health of your startup. The terms are sometimes used interchangeably, but there are key distinctions that make
Financial Modeling for Startups & Small Businesses: A Comprehensive Guide

Economic uncertainty was already a major concern for small businesses surveyed by the NFIB, and those results r
Expense Management Software: 9 Benefits for Businesses

All companies need to track the cost of doing business, part of which includes managing expenses. Employees must submit expense reports to be repaid for out-of-pocket purchases. Managers need to appro
Financial Planning for Small Businesses: 9 Essential Tips

Starting a small business can be exhilarating and overwhelming all at once. It’s tempting to devote the lion’s share of time and effort to developing your product or service, hiring the ri
Expense Management Best Practices: A CFO's Guide to Control Costs

After employee payroll and benefits, travel and entertainment (T&E) is the second-largest controllable expense for companies. That makes following expense management best practices—the proce

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