Purchase order 10 Reasons for Using a Purchase Order Approval Software Using software for purchase order (PO) approval, does not only save you tons of time but comes with additional... January 8, 2024
Business What is Committed Expenditure? Every time you order something from a supplier, you make a commitment to pay something in the future, also... September 10, 2023
Purchase order What is a Purchase Order (PO) A purchase order (often referred to as PO) is a legally binding document that is issued by a buyer... September 8, 2023
Cost Control What is 3-Way Matching? What is a 3-Way Matching Process A 3-way matching process is an internal control procedure that compares three documents:... September 4, 2023
Cost Control What are Liquidated Damages? Definition of Liquidated Damages Liquidated damages are a pre-agreed amount of money that one party to a contract agrees... September 4, 2023
Cash-Flow What is a Cash Flow Forecast and Why is it Critical in Your Business? For most businesses, a cash flow forecast is the single most important factor for keeping control of their business.... August 31, 2023
Cash-Flow What is commitment accounting? What is commitment accounting? Every time you order something from a supplier, you make a commitment to pay in... May 24, 2023
Business What is a Cost Breakdown Structure (CBS) and why is it important? What is a Cost Breakdown Structure (CBS) and why is it important? A vital part of project cost controlling... April 21, 2023
Cost Control Improve cost control with 7 simple steps In this article we will look at some simple steps to how you can improve cost control in your... October 27, 2022
Cash-Flow Using Purchase Orders to Improve Cash-Flow Forecasting in Project-based businesses In this article we will be looking at improving cash-flow forecasting in project-based businesses. According to the US Bureau... April 21, 2022
Project controlling 6 steps to keep your project budget on track 6 steps to improve your project controlling Financial project management can be a real challenge. Especially if you have... December 8, 2021
Business 5 steps to cut costs that will benefit business long-term A quick guide to cost cutting during an economic crisis Businesses all around the world are now facing challenging... April 1, 2020
