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 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... September 8, 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
