The Financial Back Office

Supply Chain Mapping

Supply Chain Mapping

Why Supply Chain Mapping is Essential In the traditional view of finance, a "supply chain" is something that happens in a warehouse; however, your...

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Fixed and Variable Expenses

Fixed and Variable Expenses

The back office is often judged by one metric: predictability. A "surprise" in the middle of a fiscal quarter is rarely a good thing. To maintain a...

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Accounts Receivable

Accounts Receivable

If you’ve ever sent an invoice and waited for the check to arrive, you’ve dealt with accounts receivable. It’s the bridge between making a sale and...

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Supply Chain Management

Supply Chain Management

The journey of a product from its initial components to the hands of the end-user is incredibly complex. This network of processes, organizations,...

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Single Source of Truth

Single Source of Truth

In recent years, companies have been simultaneously drowning in the sheer amount of data but also in desperate need of certainty. Have you ever been...

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The Parts of an Invoice

The Parts of an Invoice

Decoding Your Bill For those not familiar with invoices, it may feel like a jumble of numbers, letters, and jargon. "I'll just look at the total...

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Remittance

Remittance

The financial back office handles the critical processes that ensure transactions are completed accurately, securely, and compliantly. Among its...

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Reconciliation

Reconciliation

In business finance, you have your books (your internal records), and you have your bank statement (the external reality). In a perfect world, these...

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