Maintaining a healthy cash flow is important for the success of any business and companies need to be prepared for the unexpected. A sale today may create an unplanned expense tomorrow, which may put a company's balance sheet at risk. more…

Royalties are usage-based payments made by one 'licensee' to another 'licensor' for ongoing use of an asset, most typically an intellectual property right. more…

Service organizations use sophisticated ERP application systems to manage the countless business transactions they incur everyday. A typical job can consist of multiple sales and purchase orders, invoices and payments. more…

Wholesalers usually trade goods without keeping inventory. They assemble, sort and grade goods in large lots, break bulk, repack and finally redistribute in smaller lots. more…