Connected Accounting
Resources.
Check out our resources to learn about the benefits of automation and how it can transform your finance department.
Browse our assets below!
How to Use Sage’s Self Service for a Seamless Accounting Experience
Accounts receivable (AR) teams, today, are bombarded with emails all day, every day. On average, AR inboxes receive over 100 emails each day. And a good number of these are requests from customers
Protecting Your Cash Flow with Credit Management
The purpose of credit management is to develop a process for extending credit and collecting consistent with your company’s commercial and financial objectives. The goal is to achieve your cash flow targets. If
Sage Network June 2023 Update
The latest product enhancements to the Sage Network will revolutionize the way you manage your accounting tasks, and we can't wait for you to try out these latest product enhancements! In this post,
Your Guide to Credit Risk Management in 2023
For B2B businesses, credit management is essential for accounts receivable (AR) management success. Proper, healthy credit management allows for steady cash flow, better collections management and a manageable days sales outstanding (DSO). As
What is e-invoicing?
What is e-invoicing? E-Invoicing, also known as electronic invoicing or e-invoicing, is the process of exchanging business documents in an electronic format. Using this secure digital medium to send and receive invoices, purchase
What is Straight-through Processing and the impact on accounting teams in 2023
The term "straight-through processing" (STP) is thrown around a lot in the business world, but what does it actually mean? STP is an automated process that happens entirely electronically, with no need for
The Benefits of a Self-Service Portal for Accounting Teams
In the fast-paced world of accounting, efficiency is key. With the increasing demand for quicker and more accurate financial management, many accounting teams are adopting self-service portals. A self-service portal is an online
Sage Network Updates: Enhanced User Interface, Connections, and More
Lockstep is now Sage Network! As you explore Inbox and Portal, you will notice a name change throughout the app. We’re excited to share the latest Sage Network features with you! Among the
DSO is more important than DPO
Businesses today have a strong tendency to favor Days Payable Outstanding (DPO) over their Days Sales Outstanding (DSO). While having a low DPO has many benefits for your business, such as improved relationships
Credit Risk Management: What You Need to Know
Credit risk management (CRM) is a process that is designed to help businesses identify and assess potential credit risks, as well as methods for mitigating or reducing those risks. This practice is especially
Inbox Enhances AR and AP Workflows
With a focus on matching accounting team workflows and expectations, we've made several enhancements to the way Inbox manages AR and AP Workflows. Among these are the inclusion of credit memos and third-party
What is an accounting workflow?
As an accountant, you understand the importance of staying organized and efficient all year round. But what about your workflows? With such important day-to-day tasks to manage, a streamlined accounting workflow
Leveraging Automation for Credit Scoring
In today's economy, it is essential to be able to allocate credit where it is needed most. This means that businesses need to have accurate and up-to-date information about their customers' creditworthiness.
Lockstep Inbox Updates and Improved Navigation
Dedicated to creating an enhanced user experience, combined with our desire to create easier workflows for accounting teams, we've made several enhancements to Lockstep Inbox in recent weeks. In addition to enhanced performance
