Thought Leadership,Company Life

40+ business travel statistics for 2024

40+ business travel statistics for 2024

In this post, we’ve compiled over 40 business travel and tourism statistics, covering topics such as the average business trip cost and the rise of “bleisure.” Let's dive in and see how they can impact your next business trip.

Credit card reconciliation: Your business’s complete guide

Credit card reconciliation: Your business’s complete guide

Whether you're a small business owner or managing a finance team, our handy guide demystifies credit card reconciliation. We’ll ensure you're well-equipped to tackle this task with confidence and ease.

Indirect spend vs. direct spend in your company expenses

Indirect spend vs. direct spend in your company expenses

In this blog post, we’ll explore the differences between direct spend vs indirect spend and how understanding these different expense types can help businesses better navigate their financial landscape and maintain a healthy bottom line.

Expense management vs. spend management

Expense management vs. spend management

When diving into the world of business finance and operational efficiency, two terms often emerge front and center: expense management and spend management. In this post, we’ll learn how they each play unique roles in shaping a company's financial strategy. 

Opportunity cost formula + how to calculate it for your business

Opportunity cost formula + how to calculate it for your business

Opportunity cost helps in making informed decisions that can maximize profit and efficiency. In this blog post, we will break down the opportunity cost formula, explain its components, and provide practical examples of its application in business.

Six benefits of outsourcing accounting for small businesses in 2024

Six benefits of outsourcing accounting for small businesses in 2024

In this post, we’ll explore how small businesses can benefit significantly from outsourcing their accounting functions, focusing on why the beginning of 2024 is an opportune time to start this journey.

Spend control 101: Everything a small business owner needs to know

Spend control 101: Everything a small business owner needs to know

In this blog, we’ll explore the importance of spend control and provide actionable tips for creating a culture of financial responsibility within your team.

Mileage reimbursement: Everything you need to know for 2024

Mileage reimbursement: Everything you need to know for 2024

Understanding mileage reimbursement is crucial for employees who use their personal vehicles for business and employers who need to reimburse them fairly and efficiently. We’ll break it all down for you in this blog post.

Expert financial planning tips and tricks for teachers

Expert financial planning tips and tricks for teachers

We’ve rounded up 12 tips to help teachers manage their money, expand their wealth, and take advantage of well-deserved discounts. Learn more!

12 strategies for future-proofing your business

12 strategies for future-proofing your business

In this article, we're rolling out 12 smart strategies to help you future-proof your business and set yourself up for long-term success.

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