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Thought Leadership,Engineering

Strategies to prevent expense fraud

Strategies to prevent expense fraud

In this post, we’ll look at different types of expense fraud, understand how to detect it, and give tips to help your organization take strides toward preventing it.

Does a company credit card affect your personal credit score? Find out.

Does a company credit card affect your personal credit score? Find out.

This blog post explores how different types of business credit cards function, the factors influencing their impact on personal credit, and ways to mitigate potential risks.

The best way to achieve long-term financial goals for your small business

The best way to achieve long-term financial goals for your small business

Running a small business comes with its own unique set of financial challenges, and achieving long-term success requires more than just handling short-term needs. With the right approach, you can create a plan that’s both effective and easy to manage. This blog will show you how.

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.

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.

Scaling Onyx (a postmortem)

Scaling Onyx (a postmortem)

I wanted to quickly take a moment to apologize for some performance and reliability issues we had a couple weeks back.  In the spirit of transparency, here are comprehensive details on what happened, how it was fixed, and how we will ensure better reliability going forward.

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.

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