Reconciliation
May 12, 2025 9:21 am |
The process of matching financial records—such as payments and invoices—to ensure accuracy in accounting and reporting.
Archives
Remittance Advice
May 12, 2025 9:21 am |
A document that accompanies a payment, listing the invoices and amounts included to assist with reconciliation.
Routing Number / ABA Code
May 12, 2025 9:21 am |
A nine-digit code used in the U.S. banking system to identify financial institutions and direct electronic payments. S
SaaS (Software as a Service)
May 12, 2025 9:21 am |
A cloud-based software delivery model where users access applications via a subscription through a web browser.
SDK (Software Development Kit)
May 12, 2025 9:21 am |
A collection of development tools that programmers use to build and integrate software applications.
SMB/SME (Small and Medium Business/Enterprise)
May 12, 2025 9:21 am |
Companies with a limited number of employees or revenue—typically with agile finance needs.
Supplier Enablement
May 12, 2025 9:21 am |
The process of onboarding suppliers to electronic invoicing and payment systems to streamline transactions.
Supplier Network
May 12, 2025 9:21 am |
A connected platform that links buyers and suppliers to exchange invoices, payments, and remittance information efficiently.
Supplier Portal
May 12, 2025 9:21 am |
A self-service web portal for suppliers to submit invoices, check payment statuses, and update account information.
Supply Chain Finance
May 12, 2025 9:21 am |
A financial strategy enabling suppliers to be paid early by a third-party funder, improving cash flow for all parties. T
