Bookkeeping basics: accounts payable—asset or liability?

Business-to-business and business-to-consumer are two business models, requiring different strategies for marketing, customer service, and payment processing.

Supporting small businesses is more important than ever. Find out why, what happens when you do, and how Melio is leading the charge in 2022 with its "Shop Local" campaign.

Virtual accounting needs a different approach to all aspects of your practice, from client management to marketing. Here are the steps to ensure you're on the right track. 

Josiah Martin, the owner of Martin’s Handmade Pretzels, explains how innovative technologies helped his family business recuperate after a devastating fire.

Assets and liabilities are two basic indicators of a business's financial health. Here’s everything you need to know about how they fit into your balance sheet.

Finding the perfect accounting niche will help grow your accounting firm, bring more profit, and keep you booked and busy in 2022 and beyond.

Phishing attacks target individuals and organizations worldwide. What’s phishing, how does it happen and how can you protect yourself from it? Read this article to learn more.

What is cash flow and why is it important? Here’s a quick no-nonsense resource that demystifies the term and makes cash flow management a breeze.

Financial literacy and financial technology can play a critical role in leveling the playing field for small businesses and helping them compete.

We’ve compiled a short guide on how to transition your clients from traditional payments (like checks) to EFTs with little-to-no bumps along the way.

SWIFT is a messaging system that allows financial institutions to efficiently and safely communicate, share information, and transfer money across borders.

Cloud accounting is an unprecedented opportunity to offer more services while reducing time and costs. Read this guide to learn how to get the most out of the cloud.

You can free your clients from the busywork of cutting and sending business checks, even when their vendor is set on getting paid by check. Here’s how.

The best advice anyone starting their own business can get is: don’t wait until tax season comes knocking to hire an accountant.

When you’re ready to dump DIY bookkeeping and outsource to a pro, you’ve got a few options. Bench's experts break down what's best for you.

Late payments can affect your relationship with your vendors, harm your reputation and derail your credit score. Here are the options to expedite a payment when you really need to.

What is processed like a credit card, offers better security, and saves you time on reconciliation? You guessed it: a single-use virtual card.

IBANs are crucial to simplifying international payments, making them faster, safer, and less prone to error.

One thing small businesses can do to ensure they thrive through periods of financial uncertainty is to abandon antiquated payment systems.

A good CPA isn’t cheap, but their deep accounting, tax, and financial knowledge can benefit your business in the long run. Learn how to get your money's worth.

Small business owners often don’t give online security enough thought. Here are five ways to keep your business safe without spending a dime.

Tech, automation, remote work, and DIY accounting have deeply disrupted the accounting profession. Here's how you can future-proof your practice.

We celebrated Financial Literacy Month by asking small businesses to share bad financial advice, so we can help others avoid the same mistakes.

Many businesses still pay suppliers and vendors with checks. So, we gathered some commonly asked questions about checks and, better yet, the answers.

Cash flow is the lifeblood of small businesses. Here’s a list of recommended cash flow apps to help you predict and manage your cash flow.

With inflation at its highest rate in 40 years, businesses everywhere are feeling the ripple effects. Here’s how to mitigate inflation’s impact on you

As a private consumer, you use credit cards for everything and collect card perks. It’s time you start enjoying the same benefits as a business.

Managing and reconciling your receivables just got a whole lot easier. Connect Business Central to Melio to sync accounts receivable automatically.

By the end of 2022, we plan to give out $50,000 to help small businesses cover some of their many expenses.

By offering AP/AR services, bookkeepers can grow their practice and increase revenues. To do it efficiently they first need to use the right tool.

payments by international wire transfers, letters of credit, or online payment services. Each has its pros and cons.

Many business owners are confused by the different types of ACH payments and are reluctant to use them. We’re here to sort this out for you.

In Melio’s latest white paper, we outline how new payment technologies can help the freight and logistics industry address its unique challenges.

Keeping your payments secure is an ongoing concern for any business. Learn which B2B payment method is safest for you - ACH, wire or checks?

A digital accounts payable tool can save you a lot of time and let you manage your bills from your living room or even your daily commute on the train

Three-way matching is a simple accounting method that businesses use to prevent errors in bill payments and avoid fraud. Read the guide to know more

If you use payment apps and can’t remember the last time you cut a personal check, there’s no reason not to pay all your business bills online too.

ACH payments are a popular way to transfer funds electronically. Here are Melio’s answers to the most frequently asked questions about ACH.

Accounts payable software is an important tool for your business. It can help you manage bill pay, track vendor payments, and maintain cash flow.

By implementing payment approval workflows for your accounts payable you gain control and clarity over the expenses of your business. Here's how to do it.

What's the difference between ACH and wire? Both are common ways businesses can transfer B2B payments online, each with pros and cons. Learn how the two differ.

During the holidays, massive players with large marketing budgets have a huge advantage over SMBs. Here’s how we attempt to level the playing field

As we step into 2022, we wanted to take a moment to celebrate the highlights of the passing year that made us feel as bubbly as our New Year’s toast.

To business owners, accounts payable remain an unpleasant chore that comes with following their dreams. Digital tools are here to help.

ACH transfers have unique benefits over other payment methods for certain businesses. Discover if and what your business has to gain from opting for ACH