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Financial Ratios to Manage Accounts Payable

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Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?

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Text Appeal: SMS Helps Retailers Connect During Pandemic

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As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. As a result of the pandemic crisis it is urging its retail accounts to stay in touch with their customers via mobile, most specifically through SMS (short message service).

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Instacart Blames Reused Passwords For Account Hacks

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and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. Instacart advised customers to select unique, strong passwords for their accounts that they do not use on any other apps or websites as an extra precaution.

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Banks Can Take Coronavirus Money To Cover Negative Accounts

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Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. This was brought to our attention and the team worked quickly to figure out a solution on how we can help members during this unprecedented time,” Matthew Hartwig, USAA’s director of communications, told Newsweek. .

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SMB Tax Complexity Preserves Role For The Human Accountant

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Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

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Could TJX, Other Offline Retailers Regret Their eCommerce Abandonment?

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It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On one hand, the best way to get people in stores and avoid the fate of other brick-and-mortar retailers was to make online sales the only option.

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Xerox Digs Heels Into Accounts Payable Sector

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Xerox is strengthening its position in the accounts payable services space with a new suite of business solutions. The four industries Xerox is targeting include the insurance, healthcare, public sector and retail markets, each with its own tool to tackle industry-specific challenges through digital tools.