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Tag: Accounting

Understanding the Accounts Payable Department

A company’s Accounts Payable (AP) department carries the very important responsibility of tracing what the business owes to suppliers and vendors and verifying that...

Independent Bank Group, Inc. Reports Fourth Quarter Financial Results and Declares Quarterly Dividend

MCKINNEY, Texas–(BUSINESS WIRE)–Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended...

FTX’s $1 Billion Sell-Off Prompts Outflows from GBTC

Following the approval of spot Bitcoin exchange-traded funds (ETFs), the crypto market has experienced a surprising downturn after FTX unloaded a staggering $1 billion worth of...

What is days payable outstanding? And how to calculate DPO?

Days payable outstanding is one of several key accounts payable KPIs to track and acts as a stand-in for overall operational efficiency. At its...

Software Startup Bluesheets Raises US$3.5M in Series A Funding – Fintech Singapore

by Fintech News Singapore January 22, 2024 Bluesheets, a Singapore financial automation software company, has successfully...

Bridging the Gap in Modern Data Management – Fintech Singapore

by Rebecca Oi January 22, 2024 In the fintech industry, where data flows are as crucial as...

What is a Blanket PO?

If you run a daycare, you’ll probably end up going through a lot of baby wipes. Critical in caring for babies and young toddlers,...

Manta Pacific’s Long-anticipated Airdrop Failed To Meet Expectations

Manta Pacific has carried out its long-anticipated airdrop but the airdrop has, however, failed to meet expectations. In addition to dashed hopes,...

NFT Market Surges? $42.8M Trading Volume Signals Comeback

Ethereum NFT market hits a 7-month high, reaching $42.8 million. Blur dominates with 82% volume, and PudgyPenguins surges 65% in 7 days. The Ethereum...

WEF Survey: AI and Geopolitics to Worsen Global Economy

Economists predict slowed global growth due to geopolitical strife and tight financing, while AI advancements are expected to increase inequality, according to a Davos...

Global Derivatives Market Surges 64%

The FIA.org has released a report on the futures and options traded on exchanges globally in 2023, highlighting a surge in overall derivatives trading....

How A Business Bank Account Can Help Your Small Business in 2024

Running a business isn’t easy, be it small or large scale. There are several things one needs to consider such as clients, relations, managing...

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