6 Ways CFOs Can Drive Growth with AI Today

by Cheqly team | | AI for CFOs

The development of Artificial Intelligence is swiftly moving from experimental pilots to widely accepted use, and Chief Financial Officers are the main players in this change. The finance leaders of today, who were once considered only overseers of budgets and rules, are now regarded as the main drivers of the company’s strategic growth. AI technology … Continued

How to Perform an Asset-Based Business Valuation?

by Cheqly team | | Asset Based Valuation

Knowing the true value of your business is one of the most important steps for a business owner when making informed decisions — whether you plan to sell, seek investment, or simply want a clear view of your financial position. Yet, research shows that 98% of business owners don’t know their company’s actual value. One … Continued

How to Trace an International Wire Transfer

by Cheqly team | | Track International Wire Transfer

Nowadays, international wire transfers have become important for business and personal transactions in the global marketplace. Every day, transactions worth several trillion dollars occur across the globe, facilitating global trade, investments, and personal remittances. However, due to the involvement of numerous banks and complex payment systems, tracking an international wire transfer is not always easy. … Continued

How to Determine Bad Debt Expense

by Cheqly team | | Bad Debt Expense Calculation

Managing customer payments and maintaining a healthy cash flow are critical for every business. Even with rigorous credit policies, companies face inevitable uncollectible receivables.  In fact, bad debts affect an average of 9% of all credit-based B2B sales in the US, which underlines the financial risk that comes with extending credit. As a business owner, … Continued

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