Cheqly team, Author at Cheqly

How to Trace an International Wire Transfer

by Cheqly team | September 5, 2025 | 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 Primary Account Numbers (PANs) Work and Why They Matter

by Cheqly team | September 2, 2025 | Primary Account Numbers (PANs)

In the modern era of a rapidly changing digital economy, undertaking credit card transactions necessitates that the confidentiality of customer data is guaranteed, and companies must regard this as a key priority. One aspect related to card payments is the Primary Account Number (PAN), which is a set of numbers that appears on the card. … Continued

How to Determine Bad Debt Expense

by Cheqly team | August 29, 2025 | 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

Common Accounts Payable Challenges and How to Solve Them

by Cheqly team | August 27, 2025 | Accounts Payable Problems and Solutions

Accounts payable (AP) is the lifeblood of the financial success of any company, but 39% of invoices still contain errors, and some businesses take an average of 14.6 days to process a single invoice manually. These issues, ranging from invoice adjustments, late payments, manual routines, to compliance problems, often lead to errors, missed due dates, … Continued

A Guide to Precedent Transaction Analysis

by Cheqly team | August 26, 2025 | Precedent Transaction Analysis

Global M&A deal value surged 15% in 2024 to cross $3.4 trillion, underscoring that strategic deals remained a priority across sectors. With so many sectors seeing deal activity, understanding how to accurately value your business is more important than ever. Whether you are contemplating selling your business, seeking new capital, or just need an accurate … Continued