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

Common Accounts Payable Challenges and How to Solve Them

by Cheqly team | | 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 | | 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

Alternative Startup Financing Options Beyond Equity Fundraising

by Cheqly team | | Alternative Startup Financing Options

Traditional venture capital and angel investment is highly competitive, favoring founders with big networks or proven track records. Despite growing emphasis on diversity and inclusion, most capital still flows to well-connected entrepreneurs. These types of funding usually require founders to give up a large share of their company and some control over how it’s run.  … Continued

11 Key Financial Fraud Types to Watch For

by Cheqly team | | Types of Financial Frauds

Companies are being duped into paying tens of millions of dollars each year by increasingly clever fraudsters, hackers, and identity thieves, who are rapidly becoming adept at using deepfake technology to impersonate people. That’s an alarming sign! Financial fraud can significantly impact your business by causing direct financial losses, undermining your operations, and severely damaging … Continued

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