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Vendor management is a critical aspect of supply chain management and procurement, encompassing a range of activities aimed at establishing and maintaining positive relationships with suppliers. Effective vendor management ensures that businesses can maximize value from their vendor relationships wh...

Accounts receivable (AR) reconciliation is a critical process for businesses, ensuring that the financial records accurately reflect the amounts owed by customers. This reconciliation helps maintain the integrity of financial statements, aids in cash flow management, and supports effective credit co...