Intangible assets represent non-tangible but valuable resources for a company, offering competitive advantages or contributing to earning potential, unlike tangible assets like machinery or real estate.
Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business, and is an important measure of a business's financial health and ability to pay its bills and generate profits.
Invoice management is an important part of the accounting process, helping to ensure that invoices are paid on time, all necessary information is included, and the accounting process is streamlined, resulting in improved cash flow, reduced errors and disputes, and cost and efficiency savings.
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