Articles
Direct, sourced answers to specific finance-operations questions, organized by topic.
Topic
Revenue Recognition
Revenue recognition determines when — not just how much — revenue hits the books. Under ASC 606 (US GAAP) and its international counterpart IFRS 15, revenue is recorded as a company satisfies its perf…
Read moreTopic
Payment Reconciliation & Cash Application
Payment reconciliation is the process of proving that every dollar that hit your bank account is accounted for somewhere in your books — matched to a deposit, a payout, an invoice, or an explained var…
Read moreTopic
Month-End Close
Month-end close is the set of accounting tasks a company runs after a calendar month ends to turn raw transactions into a finished, trustworthy set of financial statements: reconciling subledgers, boo…
Read moreTopic
AR & Collections
Accounts receivable is the money customers owe a business for goods or services already delivered on credit — a current asset on the balance sheet until it's collected. AR and collections, as a practi…
Read moreTopic
AP & Invoice Processing
Accounts payable and invoice processing is the set of steps a vendor bill goes through between arriving at a company and turning into a payment: capturing what the vendor sent, checking it against wha…
Read moreTopic
Integrations
Every finance automation vendor publishes an integrations page: a grid of logos, a claim of "seamless" connectivity, and not much else. That page answers a marketing question — does this vendor touch…
Read moreTopic
Spend & Expense Management
This cluster covers spend that shows up on a corporate card or an employee expense report rather than a vendor invoice: card transactions, reimbursements, and the controls that keep that spend from be…
Read moreTopic
Subscription & Usage Billing
This cluster covers how recurring and usage-based charges get billed, and how that billing connects to revenue recognition once the invoice is issued. It sits next to the Revenue Recognition cluster r…
Read moreNext step
Map the finance workflow with the most exposure and prove the automation path.
Bring the invoice, contract, payment reconciliation, or customer finance workflow you have to defend at audit. Loopfour can map the trigger, controls, integrations, and approval loop.