Tipalti

Barbara Cook

About Barbara Cook

Barbara is currently a financial writer working with successful B2B businesses, including SaaS companies. She is a former CFO for fast-growing tech companies and has Deloitte audit experience. Barbara has an MBA degree from The University of Texas and an active CPA license. When she’s not writing, Barbara likes to research public companies and play social games including Texas hold ‘em poker, bridge, and Mah Jongg.

Vendor Risk Management

Vendor risk management (VRM) is a continuous due diligence process implemented before and after purchasing from or outsourcing to third-party suppliers. Vendor risk management includes lessening risks of poor data security and cybersecurity failures, regulatory violations, and business interruption or disruption from supplier failure or significant supply chain delivery delays.

W-8ECI

The purpose of a W-8ECI form is to allow an eligible foreign person to get an exemption from tax withholding on income effectively connected with conducting a trade or business in the United States. A foreign person submitting Form W-8ECI to a withholding agent (not the IRS) must file an annual U.S. income tax return to report income connected with a U.S. trade or business.

Purchase Order

This article explains the meaning of purchase order (PO), blanket purchase order, purchase requisition, how a purchase order compares to an invoice, how to create a purchase order, why you need a purchase order, and how a purchase order works.

Xero vs QuickBooks

Our Xero accounting vs QuickBooks Online comparison will help you evaluate both invoicing and business accounting software solutions. As part of your accounting software evaluation, decide whether Xero or QuickBooks for small business is a better match for your business needs.

1099 MISC Instructions

As the payer of specific types of trade or business-related miscellaneous income for recipients and provider of other information, use the revised Form 1099-MISC information return, starting with tax year 2020 payments. The IRS Form 1099-MISC changes result from the use of a separate IRS Form 1099-NEC to report $600+ of nonemployee compensation (NEC) paid

W9 for Vendors

Form W9 is an Internal Revenue Service form for vendors to fill out and provide to the trades or businesses that pay them. Companies later fill out IRS information returns, Form 1099-MISC and 1099-NEC with amounts of $600 or more that they pay certain types of suppliers during a calendar year, a FATCA reporting checkbox,