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Finance

Proforma Invoice: Format, Benefits, and Drawbacks

Proforma Invoice: Format, Benefits, and Drawbacks

Navigating the world of invoicing can be daunting as it is full of terminology and practices. The proforma invoice is an essential document every business needs to understand.  This informational guide outlines a proforma invoice format, its benefits, and potential drawbacks. Whether you’re a business owner, a committed buyer, or someone curious about invoicing, we’ve […]

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Proforma vs. Commercial Invoice: Definitions, Examples, and Differences

Proforma vs. Commercial Invoice: Definitions, Examples, and Differences

There are significant differences between a proforma and a commercial invoice. Both documents look alike, so it is important to know how to differentiate one from the other. What Is a Proforma Invoice? A proforma invoice may answer a letter of inquiry from a potential buyer or provide the terms of a final invoice, so […]

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Maureen Sullivan

Managing Working Capital Amid Product Shortages

Distributors can’t seem to catch a break. First they faced a liquidity squeeze when COVID-19 raged onto the scene, triggering a dislocation in the supply and demand for products. Now, as they enter the third year of the pandemic, distributors are grappling with wide-ranging shortages of goods and commodities across the supply chain that show no sign of abating.

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