what is
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What Is a Chatbot: A Small Business Guide
A chatbot, short for chatterbot, refers to computer programs that automate text- and voice-based communication. Chatbots are conversational applications that…
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What Is Shrinkflation? Definition, Reasons & Examples
Shrinkflation is the process of companies shrinking the size or quantity of products while maintaining the same product prices. This…
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Workers’ Compensation Insurance Cost, Coverage & How It Works
Workers’ compensation insurance is a helpful policy for employers because it covers medical bills, rehabilitation costs, and lost wages for…
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Encryption At-rest & In-transit Explained: Benefits & Examples
There are two types of data encryption: data at-rest and data in-transit, also known as data in motion. Data at-rest…
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House Flipping Taxes: Capital Gains or Ordinary Income?
Purchasing a rundown house, fixing it up, then reselling it has become a very popular side gig for many Americans.…
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What Is a Blanket Purchase Order?
A blanket purchase order (BPO) is a type of purchasing agreement between a buyer and supplier that establishes terms and…
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What Is a Credit Invoice & When To Use One
A credit invoice, sometimes called a credit note or credit memo, is a document issued by a business to a…
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What Is the Commercial Clean Vehicle Credit & Who Qualifies?
The Commercial Clean Vehicle credit, also known as the IRC §45W credit, is a reduction in tax of up to…
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What Is Call Center Fraud and How to Prevent It
Call center fraud is the deliberate act of faking an identity in a phone call to access confidential information or…
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What Is an Invoice Number & How to Design a Numbering System?
An invoice number is a unique and sequential number assigned to each invoice document. Invoice numbers can be purely numeric,…
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