Outsourced Accounting Firm vs Interim Controller

Compare outsourced accounting firms and interim controllers for Australian PE portfolio companies, and learn where offshore finance support staff fit.
Accounts Payable vs Accounts Receivable | Procura Global

The main difference between accounts payable and accounts receivable is who owes the money. Accounts payable (AP) is money your business owes suppliers. Accounts receivable (AR) is money customers owe your business. Both involve unpaid invoices, but they represent opposite sides of your financial operations.