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Concourse Insights

Stay up to date on AI agents, AI data transformation, and the latest Concourse news and updates.

Concourse "Days Payable Outstanding (DPO)" cover graphic: the Concourse wordmark and title in white on a dark background.
Finance AutomationOctober 9, 20267 min read

Days Payable Outstanding (DPO): Formula and What It Means

Days payable outstanding (DPO) measures the average number of days a company takes to pay its suppliers. Here is the DPO formula, a worked example, what a good DPO looks like, and how it fits the cash conversion cycle.

Concourse "Retained Earnings" cover graphic: the Concourse wordmark and title in white on a dark background.
Finance AutomationOctober 9, 20267 min read

Retained Earnings: What They Are and How to Calculate Them

Retained earnings are the cumulative profits a company keeps and reinvests rather than paying out as dividends. Here is what retained earnings are, the formula, a worked example, where they sit on the balance sheet, and how the close updates them.

Concourse "Statement of Cash Flows" cover graphic: the Concourse wordmark and title in white on a dark background.
Finance AutomationOctober 9, 20268 min read

Statement of Cash Flows: What It Is and How It Works

The statement of cash flows tracks the actual cash moving in and out of a business across operating, investing, and financing activities. Here is what it is, its three sections, the direct vs. indirect method, and how it ties to the other financial statements.

Concourse "8 Best Accounting Automation Software Tools in 2026" cover graphic: the Concourse wordmark and title beside a grid of accounting automation vendor logos over a dark blue glass building.
Finance AutomationOctober 9, 202612 min read

8 Best Accounting Automation Software Tools in 2026

Accounting automation software takes over the repetitive work of accounting: AP, AR, reconciliations, journal entries, and the close. Here are the 8 best accounting automation software tools in 2026, from BlackLine and Bill to AI agents like Concourse, compared by what they automate, fit, and cost.

Concourse "8 Best Financial Close Software Tools in 2026" cover graphic: the Concourse wordmark and title beside a grid of financial close vendor logos over a dark blue glass building.
Finance AutomationOctober 9, 202612 min read

8 Best Financial Close Software Tools in 2026

Financial close software automates reconciliations, journal entries, and the month-end workflow so teams can close faster and cleaner. Here are the 8 best financial close software tools in 2026, from BlackLine and FloQast to AI agents like Concourse, compared by fit, automation depth, and cost.

Concourse "General Ledger: What It Is and How It Works" cover graphic: the Concourse wordmark and title in white on a dark background.
Finance AutomationOctober 9, 20268 min read

General Ledger: What It Is and How It Works

The general ledger is the central record of all a company's financial transactions, organized by account. Here is what the general ledger is, how it works, what it contains, and how it relates to the trial balance and financial statements.

Concourse "Chart of Accounts: What It Is and How to Structure One" cover graphic: the Concourse wordmark and title in white on a dark background.
Finance AutomationOctober 9, 20268 min read

Chart of Accounts: What It Is and How to Structure One

The chart of accounts is the organized list of every account a company uses to record transactions. Here is what a chart of accounts is, how it is structured and numbered, the account types, and best practices.

Concourse "Double-Entry Accounting: What It Is and How It Works" cover graphic: the Concourse wordmark and title in white on a dark background.
Finance AutomationOctober 9, 20268 min read

Double-Entry Accounting: What It Is and How It Works

Double-entry accounting records every transaction in at least two accounts, with equal debits and credits, keeping the books balanced. Here is what double-entry accounting is, how debits and credits work, and examples.

Concourse "Days Sales Outstanding (DSO): Formula and How to Improve It" cover graphic: the Concourse wordmark and title in white on a dark background.
Finance AutomationOctober 9, 20267 min read

Days Sales Outstanding (DSO): Formula and How to Improve It

Days sales outstanding (DSO) measures the average number of days it takes to collect payment after a sale. Here is the DSO formula, a worked example, what a good DSO looks like, and how to reduce it.

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