Richard Moy

Richard Moy

Finance Writer, Ramp

Richard Moy has written extensively about procurement and vendor management topics for companies like BetterCloud, Stack Overflow, and Ramp. His writing has also appeared in The Muse, Business Insider, Fast Company, Mashable, Lifehacker, and more.

Articles by Richard Moy

Credit risk: What it is, types, and how to manage it

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Credit risk: What it is, types, and how to manage it

Credit risk is the chance a borrower or customer won't repay what they owe, measured by probability of default, loss given default, and exposure at default.
What is double-entry accounting? Definition, rules, and examples

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What is double-entry accounting? Definition, rules, and examples

Double-entry accounting records each transaction as equal debits and credits, so books always balance. Its foundation is Assets = Liabilities + Equity.
Business credit card pre-approval: How it works in 2026

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Business credit card pre-approval: How it works in 2026

Pre-approval for business credit cards typically uses a soft inquiry to show offers you may qualify for, without affecting your personal credit score.
Last in, first out (LIFO): Definition, formulas, and examples

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Last in, first out (LIFO): Definition, formulas, and examples

Last in, first out (LIFO) expenses your newest inventory costs first, cutting taxable income during inflation. It’s a US-only method with IRS rules.
Break-even analysis: Formula and examples for finance teams

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Break-even analysis: Formula and examples for finance teams

Break-even analysis finds the sales volume where revenue equals total costs, then tests how that point shifts with price, cost, or product mix changes.
Bookkeeping vs. accounting: Key differences explained

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Bookkeeping vs. accounting: Key differences explained

Bookkeeping records daily transactions while accounting interprets them for taxes, budgets, and strategy. Costs, roles, and credentials differ sharply.