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Online Credit Card Processing Can’t Be A Blind Spot

47 curated statistics to make your credit card processing choices easier. From the costs of credit card processing to PCI compliance and the health of cards as a payment method.

Ace Customer Experience With a Robust Accounts Receivable Process

“I’ve not received the invoice. How do you expect me to pay?” “My team has made the payment. Can you check?” “The payment failed again? It’s frustrating to keep retrying. What’s the issue?” “Can you send me the invoice again? I’ll make the payment then.” If you’re not solving for such back and forth between …

6 Best Practices For Accounts Receivable Automation

An organization’s cash flow is its lifeblood. And at its heart lies collecting dues on time. Improper accounts receivable management – either through manual processes or ineffective automation – can only complicate the process due to human errors, inaccuracies, and delays, leading to severely clogged collections. In the era of the shifting financial landscape, the …

What is Payment Reconciliation? Best Practices & Automation

Payment Reconciliation – Process, Best Practises & How to Automate it? Well, somewhere, a finance team is experiencing issues with their reconciliation right now. Whether that be discovering manual errors or realizing that something is missing because of a time zone difference, it is never a dull moment when it comes to reconciliation, especially if …

What is Account Reconciliation?

What is Account Reconciliation? Account reconciliation is an essential part of accounting, and it’s something that everyone in the financial team has to deal with – from the controller to the accountants.  Reconciliation is simple: it’s the process that compares internal financial statements against external statements from a bank or other financial institution, making sure …

It’s Time to Automate Your Most Error-Prone Process: Reconciliation

We know that it’s that time of the year or the month again: time for reconciliation. It’s an age-old accounting practice that anyone working in the finance department is familiar with. You and your colleagues likely spend much longer working, at home or in the office, during the month or quarter-end, all to make sure …

Mobile Apps now have the freedom of choice on Payment Methods

Early September, US District Judge Yvonne Gonzalez Rogers ruled that Apple can no longer ban developers from using their payment systems through iPhone apps in one of the closely watched trials (Epic vs. Apple). According to the ruling, Apple must allow the apps to use “buttons, external links or other calls to action that direct …

Understanding The Accounts Receivable Process

No matter the size, from independently run small businesses to global conglomerates, no business can be profitable without adequately managing its finances. The constant flow of money is what keeps the engine running. And a massive part of ensuring a well-oiled engine is an efficient account receivable process. Dive in to understand the process and …

Hosted Payment Page – When & Why Should You Use It?

Security has and will always be at the forefront of consumers’ minds when making purchases online. With the multitude of data breaches from major organizations like Adidas and Target, it’s hard to always feel comfortable making those purchases without knowing that you have a secure way to do it. We have so many measures in …