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 …

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When you think of growth, you must think of compliance as well. So how do you ensure that your SaaS is compliant, without losing focus on the gazillion other things you have on your plate?

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 …

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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 …

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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 …

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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 …

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No matter the size, from independently run small businesses to global conglomerates, no company can be profitable without adequately managing its finances. Consistent cash inflow is what keeps the engine running. But without an efficient accounts receivable process, the business will be forced to deal with overdue payments, unpaid debts, delinquent accounts, and more.  Keep …

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Over the last couple of years, there have significant increases in card processing fees, and they disproportionately affect companies that sell cross-border. 

Although churn and chargebacks share some similarities, there’s a difference between them.