Perks of Paperless Invoicing System from Zero Waste to Efficiency Improvement

General Bookmarker24 Apr, 2024Finance

This blog delves into exploring the paperless invoicing method, discusses its benefits, and presents strategies to replace traditional invoicing systems. So, if you want to improve invoicing efficiency and make this system zero waste, this blog is for you.

Best Practices to Retain Subscribing Customers by Streamlining Recurring Billing

General Bookmarker24 Apr, 2024Finance

Though many corporations can benefit from this powerful solution, many small and medium businesses still rely on billing their customers manually. Due to these limitations, businesses with automation solutions have a competitive edge over other counterparts. This article explores the significance and benefits of recurring billing and discusses the best practices to streamline recurring billing to retain customers without substantial investments.

Building a High-Performing Culture in the Finance Department Through Automation

General Bookmarker24 Apr, 2024Finance

In this blog, we will explore the high-performance culture in the finance department and discuss the role of a performance consultant in developing a high-performance culture in the finance department that resolves common issues and enhances the efficiency of the department.

Customer Education to Prevent Late Payments

General Bookmarker24 Apr, 2024Finance

This blog will dive into exploring the issue of late payments and how it can affect a business. It will further discuss the importance of customer education in preventing late payments. This blog will dive into exploring the issue of late payments and how it can affect a business. It will further discuss the importance of customer education in preventing late payments

Essential Accounts Receivable Practices for Wedding Photographers : Capture Memories, Not Debt

General Bookmarker24 Apr, 2024Finance

Payment delays disrupt the cash flow of photographers and solopreneurs. This is when you need accounting knowledge to make the decisions that reduce the risk of overdue invoices and help you unlock your cash flow. This blog highlights the importance of accounting for photographers and explores the best practices to get paid and reduce the risk of bad debt.

How Payment Portals Can Revolutionize Frequent Wholesale Supply Order Payment Collections

General Bookmarker24 Apr, 2024Finance

This blog explores the importance of a customer payment portal in collecting wholesale supply order payments to unlock a business’ cash flow. It discusses the features of the tool that make it a game-changer for wholesalers in the B2B space to collect customer payments.

Strategies for Wichita Property Owners to Ensure Timely Rental Payments

General Bookmarker24 Apr, 2024Finance

To navigate those issues faced by Wichita property owners, this blog will delve into the common AR challenges of real estate businesses, including those of landlords in Wichita. The blog will also discuss the best practices to ensure timely and efficient collection of rental payments with accuracy.

Deciphering Lockbox Payments and Their Impact on AR Processes

General Bookmarker28 Mar, 2024Finance

The lockbox experience is entirely a different one for businesses and customers, which allows customers to pay in a lockbox while banks will collect and add funds into the company account to avoid straining the company’s cash flow. But the question arises: what is the purpose of a lockbox, and how can it help with the accounts receivable process? This blog will address this question and discuss the lockbox payment option in today’s financial landscape.

Streamlining Early Pay Discounts with AR Automation Software

General Bookmarker28 Mar, 2024Finance

This is a practical approach for businesses to save operational costs and efforts that would be used in the process of recovering payments. While it can expedite the payment process, how does it affect the customer-supplier relationship? To address this question, this blog will delve into the strategy of early pay discounts, its working and how it can help unlock cash flow. The blog will also discuss implementing early pay discount using accounts receivable automation software.

Exploring Credit Card Processing - Understanding the Journey of Your Payments

General Bookmarker28 Mar, 2024Finance

Gone are the days when customers have to fill in information for credit card payments while being unsure of the risk the platform possesses. While credit and debit cards are the common payment methods among customers to shop online, it is crucial to understand the workings of credit card transactions and processing. In this blog, we will explore the workings of credit card processing and the parties involved in the process.

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