Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
Why you should care about reducing your DSO
Oct 21, 2021 by Brandon Jones
Many companies struggle with the problem of getting customers to pay invoices in a timely manner. On-time payments are extremely important to a business’ cash flow. Since understanding the details of customer payments is the first step towards improving cash flow, many companies keep track of days sales outstanding (DSO).
Get your hands off your AR process
Oct 19, 2021 by Kelsey Banerjee
For people on the outside looking in, accounts receivable (AR) processes appear deceptively simple. After all, isn't it just accepting payments? What's better than handling payments?
How to streamline month-end close processes with digital payments
Oct 14, 2021 by Brandon Jones
The end of the month can be a stressful time for your financial team. Between calculating employee wages, paying bills, and balancing budgets, there is a lot of financial data to keep track of. And unfortunately, due to human error, that data can easily be lost. But all of that can be avoided with digitized month-end accounting.
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A simple guide to ERP payment gateways and portals
Oct 12, 2021 by Mark Fisher
As more business transactions move online, it’s easy to see why there’s a need for even greater front- and back-end system integration. Antiquated legacy systems and manual movement of funds between organizations can be cumbersome, error-prone, and costly.
Paystand announces Gold sponsorship of SuiteWorld 2021
Oct 5, 2021 by Mark Fisher
Blockchain-enabled B2B payment leader to participate in the 10th annual conference for NetSuite customers and partners
Understanding credit card fees and how your B2B company can avoid them
Sep 30, 2021 by Mark Fisher
Although credit cards are popular in the business-to-consumer market and frequently used in the business-to-business market, the costs and benefits are not the same – which is contrary to what most people initially think. For many businesses, credit card transaction costs that can be as high as 3.5% amount to a huge chunk out of your company’s revenue and already tight profit margins.
2021’s best practices for Sage Intacct payments
Sep 23, 2021 by Mark Fisher
Whenever an organization invests in a new technology, especially one that deals with receiving payments, it’s critical to understand best practices to maximize the return on that investment. Accounts receivable and invoicing practices are such foundational aspects of a successful business that best practices are even more important.
5 easy ways to reduce your DSO
Sep 16, 2021 by Mark Fisher
All businesses must find ways to effectively manage accounts receivable (AR) to stay financially viable. Days sales outstanding (DSO) is an age-old metric that’s used to help companies gauge how well they’re doing just that. As you probably already know too well, when DSO is too high, businesses can struggle with poor cash flow and unpaid debt, which means less liquidity for things like expansion and investment.
How to integrate digital payments into Magento
Sep 2, 2021 by Mark Fisher
From the first recorded digital payment in 1994, the movement of money throughout the global economy has undergone tremendous developments and changes. While the vast majority of consumers have paid for goods and services online with credit cards or bank transfers, today, the concept of money is still evolving as cryptocurrencies continue to see widespread adoption. Whole industries have grown up around blockchain technology, cybersecurity services, biometric authentication, and more.
How to choose a B2B payment processor
Aug 31, 2021 by Mark Fisher
An accounts receivable and accounts payable department should work as a well-oiled machine for setting the cash flow tone in a business. Figuring out how the money could move more efficiently is at the top of every CFO’s list, and that includes finding the right payment processor for his or her team and customers.
The complete guide to NetSuite invoicing
Aug 26, 2021 by Mark Fisher
For most businesses, their primary reasons for investing in an ERP system like NetSuite are cost savings, performance metrics, and improving efficiencies in accounting.
The definitive guide to Sage Intacct invoicing
Aug 24, 2021 by Mark Fisher
Today’s business leaders face one of the fastest, most competitive commercial landscapes in history. Both technology and consumer expectations are accelerating at a phenomenal pace and, as a result, the organizations that can get operational structures such as accounting and invoicing systems more streamlined and as efficient as possible will have a significant competitive advantage.