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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Four Keys to Adding Payments to Your Software Platform
Feb 11, 2016 by Jeremy Almond
It’s been said that “software is eating the world” - and it’s true. Software platforms for businesses (aka B2B software platforms) are proliferating at an accelerating rate, serving a dizzying array of business needs including accounting, project management, time tracking, billing, CRM, and many others. Developers are racing to fill the needs, creating broad-based “generic” platforms as well as highly specialized tools that cater to the specific needs of particular industries. So whether a company sells organic beverages to corner groceries or horse feed for thoroughbreds, there are probably multiple tools available to help them to better manage their business. The abundance of tools creates an imperative for platform providers to continuously add new capabilities to deliver value to their users. Increasingly, B2B software platform providers are turning to payment services as a key area of innovation.
The Top 5 Myths about Accepting Paper Check Payments
Nov 17, 2015 by Scott Campbell
Here in Silicon Valley it’s easy to forget that not every business process has been transformed by tech’s magic wand. Case in point: over half of all business-to-business payments still take place by paper check, sent via snail-mail. Even more surprising is that many of the companies we talk to are perfectly satisfied with a process that works exactly the same as it did 75 years ago. Are check payments a perfect example of “If it ain’t broke, don’t fix it?” Or has the gospel of digital payments just not reached the traditional business world yet?
Blockchain Tech Could Save Global Business $550 Billion Per Year
Aug 31, 2015 by Jeremy Almond
This article originally appeared on CoinDesk.
How to Use WooCommerce to Email an Invoice with a “Pay Now” Link: A Step-by-Step Guide
Aug 16, 2015 by Scott Campbell
What are eChecks and How Do You Accept Them?
Jun 20, 2015 by Scott Campbell
Credit cards are the default payment method for online businesses, but a new alternative is emerging to give them a run for their money. eChecks enable your customers to pay you directly from their bank account, using their secure online banking login. Your customer can authorize a one-time or recurring payment as quickly as a credit card transaction.