Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
How to Increase Solar Revenue (Without Changing Your Business Model)
May 24, 2022 by Kelsey Banerjee
Even before the pandemic brought the supply chain to a grinding halt, the renewable energy sector had been feeling the squeeze. While the cost of installation has dropped by a whopping 60% in the past ten years, the economics around pricing solar energy has been a trickier process.
5 Best Billing Software
May 19, 2022 by Kelsey Banerjee
Let's be honest: Sound billing software is more than sending reoccurring invoices or scheduling a payment reminder. Finance professionals must juggle compatibility with multiple payment gateways, gauge the payment processing time, evaluate cash flow forecasting visualizations, review the customizable invoices options, and pursue expense tracking features.
Everything You Need to Know About Decentralized Finance
May 18, 2022 by Sage Thee
What is decentralized finance (DeFi)? Put simply; decentralized finance is the opposite of centralized finance, the pervasive financial structure currently used. Centralized finance depends on a central bank, and a central authority governs the system and often regulates who has and doesn’t have access to it — something referred to as financial gatekeeping.
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9 Software Tools for Startups
Jan 6, 2022 by Brandon Jones
Establishing a startup company can be an exciting and stressful venture. You’re probably concerned with mounting expenses, marketing challenges, and employee worries. Finding the right set of software for your startup can be a great way to mitigate some of those challenges in an affordable and easy manner.
Top Accounts Receivable Challenges for 2022
Jan 4, 2022 by Kelsey Banerjee
Accounts receivable management protects the cash flow of its organization - but in 2021, businesses worldwide faced extreme challenges due to supply chain shortages and asynchronous lockdowns. Customer relationships were strained as vendors attempted to delay payments, and AR teams worked to bring more cash in.
The 6 Benefits of Real-Time Payments for You and Your Clients
Dec 28, 2022 by Brandon Jones
Cash, check, and credit payments are becoming less and less popular every year. Each has its downfalls, including slow processing times and high transaction fees. With the boom in online retail commerce and smart devices, the benefits of real-time payments are proving to be the smarter way forward. Just looking for the ebook? Get it here
A Quick Guide to Understanding Accounts Receivable Management
Dec 20, 2021 by Daniella Bourguetts
Accounts receivable (AR) management is an important part of maintaining healthy cash flow. Having a streamlined and efficient AR process prevents your existing capital from going to waste, which puts your business in a better position to reduce debt, lower costs, drive growth and outperform your competitors.
6 Ways Your Accounts Receivable Management Platform Needs Improvement
Dec 16, 2021 by Brandon Jones
Accounts receivable management platforms can be amazing tools for managing AR if they’re used correctly. They help improve efficiency, streamline the payment process, and save you time. But, as helpful as they are to improving your accounts receivable processes, they also have their shortcomings.
A Review of B2B Payments in 2021
Dec 14, 2021 by Kelsey Banerjee
The pandemic and related lockdowns accelerated digital payments adoption in 2020, but as economies began to reopen in 2021, new challenges to business operations and payments emerged. Supply chain disruptions and reopenings prompted businesses to reevaluate their workflows once again.
Virtual Credit Cards: Why B2B Companies Should Be Using Them
Dec 9, 2021 by Brandon Jones
There’s no doubt about it: we live in a virtual world. Although virtual technologies have been developing for years, the recent global pandemic accelerated its widespread acceptance in just about every aspect of our daily life. It’s no wonder that business-to-business payment options are now making the shift to virtual credit cards as well.
8 resources to scale your NetSuite skills
Dec 7, 2021 by Kelsey Banerjee
Oracle's NetSuite is one of the top ERPs for AR departments worldwide, and it's no surprise. ERP solutions like Netsuite have been proven to boost processes for 95% of businesses. But picking and installing a chosen platform is only the first step.
What is a Bank Lockbox Service and How is it Used for Payments
Dec 2, 2021 by Eduardo Lopez
Across the cash management process, bank lockbox services have been around for decades as a way for treasury and finance teams to improve their receivables process for checks and other payments sent through the mail. But in today's digitally connected internet economy, alternatives to traditional lockbox services have emerged.
How to keep your AR team happy this holiday season
Nov 30, 2021 by Brandon Jones
The holiday season often means different things to different people. Many employees enjoy the extra time off to spend with family and friends, others enjoy traveling and new experiences and a few may even want to work a little harder at the office to catch up while it’s quieter. Regardless of your personal preferences, if you’re managing an accounts receivable team, the holidays are an excellent time to tune into what might make this period more meaningful for your employees. Here are a few ideas to keep in mind.