Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
5 Reasons to Move From QuickBooks to Sage Intacct
Jun 23, 2022 by Sage Thee
QuickBooks has served your needs since day one and still (mostly) gets the job done. So why move from something familiar and functional like QuickBooks to a next-level accounting solution like Sage Intacct? The reasons may be more compelling (and urgent) than you realize:
5 Methods You Can Use to Reduce Late Payments
Jun 22, 2022 by Julia Duarte
In any industry, maintaining a steady cash flow is essential to running a business. When a company receives consistently late payments, day-to-day operations and overall progress slows down. By understanding why your customers are paying late, you can take steps to create an actionable plan to reduce your number of late payments and thrive as a business.
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How Venmo and PayPal have changed B2B payments
Oct 7, 2021 by Kelsey Banerjee
Over the past two decades, we’ve seen a revolution in the way money changes hands as transactions have become increasingly digital. This digital transformation came for the payments industry as a whole early on, first through point-of-sale (POS) technology for convenient B2C transactions.
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.
How to choose a zero-fee B2B payments processor
Sep 28, 2021 by Kelsey Banerjee
The cost of credit card processing, especially for B2B payments, isn’t cheap. And, as CFOs and accounting professionals look for more ways to free up working capital, choosing an affordable payment processor is certainly one way to go.
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.
2021's best practices for NetSuite payments
Sep 21, 2021 by Kelsey Banerjee
As the ERP of choice for over 27,000 organizations worldwide, NetSuite isn’t going away anytime soon. And, if you’re reading this article, then you're probably one of those thousands of accounting professionals that trust Oracle’s tried and tested software.
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.
The definitive guide to B2B payments
Sep 14, 2021 by Kelsey Banerjee
While consumer payments have transitioned to a fully digital landscape, today, 64% of businesses are still paying by check. But all of that is changing fast.
Moving from QuickBooks to NetSuite? Get the best practices guide
Sep 9, 2021 by Kelsey Banerjee
So, you’ve decided to switch from QuickBooks to NetSuite. As your business scales, it’s clear that now’s the time to make the transition to a more comprehensive platform to better support your growing team.
5 things you should know before paying for a lockbox service
Sep 7, 2021 by Kelsey Banerjee
For decades, bank lockboxes have provided accounting departments access to a seemingly efficient way to process checks. Without a bank lockbox, your team would waste even more time opening mail, coding checks, matching them, and recording payments.