Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
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.
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.
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The First Three Things to Do When Faced with a Chargeback
Jun 2, 2017 by Kenzie Earle
Credit card charge disputes, or "chargebacks," are unfortunately a part of doing business. Reasons for chargebacks are numerous, from stolen credit cards to dissatisfaction with goods or services, and everything in between. Understanding chargebacks, and how your company should respond when faced with one can help make the process easier.
Solutions for Slim Margins in the Solar Industry
Jan 12, 2017 by Kenzie Earle
Solar Power & Renewable energy is one of the most promising new technologies of this century to sweep the nation. A positive change to the legacy energy sector, solar aims to improve the environmental impact, lower cost for customers, and provide a new source to the aging grids. With this growth, over the last decade solar has turned into a highly competitive industry, with each company eager to outbid the next to establish brand and become the dominant player as the nascent industry grows. With this competition, the key question as a solar operator becomes how can you adopt a competitive advantage to improve efficiency and lower your costs.
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?
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.