With technology rapidly advancing, many businesses have cut down on—if not completely eliminated—their use of paper checks. As businesses explore electronic invoicing options, they are finding that electronic payments provide benefits to both the supplier and customer. Overall, there are […]
Every year on April 22nd, the entire globe celebrates Earth Day. Individuals go out and plant trees, and different companies pledge how they are going to be more conscientious of the Earth. One easy way that your company can do […]
There has been a lot of talk among business executives about the use of faster B2B payments. Faster payments can be utilized by organizations of any size and in any business sector. According to an article entitled “Faster Payments: Use […]
Managing the AP department can be a daunting and overwhelming task because of the numerous challenges it faces. These problems have a significant impact on the company’s operations and bottom line. A good number of the obstacles in AP emanate […]
Company credit cards are an important tool for many departments. From employees that entertain clients to employees that travel, using the company credit card is often the ideal way to manage individual expenses. Sometimes a department has a card, managers […]
In the contemporary business world, credit constraints have pushed businesses into researching on ways to use internal funds efficiently and reduce costs. Among the areas that firms are exploring for cost reduction opportunities are the account payables. Organizations have discovered […]
Customers make payments millions of times daily using their debit cards, electronic payments, checks or other payment methods. Customers have grown comfortable with the use of credit cards as they are very convenient to use and accepted widely as a […]
It’s important to understand some of the latest trends and best practices when it comes to using electronic payments. There are still a large number of businesses paying at least half of their invoices using paper checks. By understanding the […]
As innovative digital technology continues to rapidly progress in the world, modern businesses are being compelled to adapt with online trends to keep up with their customer’s expectations and needs. Significantly, this includes transforming electronic payment methods to streamline workflow […]
