Late payments. Companies of all sizes must deal with them. It is very common for customer invoices to be paid 30 to 90 days after the commonly accepted net-30 ─ which can seriously and detrimentally affect a business’ cash flow. The fact is that cash reserves can be quickly drained when payments …
Payment Processing Articles and Interviews (tag)
4 Ways to Simplify Your Payment Process for Customers
All businesses need to think about how their customers will be impacted by any changes. One important aspect of business and customer interaction is payment processing. You will want to select a payment processing service that will keep your customer’s information confidential and will also allow …
5 Tips for Improving Your Accounts Receivable Management
If your Accounts Receivable department is struggling to achieve payment from clients, you need to find a solution quickly. Problems in your AR department can quickly snowball and start to affect the rest of your business - after all, it’s where your money is coming from at the end of the …
5 Ways to Increase Your Company’s Efficiency
You want to increase your company's efficiency, but you aren't sure where to start just yet. The following are five things you can change so that your company runs a bit smoother. The Face-to-Face Meet One thing you should work on is establishing a face-to-face preference at work. Some people …
4 Ways to Make Managing Your Business Easier
As the lockdown restrictions are eased, more businesses will be opening up and new businesses will be launched. So, whether you're an existing business owner or a hopeful entrepreneur, your managing strategy will play a significant role in determining how well your business performs. These tips can …
5 Payment Methods You Can Accept with a POS System
POS systems have become some of the most widely used tools in retail businesses and restaurants for processing payments and managing inventory and customer data. It’s no understatement to say that POS systems are some of the most versatile tools available, but let’s focus on what they’re designed …