Businesses have a variety of variable expenses that must be paid in order to keep the doors open. These include payroll, utilities, rent, supplies, and equipment costs just to name a few. Sometimes these costs suffer from something known as mission creep. That is,...
The fastest way to collect cash from customers is via ACH or wire transfer and there continues to be a move toward these two types of cash collection. Currently though, checks are still king and that means 3-5 days until banks clear the checks and the funds are...
The accounting function is a back office desk job where employees have long been tied to their desktops and laptops. Countless spreadsheets, ERP systems, and the constant need to communicate with employees, vendors and customers have chained them to the desk for...
Savvy companies are using technology and carefully designed controls to curb payments fraud. The use of electronic payment methods and a range of fraud mitigation strategies have coincided with a drop in payments fraud over the last year, according to a global survey...
