One of the most effective ways to take your business to the next level is by automating processes. Whether that’s time sinks, administrative tasks or money leakage, you know there are things that if you could automate, your business would be easier to manage. One of...
In terms of payments, businesses seem to be behind the general public. A 2018 study found that only 6% of consumers preferred to make payments via check. A majority (54%) chose to pay by debit card, while 26% preferred using a credit card. Businesses, meanwhile, are...
Businesses are beginning to realize the benefits of moving away from the use paper checks as the primary form of B2B payment(s). A 2018 Accenture study found businesses spent $523 billion on credit cards in 2018, and that number was expected to rise to $763 billion...
Businesses have been searching for more direct, secure, and efficient payment forms for years now. One of the most popular and widely-accepted forms is known as Automated Clearing House, or ACH, payments. ACH (Automated Clearing House) are payments made where funds...
B2B payment fraud is on the rise. In 2019, 81% of organizations reported they were the target of an actual or attempted payments fraud. That year marked the second highest rate since 2009, with only 2018’s 82% level being higher. Hackers are increasingly...
Accounts Payable departments often lag behind others in the company adopting forward-thinking principles. Human Resources, sales, and production departments use the latest technology. AP departments, though, still rely on too much manual work. Automation is an...
