Why Acumatica Users Should Pay Suppliers Electronically
Paying suppliers electronically is a top priority among Acumatica users, and for good reason.
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Transcard Streamlines Security Deposit Refunds with their Multi-Party Payment Solution
December 5, 2022
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Why QuickBooks Online Users Are Quitting Paper Checks
September 22, 2022
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There was a time when paying your suppliers invariably meant printing and mailing a paper check.
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How Sage Users Can Save 100 Hours or More Per Month
How much time does your business spend each month paying its suppliers? If you are a Sage user that relies upon manually intensive payment methods, the time your finance staff spends chasing down approvals, initiating payments, and reconciling transactions add up fast. It’s not uncommon for a Sage user to spend 100 hours each month paying its suppliers. That’s based on benchmark data collected from a mid-sized business that uses Sage Intacct. All the time that Sage users lose to inefficient payment processes could be better spent on growth-generating activities such as analyzing data to uncover cash flow trends, collaborating with treasury on opportunities to capture more early payment discounts, and building relationships with suppliers.
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How to Maximize Your ROI on Electronic Payments to Suppliers
Paying suppliers electronically has become a top priority for accounts payable (AP) departments. Since the start of the pandemic, the percentage of AP departments that make most of their payments to suppliers via paper check has declined by seven percentage points. Incredibly, 4% of AP departments have completely quit paper checks – they pay all their supplier invoices electronically. These statistics from the Institute of Finance and Management (IOFM), an AP trade association, make it clear that paper checks are finally losing their grip on B2B payments.
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How Digital Payments Improve an SMB’s Balance Sheet
December 17, 2021
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Electronic payments are racing up the list of priorities of leaders at small and midsized businesses.
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How Insurers Can Pay Claimants Faster and Easier
December 9, 2021
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Imagine if claim payouts could be made effortlessly, within moments of being initiated.
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How to Automate Claims Payouts
December 3, 2021
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The way that insurance companies manage and payout claims is changing.
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How Guidewire Users Can Send Claim Payouts Easier and Faster
November 9, 2021
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Policyholders expect more from insurers.
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