We partnered with SSON Network to develope the October 2021 cash management report discusing how to intelligently manage payments through accounts receivable automation. Cash management became a priority during the pandemic as organizations saw
Clarkston, WA, USA –August 10, 2021–VelocIT Business Solutions, a custom software development firm specializing in advanced payment solutions, point of sale, and ERP software customization, announced today that SWK Technologies, Inc., a national provider of
Funding Bolsters Mission to Help Accounting Departments Work Better Together Seattle, WA - August 11, 2021 -- Lockstep, the world’s first connected accounting platform, today announced a strategic investment from American Express Ventures. The investment,
Finding the right balance of when to remind customers of open invoices can be tricky. You don’t want to be annoying, but you also need to be paid on-time. In this sense, it is
Make it easy for customers to pay you by accepting all forms of payment including: electronic transfer, automated clearing house (ACH), credit cards, fintech payment processors such as PayPal, and paper checks. It will
The choice of invoice payment terms and conditions can ensure timely payment of your invoices. You need to consider a number of factors before deciding which payment terms to use. Choosing the wrong payment terms
Accurate invoices are a necessity to ensure that your invoices are paid on-time. Inaccuracy can lead to invoice disputes and delays in payment. Payment delays reduce cash flow and increase DSOs, a situation many
Manually creating invoices from scratch is a time consuming task. In an office with manual AR processes, invoicing is juggled with other competing priorities. Instead of making invoicing a top priority, manual offices often
If your DSOs are too high, take a look at your AR processes to see what can be done to increase on-time B2B payments. After an order ships, the order to cash process (OTC)
Would you like to lower your DSO by 12 days or more, enhance customer experience, and keep your AR team happy? Accounts receivable automation will eliminate manual AR processes, increase cash flow, and keep your
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