Late payments can be a big headache for any business owner, whether you’re selling products or services. Late payments affect your cash flow, but they can also hurt feelings between you and your customer, which …
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Want to Accept Recurring Payments? It’s as Easy as 1-2-3
A Recurring Payment, also known as subscription billing or automatic payment, is an automatically processed money transfer that regularly repeats as per a predefined schedule. Businesses frequently create recurring payments to collect fees for memberships, …
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3 Reasons Why a Cashless Society is Inevitable?
Entering the 21st century, it’s hard to imagine that we can still do business without paper money and metal coins. That might not be the case in the future, though, as we move toward an …
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10 Features of Invoicing Software That Simplify Your Workday in 2022
As new technologies continue to emerge and grow, entrepreneurs leverage these opportunities to improve their business practices and scale their company’s reach in the marketplace. Businesses have been one of the largest beneficiaries of these …
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8 Tips to Reduce Errors in Accounts Payable
Do you have a hard time managing your accounts payable? If so, you’re not alone! Maintaining and managing your Accounts Payable can be tricky, especially if you don’t have systems in place to ensure the …
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The Future of the Subscription & Billing Management Market
The subscription and billing management market has seen a lot of changes in the last decade. The most significant change came with the widespread cloud adoption, which brought forth new business models for application developers. …
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Why Traditional Banks Don’t Work Hard Enough for Small Businesses?
Traditionally, banks offer better services for larger businesses. Small businesses don’t get the same treatment from banks—and that’s a problem. Why? Because small businesses don’t have the same purchasing power as larger organizations, banks have …
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How to Create a Financial Forecast for Any Business?
What is the first step to take when you want to start a business? Some would argue that it’s coming up with an idea and building a prototype. We disagree! The very first thing you …
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Top 10 Most Typical Late Payment Excuses and How to Overcome Them?
Businesses rely on proper payment methods to flourish. Late payments can be devastating for small and medium enterprises, pushing some of them to the verge of bankruptcy. It is a severe problem among businesses. The …
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Know the Difference between Invoice and Purchase Order (PO)
In the process of doing business, sales invoices and purchase orders are two forms that are used in the clear understanding of transactions between two parties. In an organization with a sales department and a …
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