While corporate (B2B) credit card programs are forecasted to grow 85% by 2018, it’s surprising that less than 15% of B2B organizations accept credit card payments. Sure, B2B card transaction costs – interchange and processing fees – were valid deterrents in the past; but it’s a whole new digitized, consumerized, real-time world today. Simply: if you do not accept credit card payments, your customers may switch to a supplier that does. Download this eBook to learn more
In the digital world, B2B transactions are constantly changing. The manner in which transactions are initiated and conducted have to improve as the pace of business moves faster every day.
Filed in:Collect Smarter, Save Time and Money
One common misconception with accounts receivable software is that it’s costly and will not realize ROI. But, most companies only focus on the direct costs of invoicing (printing, postage, etc) and do not understand the true cost of preparing...
Filed in:Apply Cash Easily, Gain Insight Into AR, Get Paid Faster
Whenever quarter end rolls through, so does the dreaded metrics headache. Pulling data from multiple sources, managing various spreadsheets, correcting inaccurate data, and creating reports can be a nightmare, especially if you do not have all of your ducks...
Filed in:Apply Cash Easily, Collect Smarter, Gain Insight Into AR
We’re at mid-year mark for 2016. This is the time companies start reflecting on the last 6 months to see if the objectives they’ve set are on the right track. For the role of the CFO, this is very...
Filed in:Collect Smarter, Get Paid Faster, Make Customers Happy, Save Time and Money
Is your account receivables (AR) stuck in the dark ages? If so, you’re not alone but in a couple of years you may be. While exhibiting at the Industrial Supply Association (ISA) Convention (largest yearly meeting of distributors, manufacturers and suppliers),...
Filed in:Get Paid Faster, Make Customers Happy, Save Time and Money
It’s no secret that there is a cost to credit card acceptance. Actually, it is one of the main reasons cited by B2B companies for not accepting credit cards. According to a survey by First Annapolis Consulting, 67% of suppliers noted...
Do you like the sound of getting get paid faster and improving customer satisfaction? If so, you’re ready for accounts receivable automation.
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