Presidents Blog

Businesses often hear about the cost and time savings that can come from automating accounts payable. Instead of spending hours processing invoices and reconciling accounts, software can handle [...]

The way businesses pay each other has evolved in recent years. Instead of mailing a check once services are rendered, businesses pay their vendors electronically, transferring money much more [...]

Security is an important issue to your business, and what could be more important than your financial processes? Your billing and accounting systems probably contain sensitive information. If [...]

Getting paid is the most important part of doing business. Whether you run a small local boutique, a service-based B2B agency, or an online ecommerce site, you’ll need to set up a way for [...]

The death of the paper check has been predicted for years, with studies clearly documenting the gradual decline of its use. However, while customers may be relying more on credit, debit, and [...]

You’ve put months of hard work into a big project with only a promise that you’ll be paid. The client signed a contract stating exactly how much and when payment would be forthcoming, but there’s [...]

Sometimes a late-paying client is someone you never want to hear from again. After all, you could put the time you waste chasing the money you’re owed toward work for paying clients. However, [...]

A major change happened in credit card processing late last year. Instead of swiping a magnetic strip through card readers, shoppers in businesses across America now “dip” their cards. New card [...]

Late payments disrupt a business’s cash flow, threatening its ability to pay employees and meet its own debts. Forcing a client to pay on time can be difficult, especially if that client has [...]

Smartphones have been seen as a cash killer. Between person-to-person payments and mobile pay at the register, consumers may eventually have no need to carry cash around. However, even with all [...]