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Recent Posts by Megan Carswell

Modernizing Credit Unions: Empowering Members with A Self-Service Portal

Modernizing Credit Unions: Empowering Members with A Self-Service Portal

In today’s fast-paced digital landscape, businesses continuously explore ways to streamline processes and enhance member experiences. One such success story involves a credit union’s strategic implementation of an online self-service portal for faster payments.

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Mid-Year Check-in for Businesses: A Guide

Mid-Year Check-in for Businesses: A Guide

Heading into the final stretch of the year, businesses have a unique opportunity to pause, reflect and recalibrate their strategies. Checking in on the year-to-date is the cornerstone for assessing progress, planning for tax season, preparing necessary reports and setting additional goals. This comprehensive guide will provide tips on how businesses can optimize their review. 

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Realtime Reporting: Automate Financial Dashboards and Reports

Realtime Reporting: Automate Financial Dashboards and Reports

Efficiency is paramount for businesses to keep up with the speed of change. Yet, with the increasing complexity of financial transactions, along with the need for accurate and timely reporting, manual accounting processes can be time-consuming and error-prone. From tracking a company’s finances and paying vendors to receiving payments and invoices from clients, there are many necessary accounting activities that determine a company’s overall financial health. 

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Best Practices to Drive Adoption of Digital Payments

Best Practices to Drive Adoption of Digital Payments

Technological advancements have reshaped the way we live, work and connect with each other — this is especially true when it comes to how we conduct business. Whether it’s shopping online for the latest tech software, supporting a nonprofit, purchasing a brand-new car, dining at a 5-Michelin-star restaurant, and more, technology has made the payment experience easier than ever.

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The Best Hospitality Payment Solutions for Your Back-Office

The Best Hospitality Payment Solutions for Your Back-Office

Whether operating a hotel, inn or resort, you want solutions to help you work smarter, not harder. Managing accounts payable requires more than just organizing the process, it’s also about prioritizing convenience and accuracy.

In the hospitality industry, it’s important to properly manage outbound payments to vendors and suppliers. An efficient accounts payable system enables timely payments to vendors to maintain a healthy financial relationship. Additionally, paying them on time ensures a smooth flow...

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How Digital Payment Technology Enhances Mortgage Servicing

How Digital Payment Technology Enhances Mortgage Servicing

The payments landscape is constantly evolving, particularly with the rise of digital payment technology. Aside from the improvements it brings to servicers and their back-office operations, it's also revolutionizing borrowers' mortgage servicing experiences. 

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Four Benefits of Text Pay for Credit Union Payment Processing

Four Benefits of Text Pay for Credit Union Payment Processing

In today's fast-paced world, convenience is essential, and businesses are always looking for new ways to improve their payment processes. An increasingly popular solution is text-to-pay, or Text Pay, which allows credit union members to make payments quickly and easily using text messages. 

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How Lenders Can Leverage Push Payments

How Lenders Can Leverage Push Payments

Merchant processing makes collecting on-time payments from borrowers easier and faster for consumer lenders. Consumer installment loans, typically provided by both the traditional storefront lenders and the newer online lending fintech companies, are attractive to borrowers for many reasons. 

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Is It Time for Your Business to Stop Accepting Paper Checks?

Is It Time for Your Business to Stop Accepting Paper Checks?

In the age of technology and digitized processes, paper checks are gradually becoming a thing of the past. They were once one of the dominant payment methods, but today, roughly only 7% of consumers pay bills with paper checks. With the rise of electronic invoicing, mobile and digital payments, and online banking, consumers and businesses alike now have a wide range of options for making and receiving payments. 

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Integrated Payments Improve Efficiencies for Collections Agencies

Integrated Payments Improve Efficiencies for Collections Agencies

From collection law firms to debt buyers to healthcare collection companies, collections agencies are always busy serving customers, inputting customer data, setting up payment plans and retrieving payments. Manually managing these processes is time-consuming and costs your agency more than just money. In today's digital age, integrated payments are a game-changer and crucial for the everyday functions of the collections industry. 

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