In today’s interconnected world, where digital transactions have become increasingly prevalent in business operations, the importance of robust cybersecurity measures cannot be overstated. As technology advances, so do the tactics of cyberattackers who seek to exploit companies’ vulnerabilities to gain access to sensitive financial information. 

Vendors and suppliers are the lifeblood of any business, playing a pivotal role in its success. They provide the goods and services necessary for companies to operate efficiently and meet customer demands. 

Online payment portals make your life easier.

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.

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. 

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. 

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.

The collapse of the Silicon Valley Bank (SVB) in March 2023 signaled an uncertain outlook for the U.S. economy and emphasized the need for businesses to consider several aspects of their payment processing approach while taking into account an ever-changing regulatory environment.

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...

In today's digital age, Homeowners Associations (HOAs) face the challenge of managing various financial transactions while maintaining accurate resident records. No matter the number of communities serviced, manual accounts payable (AP) processes can be time-consuming, error-prone and hinder the overall productivity of HOAs. However, by embracing AP automation, HOAs can revolutionize their payment processes, increase efficiency and unlock valuable time and resources. This blog will explore the advantages...