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Navigating Risk Management in Lending: Strategies for Sustainable Growth

Navigating Risk Management in Lending: Strategies for Sustainable Growth

In the lending industry, risk management isn’t just a precaution—it's a necessity. Effective risk management ensures the stability and growth of lending institutions by protecting against potential financial losses and operational disruptions. 

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Can You Spot a Fraudulent Invoice?

Can You Spot a Fraudulent Invoice?

Accounts Payable (AP) teams have increasingly become targets of payment fraud, as they often still rely on paper and manual processes. Invoices are especially easy to infiltrate, given fraudsters' proficiency with image-altering tools. Do you know what to look for to spot a fraudulent invoice?

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Sage 100 & Vendor Payments: A Winning Combination

Sage 100 & Vendor Payments: A Winning Combination

In the bustling world of business finance, efficiency and clarity in vendor payments are not just desirable—they are essential. As businesses using Sage 100 enterprise resource planning (ERP) strive to optimize their operations, the integration with REPAY emerges as a leader of innovation, simplifying the complexities of accounts payable. This integration isn't just about paying bills but transforming how businesses manage and execute their financial operations.

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Strategies for Managing School Budget Challenges

Strategies for Managing School Budget Challenges

The school budget crisis has become a prevalent issue, impacting educational institutions across the nation. Howard County Public School System’s recent challenges highlight the critical need for robust financial management strategies. As school administrators and financial officers seek effective solutions, streamlined payment systems emerge as a beacon of hope, demonstrating how technology can alleviate fiscal constraints.

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Practicing What We Preach-The Case for Vendor Payment Automation

Practicing What We Preach-The Case for Vendor Payment Automation

Businesses are continuously seeking new ways to increase the efficiency of their teams and grow revenue. Accounts payable (AP) teams are often overlooked in this search, but why?

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Adapting to Regulatory Changes in the Payments Industry

Adapting to Regulatory Changes in the Payments Industry

The world of payments is constantly evolving, with new technologies like mobile wallets and real-time transfers emerging all the time. While these innovations offer exciting opportunities for businesses, they're also accompanied by a growing web of regulations designed to protect consumers and ensure security and financial stability. Keeping pace with these payment regulations and adapting your business practices can feel overwhelming, especially for smaller companies with limited resources.

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Enhancing Exception Management for More Efficient Mortgage Payments

Enhancing Exception Management for More Efficient Mortgage Payments

In today’s ever-changing world of mortgage finance and servicing, there are many obstacles and challenges each enterprise must overcome to remain competitive and compliant in the marketplace. The foundation and core of mortgage financing is providing the needed funds for borrowers to achieve the American dream of homeownership. Additionally, the most fundamental activity that must occur over the life of the loan is the repayment of the debt. It is essential for servicers to make this process as simple as...

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Fighting Payables Fraud-The Case for Outsourcing Vendor Payments

Fighting Payables Fraud-The Case for Outsourcing Vendor Payments

Payment technology is evolving at lightning speed. New technology provides bad actors new targets for fraudulent activity.

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Simplifying Payments Within Sage Intacct

Simplifying Payments Within Sage Intacct

Running a business involves navigating the complex world of financial transactions, but they can be simplified when leveraging platforms like Sage Intacct. In today’s fast-paced business environment, integrating efficient payment solutions is a necessity. This blog will explore how integrating payments into Sage Intacct can streamline your business operations.

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What is Preventing Your Business from Automating Vendor Payments?

What is Preventing Your Business from Automating Vendor Payments?

Businesses still rely heavily on paper processes when paying their vendors. Given the technology available, this may come as a surprise. Using paper checks to pay vendors is costly, time-consuming and error-prone. And they often require headcount specifically for creating, processing and tracking them.

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