Blogs

Account Receivables Series #3 Conventional Processing vs Modern-Day Automation
Mar 17, 2023
The conventional approach to accounts receivable has been to manually generate invoices from accounting software or even Microsoft Excel spreadsheets in batches, sometimes daily. These invoices would then be printed and posted or, in more recent times, may have been...
Level III Credit Card Transactions
Mar 7, 2023
Level 3 processing is utilized in B2B and B2G transactions to help secure lower interchange rates and monitor spending. It involves the input of additional data through extra line-item details outlining the nature of each transaction for both the business and credit...
5 Good Reasons to Accept Virtual Card Payments
Mar 4, 2023
Businesses are more likely to experience fraud on their account when their physical credit card is used in many places. It can also be an administrative nuisance to have to redistribute physical card information to recurring merchants and vendors following fraudulent...
Accounts Receivable Series # 2 The Cycle
Mar 3, 2023
Key to success of the AR process is for businesses to set clear and realistic expectations for managing this cycle. For example, the average payment cycle in the US is 31 days, with larger companies taking 1 ½ to 2 times longer. As a result, businesses must carefully...
B2B Credit Card Processing Simply Explained
Mar 2, 2023
As a business owner, knowing the basics of payments processing can help you make more informed decisions as you better understand the differences between various credit card processing providers. With so many ways to accept payments, it’s important to have the right...
Important Payment Processing Terms to Know
Mar 1, 2023
Every business owner needs to know about payment processing terms and concepts. Here are five payment processing terms and definitions to help you crack the code! Batch When you have multiple transactions that need to be processed, they are bundled together and...
What are Virtual Cards and How do They Work?
Feb 25, 2023
Virtual credit cards are randomly generated digitized 16-digit numbers used in place of a physical credit card. Thanks to tokenization and spend controls, virtual credit cards are one of the most secure payment options for business buyers. A study by Juniper Research...
Accounts Receivable Series #1 The Mechanics
Feb 24, 2023
ACCOUNTS RECEIVABLE Accounts receivable departments are responsible for managing the movement of revenue by way of the invoicing and collection process. Beginning at credit application through to invoice processing, follow-up, and late payment collection, the purpose...
What is Level 3 Credit Card Processing?
Feb 2, 2023
Level 3 credit card processing is probably one of the best-kept secrets of the credit card processing industry for customers performing Business to Business (B2B) or Business to Government (B2G) transactions. Simply put, Level 3 payment processing is an advanced form...
Understanding B2B Credit Card Tiers and Pricing Structures
Jan 20, 2023
No longer just a customer convenience, offering credit card payments has quickly become a business requirement in accounts receivable for SMEs, medium and large-sized enterprises. Considering this growth in B2B card payments, it’s important to review what rates you...
Accept Credit Card Payments Without Costly Transaction Fees
Recent Blogs
Account Receivables Series #3 Conventional Processing vs Modern-Day Automation
The conventional approach to accounts receivable has been to manually generate invoices from accounting software or even Microsoft Excel spreadsheets in batches, sometimes daily. These invoices would then be printed and posted or, in more recent times, may have been...
Level III Credit Card Transactions
Level 3 processing is utilized in B2B and B2G transactions to help secure lower interchange rates and monitor spending. It involves the input of additional data through extra line-item details outlining the nature of each transaction for both the business and credit...
5 Good Reasons to Accept Virtual Card Payments
Businesses are more likely to experience fraud on their account when their physical credit card is used in many places. It can also be an administrative nuisance to have to redistribute physical card information to recurring merchants and vendors following fraudulent...
Accounts Receivable Series # 2 The Cycle
Key to success of the AR process is for businesses to set clear and realistic expectations for managing this cycle. For example, the average payment cycle in the US is 31 days, with larger companies taking 1 ½ to 2 times longer. As a result, businesses must carefully...
B2B Credit Card Processing Simply Explained
As a business owner, knowing the basics of payments processing can help you make more informed decisions as you better understand the differences between various credit card processing providers. With so many ways to accept payments, it’s important to have the right...
Important Payment Processing Terms to Know
Every business owner needs to know about payment processing terms and concepts. Here are five payment processing terms and definitions to help you crack the code! Batch When you have multiple transactions that need to be processed, they are bundled together and...
What are Virtual Cards and How do They Work?
Virtual credit cards are randomly generated digitized 16-digit numbers used in place of a physical credit card. Thanks to tokenization and spend controls, virtual credit cards are one of the most secure payment options for business buyers. A study by Juniper Research...
Accounts Receivable Series #1 The Mechanics
ACCOUNTS RECEIVABLE Accounts receivable departments are responsible for managing the movement of revenue by way of the invoicing and collection process. Beginning at credit application through to invoice processing, follow-up, and late payment collection, the purpose...
What is Level 3 Credit Card Processing?
Level 3 credit card processing is probably one of the best-kept secrets of the credit card processing industry for customers performing Business to Business (B2B) or Business to Government (B2G) transactions. Simply put, Level 3 payment processing is an advanced form...
Understanding B2B Credit Card Tiers and Pricing Structures
No longer just a customer convenience, offering credit card payments has quickly become a business requirement in accounts receivable for SMEs, medium and large-sized enterprises. Considering this growth in B2B card payments, it’s important to review what rates you...