Resources

Our Payment Processing Solution Works With QuickBooks Online

Our Payment Processing Solution Works With QuickBooks Online

In the fast-paced world of business, efficiency is key, especially when it comes to financial transactions. QuickBooks Online, a popular accounting software, takes a giant leap forward in simplifying payment processes when integrated with eTreem. This dynamic duo not...

Level 3 Credit Card Transactions

Level 3 Credit Card Transactions

Have you ever wondered how businesses optimize their credit card transactions for lower interchange rates and enhanced spending control? Level 3 data credit card processing has become a game-changer in the world of commerce. In this blog, we delve into the intricacies...

What is Level 3 Credit Card Processing?

What is Level 3 Credit Card Processing?

Level 3 credit card processing is a game-changer in the credit card processing industry, especially for businesses engaged in Business-to-Business (B2B) or Business-to-Government (B2G) transactions. If you are a business operator or a merchant, you are likely...

B2B Credit Card Processing Simply Explained

B2B Credit Card Processing Simply Explained

As a business owner, knowing the basics of B2B credit card 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...

The B2B Payment Portal

The B2B Payment Portal

B2B Payments Portal B2B payment portals are online platforms that enable businesses to manage their payments and transactions with other businesses digitally. Depending on the specific platform and breadth of features offered, portals provide a secure and efficient...

Automating B2B Receivable Payments

Automating B2B Receivable Payments

A Guide to Automating B2BReceivable Payments Automating B2B (business-to-business) receivable payments can streamline the payment process, reduce manual effort, improve cash flow, and enhance overall efficiency. That's quite an all-encompassing outcome, so let us...

Business Credit Analysis

Business Credit Analysis

What is Business Credit Analysis? Business credit analysis is a process of evaluating the creditworthiness and risk associated with extending credit or loans to a business. In basic terms, it’s the assessment of the financial health, stability, and repayment capacity...

Fintech 101

Fintech 101

Fintech is a term used to describe the intersection of finance and technology. It refers to companies that use technology to provide financial services and products in innovative and more efficient ways. It is also described any business that uses technology to...

Payment Automation Reminders

Payment Automation Reminders

Hunting down customer payments isn’t the most practical approach to debt collection. Collection pursuit takes a lot of time, resources, and headaches for both parties. Moreover, these efforts may negatively impact a company’s relationship with its clients. No one...

Overdue Payments

Overdue Payments

According to a recent study by Tally Street, 57% of B2B payments were collected late by small to medium-sized businesses in the United States in 2020. The study also found that the average proportion of overdue invoices increased to 50%, up from 43% in the previous...

The Importance of DSO

The Importance of DSO

DSO (Days Sales Outstanding) is a financial metric measuring the average number of days it takes for a company to collect payment owed after a sale has been made. A high DSO can have a significant impact on cash flow as it means that a company is waiting longer to...

eChecks or Credit Cards?

eChecks or Credit Cards?

eChecks or Credit Cards? Payment acceptance in the B2B space gives businesses several options to choose from. Two of today's most popular payment methods are eChecks and credit cards. While credit cards have been the most commonly used as a go-to payment method for...

Electronic Checks

Electronic Checks

Electronic checks, also known as eChecks, are a digital version of traditional paper checks. They are becoming increasingly popular as a secure, familiar and convenient way to make payments online. Here's a primer on what you need to know about electronic checks: How...

The Cash Flow Statement

The Cash Flow Statement

The Cash Flow Statement (CFS), also known as a Statement of Cash Flows, is one of the main reports in your financial statements documenting the total amount of cash and cash equivalents your business received and used during a specified period. It highlights changes...

Cash Flow Management Forecasting

Cash Flow Management Forecasting

Cash flow is the movement of money in and out of a company. An organization’s cash flow is typically categorized as cash flows from operations, investing, and financing. Cash flow remains a vital aspect of running a successful SMB, and poor management of it is a...

Accounts Receivable Series #2 The Cycle

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...

Important Payment Processing Terms to Know

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?

What are Virtual Cards and How do They Work?

What is a virtual card? Virtual 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...

Accounts Receivable Series #1 The Mechanics

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...

Understanding B2B Credit Card Tiers and Pricing Structures

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...