Invoice factoring transforms your accounts receivable into a tool for opportunity, not limitation. It gives you the freedom to focus on scaling your operations rather than chasing down payments. This step is especially helpful for businesses with irregular income or long billing cycles, where delayed payments can cause cash flow issues. In fact, approximately 70%…

Stakeholders play diverse roles, ranging from providing resources and support to being directly impacted by project outcomes. Stakeholders are the people or groups who have a stake or interest in something, like a project or a company. It goes beyond just owning a part; it’s about being affected by or affecting what’s happening. The details…

Fraud detection, ongoing security monitoring, and activity tracking are just some of the features that come with processing eCheck payments. An electronic check, or eCheck, is a digital version of a traditional paper check. It enables individuals and businesses to transfer funds from one bank account to another electronically. Instead of writing a physical check,…

In fact, most offer custom pay types, so you can create your own—sometimes even when you’re in the middle of a pay run. Hourly capably supports both hourly and salary-based payroll processing, though its target audience is clearly contractors. The user experience and feature set can serve more-generic businesses as well. Set up and manage…

Vendor master file, if handled properly can help with lots of accounts payable responsibilities. Make sure you adjust your processes so best practices are used in relation to it. This includes new procedures to verify data, both when it initially is entered and andy time it is updated. If you are using a third-party invoice…