Adding ACH Payments Helps KHS Bicycles Speed Payments and Boosts Customer Satisfaction

Offering customers payment options that makes it easier to do business with your company is a smart strategy. Recently, KHS Bicycles (Rancho Dominguez, CA) discovered this firsthand as they... Read more

Streamlining Payment Posting with the Help of a Lockbox

When a company’s customer base is growing by leaps and bounds and its ERP system is highly complex, posting invoice payments can be a time-consuming process for Accounts Receivable.... Read more

Late B2B Payments: A Growing Global Trend?

A September, 2016 survey conducted by Atradius about payment practices in the Americas (the U.S., Canada, Mexico and Brazil) revealed that nearly all respondents reported experiencing late payments over... Read more

Tips for Handling Customer Deductions

Customer deductions present a persistent—and expensive—problem that causes revenue and profit dilution and copious back-office work every year. What is the best way to address this challenge? And what... Read more

How to Achieve Consistent, Accurate, and Timely Cash Application

By Bob Sefton, Financial Director, Nomacorc LLC Accurate, timely cash application fosters good working capital management practices with a resulting positive cash flow. If cash application is not carried... Read more

Bitcoin and Blockchain Might Change Everything

The most widely known virtual currency today is bitcoin. From its advent in 2009 to the present day, Bitcoin’s story has been complex, punctuated by mystery, drama, scandal and... Read more

Insights on Credit Card Interchange Fees

The increasing use of credit cards in business-to-business (B2B) purchases is making it important for companies to become conversant in the world of merchant discount fees and interchange rates.... Read more

What to Do when U.S. Payment Behavior Slows Down

A deterioration of payment behavior in the United States could spell big trouble for companies that fail to recognize the decline when it happens. The good news is that... Read more

KMG Chemicals Tips for Better Payment Processing

When a company has customers all over the globe using many different methods of payment, it can be challenging to get those disparate payments processed accurately and timely. The... Read more

Managing Deductions—5 Key Steps to Improvement

While deductions, in the form of discounts, short payments, and chargebacks, are a fact of life for most businesses,deductions can drain your AR department’s time and resources while adding... Read more