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

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

‘Nine Ways to Sunday’— the Payments Landscape

  A Review of B2B and B2C Payment Channels & Methods A payment channel is basically any method by which either your customer might make a payment or any... Read more

How the European Commission Plans to Fix Its Late Payment Culture

While the United States has been hesitant to regulate late payments, the European Commission implemented Directive 2011/07/EU on March 16, 2013 in attempt to protect SME creditors from "late... Read more

When You Can’t Bank On It

Bad check. Bounced check. Rubber check. No matter how you describe checks returned for non-sufficient funds (NSF), the burden of collection initially falls on the AR Department. Credit managers... Read more

Are You Using These AR Best Practices?

Financial transaction processing in today’s environment is a critical operation for any enterprise. No matter the size of an entity or the nature of its business, there are logical,... Read more