With Rising Global Sales, Credit Pros Must Master Export LC Fundamentals

Especially in emerging markets or with new global customers, offering open account terms may pose unacceptable risks. That usually means credit and AR pros must become familiar with the... Read more

Protect Against Loss When Managing Multiple Currencies

It is critical that AR managers with global responsibilities view currency exchange as a risk to the business. Financial losses due to changes in currency values are a real... Read more

Best Practices: How to Handle NSF Checks

What should you do when a check is returned for non-sufficient funds (NSF)? According to conversations with attorneys and credit industry professionals, it’s important to be knowledgeable about the... Read more

State Bad Check Service Fee Laws

Each state has its own laws governing various aspects of bad check collection, including service fees that can be charged. The table below provides links to each state’s bad... Read more

ACH Formats: Enabling E-Payment for Businesses

Started almost forty years ago The Electronic Payments Association, aka NACHA, formed to create standardized rules for the use of Automated Clearing House (ACH) payments. Today NACHA is known... Read more

Get Paid Electronically

The customer is always right, especially when the customer is actually cutting a check. But what if cutting the physical check is actually costing you both money? When it... Read more

Adopting the EPN STP 820 Standard

The STP 820 standard allows payments and payment information to travel together and streamline A/R. Electronic payments are supposed to make business-to-business transactions faster and more accurate – so... Read more

How an RDC Solution Can Save Your Company Money

Remote deposit capture solutions can save your company money. Savings come from cash flow acceleration, reduced labor and transportation costs, as well as productivity gains. In one example, implementing... Read more

Step Up to ‘Next Generation’ Remote Deposit Capture for AR

AR professionals looking for new ways to accelerate and manage cash flow by implementing AR automation solutions will be interested in learning how to migrate from bank-provided services to... Read more

Remote Deposit Capture for AR Speeds Cash, Lowers Costs

With between half and three-quarters of U.S. banks and financial organizations now offering remote deposit capture (RDC) solutions, it's definitely time for your AR department to make sure it's... Read more