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Home / Archives for Finance / Payments and Collections

Payments and Collections

Going to Collections: A Big Step with Big Benefits

Apr 22, 2019 By Jenna Cyprus

When working with customers, we want to do everything possible to maintain positive relationships and provide quality customer service, whether that means creating personal connections, responding promptly to inquiries, or using data to determine how to best meet their needs. Unfortunately, sometimes our efforts to work well with customers don’t always yield the desired results, […]

Filed Under: Finance, Payments and Collections Tagged With: Collections, Payments

How to Find the Best Point of Sale Systems in 2019

Apr 5, 2019 By Gary Wilkinson

It can be overwhelming to research and choose the right point of sale system for your company. With so many different point of sale systems available, it’s not easy to know which one is ideal for your business. But, making the right choice can save your business a lot of time and money. Keep reading […]

Filed Under: Finance, Payments and Collections Tagged With: Payments, Point of Sale, Technology, Trends

4 Ways the Wayfair Tax Affects Retailers

Jan 31, 2019 By 1800Accountant

When the Supreme Court decided in June 2018 that states could now require online retailers and other remote sellers to collect sales tax from customers, even if the retailer didn’t have a presence in that state, it was big news. Commonly called the “Wayfair Tax,” the legal ability for states to force online retailers to […]

Filed Under: Payments and Collections Tagged With: Collections, ECommerce, Sales Tax, Taxes

What Can a Cloud-Based POS System Do for Your Business?

Dec 13, 2018 By Tina Kyriacou

By definition, a POS (point of sale) is the system from which you conduct sales. Different versions of them exist, all of which have varying features and strengths. But when it comes to improving customer experience and business processes, the cloud-based POS is the top player. This system allows you to access your reports and […]

Filed Under: Payments and Collections Tagged With: Cloud Services, Point of Sale

What is the Relationship Between Fintech, Blockchain, and the “Unbanked”?

Dec 12, 2018 By Hemendra Singh

There has been a great deal of discussion about fintech and blockchain and how it may be helpful for simplifying payments for clients. Fintech can be useful for bringing fiscally banned individuals worldwide into the financial structure. Support is coming especially for blockchain advancements and Android App developers from various countries are grasping these innovations […]

Filed Under: Payments and Collections Tagged With: Blockchain, Cryptocurrency, Technology

5 Essential Steps to Prepare Your Company’s Finances for the Holidays

Nov 8, 2018 By Chelsea Krause

With the holidays right around the corner, initial visions of sugar plums dancing in your head have likely made way for long shopping lists and travel plans, and I bet your wallet’s already feeling it. Trees, decorations, presents, food, parties—it can all add up. But what about your small business’s finances? In the midst of […]

Filed Under: Payments and Collections Tagged With: Accounting, Holidays, Invoicing

Get Ready for These Financial Trends of the Future

Oct 26, 2018 By Philip Piletic

As a small business owner in the e-commerce or brick-and-mortar retail sector, a substantial part of your success will depend on your ability to assimilate industry trends and adapt to changes in the market. To understand why you should stay on top of financial and market trends, consider the diametrically opposed fates of Sears and […]

Filed Under: Payments and Collections Tagged With: Cryptocurrency, Payments, Retail, Trends

3 Simple Benefits of Accepting Mobile Credit Card Payments

Oct 19, 2018 By Ryan Tyson

There are so many decisions to be made as the owner of a small or medium business. From hiring and training employees to signing their paychecks and addressing customer concerns, your hands are probably full around the clock. There are many other aspects of the company, however, that must be attended to, like determining what […]

Filed Under: Payments and Collections Tagged With: Credit Cards, Mobile, Payment Processing

How to Deal with Late-Paying Clients

Oct 15, 2018 By Wagepoint

No matter what industry your business is in, you’re bound to come across a client who’s thrilled with your work, but never pays an invoice on time. Not only does a late payment put strain on your business, it creates friction between you and your customers. You want your customers to have a pleasant experience and don’t […]

Filed Under: Payments and Collections Tagged With: Collections, Invoicing, Payments

5 Steps to Better Invoicing and a Smart Payment Process

Sep 24, 2018 By Wagepoint

To make payroll, you need money in the bank… Which makes effective invoicing is a must. Let me ask you this: Do your customers pay you in a timely fashion? If not, cash flow can become critical, making it impossible to grow your business. That’s why, for your business to succeed, you need a sound […]

Filed Under: Payments and Collections Tagged With: Invoicing, Payments

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