PYMNTS

FEBRUARY 6, 2019

“Business Advantage 360 will help entrepreneurs save time and money, by providing a more complete financial picture of their business,” said Sharon Miller, managing director and head of small business at Bank of America. Users can also manually adjust cash flow projections and thresholds to account for additional data.

Online and Mobile Banking 72

Online and Mobile Banking Small Business Adjustments Payroll 72

Stax

APRIL 23, 2024

ACH payments are a convenient way for business owners, individuals, and employers to use intuitive automated banking throughout their daily lives. Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

APRIL 16, 2020

With the coronavirus forcing small- to medium-sized business (SMB) owners to digitize, adjust business models, close their doors or furlough staff, entrepreneurs are quickly recognizing that the old ways of operating no longer cut it in today’s volatile, remote world. Payroll’s Moving Target.

Payroll 70

Payroll Adjustments Underwriting On-Demand 70

PYMNTS

AUGUST 5, 2020

ADP found that while June’s payroll was revised upward to 4.3 We have seen the slowdown impact businesses across all sizes and sectors.”. At 129,000, the biggest job gains were seen at large businesses, defined as having 500 to more than 1,000 workers. Small businesses with between one and 49 workers saw job growth of 63,000.

Payroll 78

Payroll Shutdown Adjustments Economy 78

PYMNTS

AUGUST 27, 2019

At the same time, he noted, accounting firms must adhere to the payment demands seen across industries, namely the need for businesses to accept payment online in an intuitive, user-friendly way. The role of the corporate and small business accountant is changing. Changing CPA Roles.

FinTech 60

FinTech Small Business Accounts Debit Card 60

Stax

MAY 2, 2024

In an ideal world, every business would have enough cash flow to stay afloat in the short term and allow the owner to focus on long-term goals. But small business owners know this isn’t always the case. MCA rules are slightly different from traditional small business loans. How Does a Merchant Cash Advance Work?

Credit Cards 88

Credit Cards Small Business Finance Accounts 88

PYMNTS

APRIL 7, 2020

You could say that Friday’s (April 3) rollout of the $350 billion small business relief Paycheck Protection Program (PPP), part of the $2 trillion CARES Act stimulus package, went less than smoothly when it started. It was a day filled with a lot of complaints. For the SMBs that need this money, the floodgates didn’t open on Friday.

Payroll 57

Payroll Push-to-Card Rules Credit Cards 57

The Finance Weekly

MARCH 4, 2024

Whether you run a business or just want to handle your money better, knowing about cash flow is crucial. According to Investopedia, a big reason small businesses don’t make it is cash flow issues. In 2024, for businesses to do well, they need to be open to using new trends and technologies for handling their money.

Checks 130

Checks Finance Product Rules 130

PYMNTS

SEPTEMBER 12, 2017

Two forces are currently at work that may stand to reshape the way small businesses (SMBs) manage their cash. Interestingly, smaller businesses with fewer than 50 employees said they are more likely than larger corporates to establish a flexible rolling budget.

Research 53

Research Small Business Accounts Payroll 53

EBizCharge

MAY 20, 2024

YTD is used by numerous business professionals trying to evaluate a company’s financial situation. Some top departments and individuals using YTD include financial analysts, HR and payroll, accountants, investors, and business owners.

Payroll 52

Payroll Returns Accounts Finance 52

PYMNTS

JULY 17, 2020

The CARES Act upped jobless benefits by $600 a week, authorized one-time stimulus payments, and made loans to 5 million small businesses to help prop up payrolls. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2020 is -34.5 Then there’s the issue of the stimulus.

Federal Reserve 63

Federal Reserve Bureau of the Fiscal Service Fed Fiscal Service 63

PYMNTS

APRIL 24, 2020

I think this is going to impact us for quite a while and [the PPP funds] buy us time to adjust some of our expenses if we need to. The Short-Term Issue: Keeping Small Lenders In The Game. Punishing those banks and those business that are still keeping people on the payroll, Walker noted, is misguided.

Community Banks 70

Community Banks FinTech Underwriting Small Business 70

FICO

JULY 27, 2021

At the same time, repayments for commercial support initiatives, in the shape of Coronavirus Business Interruption Loan Schemes and Business Interruption Loan Schemes - BIBLs and CIBLs - are yet to get underway in earnest. Elsewhere, it’s estimated that more than 600,000 sole traders and small businesses (SMEs) are also at risk.

Card Issuer 52

Card Issuer Payroll Advisors Treasury 52

Nanonets

FEBRUARY 13, 2024

Here are the essential categories that every small business should consider: Operating Expenses : These are the day-to-day expenses that are necessary for your business to function. Personnel Costs : Salaries, wages, benefits, and payroll taxes fall into this category.

IRS 52

IRS Automation Adjustments Audit 52

Nanonets

MARCH 4, 2024

Categorizing expenses allows businesses to track their financial commitments and adjust operations as needed to ensure liquidity. Effective cash flow management is the lifeline of any business, preventing cash crunches and enabling smooth operational flow. A credit is available for small businesses.

IRS 52

IRS Online and Mobile Banking Credit Cards Automation 52

Tearsheet

NOVEMBER 21, 2024

Global expansion is now becoming a goal for many businesses, but international payments remain a vital challenge to address. John Caplan, CEO of Payoneer “Payoneer exists to make it easy for businesses anywhere to do business everywhere,” says Caplan. “We We think borders shouldn’t hold businesses back,” he says.

Cross-Border 52

Cross-Border Online and Mobile Banking Compliance Community Banks 52

PYMNTS

APRIL 24, 2020

It might not mean the world is going back to normal just yet, but is a sign that it will keep on turning, virus or not – though how it does so is open to adjustment. Businesses have to look at this capital as their lifeline to the future with tremendous uncertainty ahead. as their PPP funds have rolled in. Exploring the Reinvention .

Payments 52

Payments Small Business On-Demand Payroll 52

Stax

SEPTEMBER 19, 2024

However, there is always the risk of errors in the process of building a quote for a potential client due to complicated pricing structures used by many companies and confusion caused by spontaneous customer requests for adjustments in the scope of service required.

Process 88

Process Automation RFP Disputes 88

Nanonets

APRIL 24, 2024

From invoice management and expense tracking to payroll and reporting, Xero offers a range of features tailored to meet the unique needs of small businesses. Keep refining your approach by piloting new tools, utilizing free trials, and making adjustments as needed. 

Payment APIs and Integration 52

Payment APIs and Integration CRM Automation Accounts 52

Nanonets

FEBRUARY 28, 2024

Whether you're a small business owner, a finance professional, a CFO, or simply curious about the financial operations of a business, this blog series promises to equip you with a thorough understanding of the General Ledger, its significance and it's effective implementation within a business.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

EBizCharge

JULY 15, 2024

Traditional examples of payments in arrears include utility bills, employee payrolls, or professional consultation fees. This system allows for precise compensation calculations, including overtime and other adjustments. The term arrears doesn’t necessarily imply late payments.

Disputes 52

Disputes Payer Legal Service Provider 52

Nanonets

JULY 21, 2023

Xero: Xero is a cloud-based small business accounting software that caters to startups, growing companies, and established enterprises. It is popular among small businesses, business owners, bookkeepers, accounting firms, and non-profit organizations, with its Established plan providing multi-currency features for global customers.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

Nanonets

JUNE 29, 2023

 Flow is powered by Nanonets, an intelligent automation software that uses AI & ML to recognize and extract data from various document types and integrate into any business software. Flow is highly customizable, enabling users to adjust extraction rules and train their own models.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Automation Push-to-Card 52

Nanonets

JANUARY 17, 2024

Streamline reimbursement by integrating with HR and payroll software for a smoother process. Updating and Evolving Policies: Bi-annual reviews to adjust limits and categories as per market rates and company growth. The management team, acknowledging the practical challenge, decides to adjust the policy.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

CB Insights

JUNE 17, 2020

The small business sector has also seen an increase in adoption of contactless options. While 40% of small businesses remained nonoperational due to the pandemic, 27% of those that continued to accept on-premise payments reported an increase in contactless payments made through smartphones and contactless cards.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

PYMNTS

JANUARY 11, 2021

Two weeks after its 11th-hour passage by Congress, the second round of the Paycheck Protection Program (PPP) administered by the Small Business Administration has begun accepting applications for forgivable loans aimed at helping small and medium-sized businesses weather the storm caused by the coronavirus.

Payroll 60

Payroll Caps Adjustments Economy 60

CB Insights

OCTOBER 31, 2017

” Title: Why is Finance for Small Business Still Broken? Dealstruck closed its doors after more than three years in business. What we found was that the sales cycle for the market we specifically wanted to go after is just way too long for a small company to absorb. Product: Dealstruck.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

PYMNTS

JUNE 23, 2020

Four in 10 – or 40 percent – of borrowers said that having room for adjustments, such as allowing a greater share of the loan to go to non-payroll expenses and new FTEE exclusions, was very helpful in optimizing loan forgiveness. An additional roughly two in 10 – or 19 percent – saw those adjustments to be “moderately helpful.”.

Payroll 93

Payroll Treasury Adjustments Small Business 93

Stax

JANUARY 23, 2024

Most small business owners hunting for cloud accounting software will find themselves trying to choose between the two most popular names: Xero and QuickBooks Online. These two giants in the small business accounting software space are equally adored in the business community.

Accounts 88

Accounts Payment APIs and Integration Online and Mobile Banking Payroll 88

PYMNTS

JULY 15, 2020

Under the previous measure, a taxpayer’s adjusted gross income could not exceed $75,000. Liability protections for businesses, hospitals and schools are essential for McConnell. But McConnell has said if there is a second stimulus check it will not be a recurring payment and could be limited to Americans who earn up to $40,000 a year.

Checks 106

Checks Returns Economy Payroll 106

FloQast

DECEMBER 18, 2024

The month-end close is the process by which companies verify, adjust, and finalize their financial figures for that month – essentially closing the books before the start of the next accounting period. For many small businesses, performing a formal year-end close may be enough. Create Intercompany Adjustments.

Close Processes 98

Close Processes Process Accounts Adjustments 98