PYMNTS

MAY 4, 2017

The payroll card industry is far from immune to controversy. Especially in recent years, regulators have eyed the space amid waves of criticism over high fees associated with the cards or a lack of education given to employees about the payroll tool. million employees receiving wages on payroll cards as of 2016 (compared with just 5.5

Payroll 40

Payroll Financial Inclusion Best Practices Regulations 40

PYMNTS

MAY 26, 2016

Corporate payroll practices have been under fire for months now, with no signs of slowing. Frequenting these debates is the issue of the payroll card, a tool that critics argue forces unfair fees on employees to access and spend their wages. Darden added that it would also put an end to the practice of charging a $0.50

Payroll 40

Payroll ATM Checks Best Practices 40

PYMNTS

DECEMBER 23, 2020

There are several financial workflows that could be most easily and quickly adjusted to address the needs of professionals working from home, including accounts payable, accounts receivable and payroll. “If If you're running your company, those are the quick hits,” Cakebread said.

Adjustments 81

Adjustments Best Practices Payroll Addressing 81

Stax

JULY 2, 2024

It can also help automate financial tasks like payment processing, invoicing, payroll management, and much more. These third-party integrations include your eCommerce, POS, payment processing, payroll, inventory management, and tax preparation software platforms.

Online and Mobile Banking 88

Online and Mobile Banking Payroll Small Business PCI DSS 88

Nanonets

JANUARY 25, 2024

Areas of focus include P2P, AP,  Accounts Receivable (AR), Payroll and Shared Services. Global business services, shared services, procure-to-pay, order to cash, record to report, and tax organizations are areas of focus, where it shares best practice tips through webinars, articles, white papers and more.

Accounts 52

Accounts Finance P2P Treasury 52

PYMNTS

SEPTEMBER 26, 2016

“It almost becomes a new form of lending, where, as it becomes harder for businesses to get credit lines with banks or short-term loans to purchase inventory or make payroll, they need to find another source of cash — and find it fast,” the executive said. For a supplier, that can mean getting paid faster.

B2B 65

B2B Same Day ACH ACH Commercial Card 65

Core

MARCH 19, 2024

3 Prevalent Types of Government Payment Fraud Government fraud detection and prevention begins with understanding the primary ways in which payment fraud occurs: vendor payments, payroll, and procurement. Payroll Fraud Instances where government employees manipulate payroll for financial gain constitute payroll fraud.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

Nanonets

SEPTEMBER 21, 2023

Payroll Errors Inaccurate payroll calculations and delays can cause dissatisfaction among employees and lead to legal complications. To overcome  payroll errors , businesses should adopt comprehensive payroll management systems that automate calculations and ensure compliance with tax laws.

Accounts 52

Accounts Audit Payroll Compliance 52

PYMNTS

JUNE 7, 2018

One of the latest changes to federal rules regarding non-medical home care services could provide more business opportunity to firms that serve that market and handle such backend tasks as billing and payroll. In April, the U.S. And it could turn into a lucrative opportunity for companies active in this market, too.

Accreditation 46

Accreditation Payroll Payments Best Practices 46

Nanonets

APRIL 26, 2024

  ROLL Project Workflow Management Time tracking is more than just clocking in and transmitting information to payroll; ROLL turns capturing leads, quoting projects, tracking progress, and getting business performance insights into a business function that happens almost entirely in the background.

Payroll 52

Payroll CRM Reconciliation Automation 52

Nanonets

MAY 6, 2024

Payroll Reconciliation : Payroll reconciliation involves comparing payroll transactions recorded in the general ledger with various payroll-related documents and reports to ensure accuracy and compliance. What are some best practices for general ledger reconciliation?

Reconciliation 52

Reconciliation Payroll Automation Transactions 52

Nanonets

APRIL 18, 2023

ACH payments are commonly used for recurring payments such as vendor payments , payroll, mortgage, and utility bills. Having a solution that covers all these needs is usually the best practice here. Once processed, funds are deposited into the receiver's account, which takes 1-2 business days to complete.

ACH 52

ACH ACH Network Payments Best Practices 52

EBizCharge

APRIL 26, 2024

First, short-paid invoices can lead to insufficient cash flow , which impedes the ability to meet immediate financial obligations, such as payroll, utility bills, and supplier payments. In addition to knowing how to deal with these invoices, incorporating best practices to minimize short-paid invoices is invaluable for any AR team.

Disputes 52

Disputes Best Practices Procedures SWIFT 52

FICO

DECEMBER 9, 2020

With the right analytics, patterns of intentionality can become very evident, such as linked accounts used to pay fake bills for each other or to mimic payroll deposits. For more information, see our white paper Combatting First-Party and Synthetic Identity Fraud, which covers the five best practices you need to combat these crimes.

Online and Mobile Banking 52

Online and Mobile Banking Credit Cards Best Practices Non-Bank 52

EBizCharge

JULY 16, 2024

Under NACHA’s stewardship, the ACH network processes various payments, including direct payments for payroll, social security benefits, tax refunds, and more. It also manages direct deposits, which can encompass forms of government and business disbursements. NACHA compliance requirements are reviewed and updated annually.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Nanonets

SEPTEMBER 28, 2023

So whether you're just getting started with b2b payments or you're looking to improve your current process, this guide will give you the information you need to make the best possible decisions for your business. This can include things like payroll, invoicing, and procurement. What  are B2B Payments?

B2B 52

B2B Wire Transfer ACH Wire 52

Nanonets

SEPTEMBER 28, 2023

So whether you're just getting started with b2b payments or you're looking to improve your current process, this guide will give you the information you need to make the best possible decisions for your business. This can include things like payroll, invoicing, and procurement. What  are B2B Payments?

B2B 52

B2B Wire Transfer ACH Wire 52

PYMNTS

FEBRUARY 14, 2018

Now, to further advance the cashless agenda in UAE, Mastercard and UAE Exchange have joined forces to issue two new card products for the UAE market: : the SmartPay Payroll Card for salary disbursements and the Gocash multi-currency prepaid card. Manghat and Nada recently spoke with PYMNTS about their goals for the partnership.

Visa 40

Visa Multi-Currency Payroll Economy 40

Nanonets

MARCH 30, 2023

They are a cost-effective and reliable way to automate payments, particularly for recurring transactions like payroll or vendor payments. Payment Automation Best Practices Setting up and implementing automated payment services does not automatically ensure that a company will reap its benefits.

Automation 52

Automation Transactions Wire Transfer ACH 52

Nanonets

APRIL 5, 2023

This challenge can be compounded by the fact that IPA technology is rapidly evolving, which means that businesses need to keep up to date with the latest developments and best practices to ensure a successful implementation. Another challenge is the need for skilled personnel and expertise.

Automation 98

Automation Process AI Fraud Detection 98

EBizCharge

APRIL 23, 2024

Here are five components to assess before choosing your payment terms: Cash flow management: Strong cash flow is the lifeblood of a business, enabling it to meet financial obligations such as payroll and supplier invoices. Customer relationships: Payment terms can nurture customer satisfaction and loyalty.

Payments 52

Payments Best Practices Settlement Assessments 52

Nanonets

DECEMBER 25, 2023

It has an 85% market share in the Small Business Accounting category, with over 100,000 customers, and is celebrated for its: Comprehensive Accounting Features : From tracking sales and expenses to managing invoices and payroll. User-Friendly Interface : Making it accessible even to those without an accounting background.

Finance 52

Finance Payment APIs and Integration Best Practices Automation 52

Stax

MARCH 18, 2025

However, a SaaS company providing global HR and payroll solutions may have a few hundred customers paying a monthly or annual feein other words, making recurring payments over a longer period of time. One best practice is integrating this solution with your SaaS management tool.

Payment APIs and Integration 117

Payment APIs and Integration Product On-Demand CRM 117

PYMNTS

JANUARY 26, 2018

It’s best practice to review the just-completed close and look for opportunities to be better next time.”. The advent of new technologies means corroborating data exists in more systems — [like] payroll, expenses, electronic banking records and more. Managing the month-end close is a process of continual improvement,” he said.

Close Processes 47

Close Processes Innovation FinTech Accounts 47

Nanonets

JULY 21, 2023

In this guide, we’ll discuss the basics of business process automation, the best practices, and how to choose the right business process automation tool for your company. Source Payroll automation can eliminate errors in payroll calculations and maintain payroll records for tax purposes.

Automation 52

Automation Process Audit Payroll 52

Stax

SEPTEMBER 19, 2024

Best Practices for a Successful Quote to Cash Implementation A clear strategy and objectives : you should have clear idea of what you want to achieve with your new QTC system, whether it’s to improve customer experience, reduce churn rates, or boost revenues.

Process 88

Process Automation RFP Disputes 88

FloQast

NOVEMBER 11, 2024

Here are the key actions to take: Post or import payroll. Ensure you’ve accurately recorded all payroll transactions, including verifying all employee timesheets are submitted, approved and processed. Verify accounts payable. Confirm you’ve entered all accounts payable bills into your system, including one-time and recurring bills.

Reconciliation 52

Reconciliation Close Processes Accounts Transactions 52

Nanonets

SEPTEMBER 23, 2024

Expense analysis: Review outgoing payments such as vendor payments , payroll, and operational costs. payroll, utilities) and flags unexpected costs.   Implement strict access controls and audit trails for all financial data, and conduct regular staff training on data security best practices.

Payment APIs and Integration 52

Payment APIs and Integration AI Audit Non-Bank 52

PYMNTS

AUGUST 29, 2018

Readers of this space know that many verticals and functions, from insurance to payroll – where payments are on the grandest scale in terms of volume – could see improvement in convenience and choice if only more companies would embrace instant and digital disbursements. Mass payments are no novel concept.

API 40

API Enrollments Best Practices Process 40

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.   Most businesses utilize a Xero integration to solve the needs of other business functions in a way that’s cohesive with existing accounting processes and best practices. 

Payment APIs and Integration 52

Payment APIs and Integration CRM Automation Accounts 52

Nanonets

MARCH 27, 2023

Trusted by 500+ enterprises, it is the best no-code financial automation software with an OCR engine. Trusted by 500+ enterprises, it is the best no-code financial automation software with an OCR engine. Here are some case studies that you might want to explore!

Automation 52

Automation Payment APIs and Integration Process Checks 52

Nanonets

MARCH 24, 2023

This payment method is widely used for direct deposit of payroll, payment of bills, and business-to-business payments. Pay vendors with ACH ACH (Automated Clearing House) payments are electronic fund transfers that use the ACH network to move funds between bank accounts in the United States.

Wire 52

Wire Wires ACH Credit Cards 52

Nanonets

MARCH 13, 2024

Best Practices, Resources, and Partnerships To support [Company Name]'s employees in managing expenses effectively and to leverage potential savings through strategic partnerships, this section provides valuable resources, best practices, and details on beneficial partnerships.

Compliance 52

Compliance Procedures Best Practices Checks 52

EBizCharge

JULY 15, 2024

This article will explore the key differences between these billing practices, the pros and cons of arrears billing, and best practices. Traditional examples of payments in arrears include utility bills, employee payrolls, or professional consultation fees. Billing in arrears vs. in advance: What’s the difference?

Disputes 52

Disputes Payer Legal Service Provider 52

Nanonets

FEBRUARY 28, 2024

This process is vital for a myriad of functions, such as reconciling invoices with the general ledger, and extends to numerous other business processes including inventories, payroll, sales, and customer information, among others. Embrace the opportunity to transform your data management challenges into strategic advantages with Nanonets.

Reconciliation 52

Reconciliation Process Audit Compliance 52

EBizCharge

OCTOBER 17, 2023

The most common transactions sent over ACH include electronic funds transfer (EFT), employee payroll direct deposits, and electronic bill payments. These fees are intended to cover ACH return processing costs and encourage adherence to best practices to ensure more accurate and valid payments.

ACH 52

ACH Returns RDFI ODFI 52

Nanonets

FEBRUARY 8, 2024

ERPs have rapidly evolved over the last few decades, but business best practices have evolved even faster. There are plenty of solutions today that can automate everything from payroll processing to report creation, but without the right data available in the background, an automated process simply won’t work.

Payment APIs and Integration 52

Payment APIs and Integration Automation CRM API 52