EBizCharge

MAY 2, 2024

Thankfully, businesses can leverage no fee credit card processing to alleviate the burden of transaction costs. What is no fee credit card processing? No fee credit card processing , often called zero fee credit card processing, is a payment system that allows business owners to accept credit cards without the usual costs.

Credit Cards

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. The service is expected to launch in 2021 in Luxembourg after regulatory processes, and after that it will be debuted in other European markets, the release stated.

Payments

CB Insights

SEPTEMBER 28, 2020

Insurtech companies want to modernize processes like underwriting and distribution while also helping to establish entirely new forms of business within an industry that is often seen as old-fashioned. Webinar: How Insurtech Builds Resiliency.

Cybersecurity

The Finance Weekly

OCTOBER 1, 2024

Mastering variable expenses is key to accurate budgeting and strategic cost management. Differentiating Between Variable, Fixed, and Semi-Variable Costs Every business has a cost structure made up of fixed, variable, and semi-variable expenses. Don't forget to pay attention to your material handling processes!

On-Demand

PYMNTS

MAY 21, 2020

While the travel industry remains decimated due to the pandemic, with businesses just beginning to tiptoe toward some semblance of normalcy, the shift to digital processes is gaining traction. The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management.

B2B

The Finance Weekly

NOVEMBER 27, 2023

This ratio highlights the percentage of your sales, general, and administrative costs that aren't directly related to producing your product. These expenses may include miscellaneous office costs that can impact your profits. In general, a lower SG&A ratio is preferable, indicating more efficient cost management.

Assessments

PYMNTS

MAY 21, 2020

MicroTech , which provides information technology services to government entities, is partnering with cost management tool CostPerform , in order to boost functionality for IT payment processes, according to a press release.

B2B

PYMNTS

OCTOBER 30, 2019

“AP plays a critical role within every company, ultimately controlling the procure to pay process, and touching every department within a company. Stampli redefines invoice management by turning the invoice into a communication tool allowing AP to seamlessly collaborate with all departments and external vendors.”.

Accounts

PYMNTS

OCTOBER 18, 2016

According to data from PaySimple , it costs businesses an average of $1.22 to process a single paper check. JHA’s Adelson said one of the biggest challenges for SMEs when it comes to accounts receivable is the cost they can incur by not offering an electronic bill pay option.

Accounts

The Fintech Times

AUGUST 11, 2024

Additionally, the push towards automation in FX processes is gaining momentum, though a significant number of firms still rely on manual methods. Despite higher hedging costs, managers are seeking greater protection. The report also notes a strong push towards automation, though many still rely on manual processes.

Returns

Stax

MARCH 14, 2024

Maximize Profit by Lowering Credit Card Processing Costs Credit card processing fees can become very expensive for SMBs. These are the fees your business pays to process non-cash payments and they can add up fast. One way is by negotiating with the companies that process the payments.

CRM

Fintech Finance

FEBRUARY 18, 2025

.” Branislav Beer, Head of Visa Commercial Solutions, CEE, says: “We are thrilled that Visa and Eurowag have begun collaborating on issuing fleet cards, which will help businesses managing fleets improve their payment processes.

Security

EBizCharge

DECEMBER 10, 2024

Bottom-line growth, on the other hand, measures the increase in net income or profit, considering all expenses, taxes, and costs. This growth indicates how efficiently a company manages its operational and administrative expenses. This directly contributes to an increase in revenue and supports top-line growth.

Compromise

Payment Savvy

JULY 12, 2024

In the evolving world of small businesses, efficient payment processing is crucial. However, the fees associated with payment processing can be a burden. Processing online payments involves costs, whether they’re fees to credit card companies, processing networks, or payment service providers.

Debit Card

PYMNTS

MAY 8, 2018

“It’s critical that CFOs adopt a cloud-based strategy for business spend management that enables them to have visibility and control over their spend to make more strategic and informed decisions about their business.”. 1 threat to CFOs’ abilities to make a positive impact on their companies’ financial positions.

Risk Mitigation

Nanonets

DECEMBER 10, 2023

Purchase orders, invoices, bills of lading, and various other paperwork demand meticulous attention, yet manual processing can be time-consuming, error-prone, and resource-intensive. This is where Intelligent Document Processing (IDP) steps in as a game-changer. What is Intelligent Document Processing?

Automation

PYMNTS

AUGUST 26, 2019

Walgreens said in a statement, according to the outlet, “As previously announced, we are undertaking a transformational cost management program to accelerate the ongoing transformation of our business, enable investments in key areas and to become a more efficient enterprise.” The pharmacy chain aims to save $1.5

Innovation

PYMNTS

FEBRUARY 10, 2020

As more countries implement instant payments, it offers treasurers new ways of working, moving from batch processing into … real-time.”. FIs, SMBs, Fintechs Eying Each Other.

API

Nanonets

JUNE 22, 2023

Whether you are a small business or a large enterprise, reconciling invoices is an essential process to ensure accuracy, identify discrepancies, and maintain strong financial controls. This process safeguards businesses from overspending and helps maintain financial control. What is invoice reconciliation? Below are few key ones.

Reconciliation

PYMNTS

SEPTEMBER 24, 2019

Solar construction and installation firms must ensure their cash flows remain steady as the industry expands, which means addressing the costs related to construction, safety equipment, diesel and other fuel, as well as any unexpected expenses. Giliberto explained that the cards simplify contractors’ average on-site payments. “A

Credit Cards

Segpay

FEBRUARY 5, 2025

Expand operations confidently, knowing that transactions will be processed smoothly cross-border. Lower Transaction Costs One of the most important benefits of offering your clients SEPA payments is their cost-effectiveness. SEPA payments, especially through direct debit, offer a more controlled and predictable payment process.

Cross-Border

EBizCharge

JUNE 26, 2024

Manufacturing accounting is an essential practice that mirrors the precision required in the production process, ensuring every dollar spent and earned is meticulously tracked. Manufacturing accounting is a specialized branch of accounting that focuses on tracking and managing the financial operations of manufacturing businesses.

Accounts

PYMNTS

JUNE 1, 2016

Together, the corporations are launching a suite of commercial cards linked to automated business processing and reporting for corporate clients, they said in an announcement Tuesday (May 31). The FI will also provide the CIMB Purchasing Card, which automated procurement processes in real-time for businesses to streamline reconciliation.

Visa

Nanonets

MARCH 13, 2024

Managing invoices efficiently is integral for businesses to maintain smooth cash flows and accurate financial records. Optical Character Recognition (OCR) technology has emerged as a crucial tool, enabling organizations to streamline invoice processing, enhance accuracy, and accelerate financial workflows.

Payment APIs and Integration

PYMNTS

FEBRUARY 12, 2018

The APICS and IMA also noted that supply chain executives are largely forced to rely on reporting systems oriented outside of their own departments that often oversimplify the costing analysis process. More than a quarter also said it is too much effort to obtain useful costing information.

Finance

FICO

AUGUST 6, 2018

If the expense request had been stopped because a supervisor had noticed the purchase during the approval process, or an automated system had identified the non-compliant item then the requestor would simply have removed the item, and the remaining amount would have been reimbursed. Expenses Abuse - The Hidden Cost.

Audit

Nanonets

JUNE 12, 2024

Supply chains are cumbersome to manage and navigate for all businesses. Any inefficiencies, operational turnaround pains, costs associated with manual processes and unpredictable delays will cut down profits significantly. Automation is a game-changer in supply chain management. What is Supply Chain Optimization?

Automation

Nanonets

FEBRUARY 15, 2024

Procurement is a pivotal function for any business upon which the pillars of efficiency, cost management, and strategic sourcing rest. Ultimately, understanding and refining this process is essential for steering your business towards more profitable and sustainable futures.

Finance

Nanonets

NOVEMBER 14, 2023

A procurement strategy serves as a comprehensive roadmap for implementing a procurement process within an organization. This process ensures transparency and accountability in the purchasing process. Managing Costs and Risks: Cost management is a key aspect of procurement strategy.

Assessments

Nanonets

APRIL 26, 2024

The tool’s out-of-box robustness lays a strong foundation to support a multitude of business processes, but it’s the Xero Marketplace – full of Xero apps and integrations – that really sets the Xero platform apart.  With the right Xero add-ons, overly complex invoicing processes are a thing of the past. 

Payroll

PYMNTS

SEPTEMBER 25, 2019

Digital cost management solutions enable construction companies to automate key aspects of spending, such as developing estimates and calculating projects’ overall budgets. They can also use such offerings to gain a deeper understanding of labor and supply costs, taxes and overall profit margins. Ease of use was the No.

Instant Payments

PYMNTS

SEPTEMBER 20, 2019

The Playbook’s Deep Dive digs into how cost management solutions are enabling SMB in the construction sector to quickly issue wages and prevent workers from incurring out-of-pocket expenses and enduring a lengthy reimbursement process. Empowering Solar Technicians With Spend Cards. Things are also looking bright for the U.S.

Legal

PYMNTS

MARCH 15, 2017

Two-thirds say they already increased their use of data metrics to evaluate procurement processes last year, but 82 percent said they are still unhappy with the level of visibility their current data analytic solutions provide them.

Cybersecurity

PYMNTS

MARCH 30, 2018

The company provides a B2B service to help the enterprise deploy various back-office processes without IT support by using its cloud platform. The investment will be used to expand its API platform as well as its connector ecosystem, while Kloudless also plans to roll out new solutions to automate the integration process. B2B Payments.

B2B

Stax

NOVEMBER 29, 2023

In the United States, 41% of small business owners manage their own accounting and financial processes. Sustained success in this middle ground requires mastering the nuances of financial management, beginning with the profit and loss (P&L) statement.

Small Business

The Fintech Times

DECEMBER 14, 2023

The emergence of regulated digital assets and programmable money has completely uprooted how money is processed. “All of this increases costs, management complexity and also limits the products and services which can be accessed by the majority of businesses and especially, for those operating globally.

Economy

The Fintech Times

JUNE 12, 2024

They also noted the need for effective cost management, agility and compliance. “Usually when horror stories happen, it’s because the company, the processes, people and culture allow the mistakes to happen. Treacy said: “One of your only roles as a leader within a business is prioritisation.

FinTech