Remove 2017 Remove Accounts Payable Remove Deposits
article thumbnail

The Treasury Solutions You Can’t Live Without in 2018

AvidXchange

In AFP’s 2017 Payments Fraud and Control survey , FBI is warning companies about the most recent fraud attack on the rise: Business Email Compromise (BEC) scams. Treasury Management Systems are not one size fits all The 2017 Deloitte Global Corporate Survey focuses on the importance of a strong Treasury Management System (TMS).

article thumbnail

Electronic Payment Systems: The Complete Guide

AvidXchange

Invoices must be manually created, printed, and mailed; then you wait for the customer to open the envelope, enter the invoice into his or her own system, process the invoice, print a check, and mail it to your company; then your staff has to open the envelope, deposit the check, and match the payment to the outstanding invoice.

Billing 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Ways Consumer FinTech is Driving B2B Payments Innovation

AvidXchange

They’re leveraging EFT (Electronic Funds Transfer) payments with direct deposit and auto draft for subscription services. There’s an extra layer of security that payments are sent to the correct account with account verification processes. Buyers are well-adjusted in the ePayments world.

AP 40
article thumbnail

PPP loans over $150,000 to be made public

Cloud Accounting Podcast

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. Then, what they did is they turned it off.

article thumbnail

What Intuit, Xero, and Sage Earnings Say about Cloud Accounting

Cloud Accounting Podcast

By using Bill.com, accounting firms can free up more time for valuable strategic advisory services by helping clients shift their accounts payable process online. I know we've been thinking, oh, it's gonna be 2016, 2017. Blake Oliver: [00:17:20] Yeah. Is this finally the year? You said it. Blake Oliver: [00:26:36] Yes.

XERO 40