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Is ACH Safe? Are ACH Payments Safe Compared to other Methods?

Fidesic blog

ACH payments are a safe way to pay vendor invoices and employee payroll. billion transactions in 2020 (a 8.2% According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. ACH remains the preferred payment method for accounts payable departments to pay their vendors. ACH payments grew to 26.8

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How CommBank and Waddle, from Xero, are unlocking cash in unpaid invoices to help small business grow

Xero

In June 2021, CommBank developed Stream Working Capital in partnership with Waddle to give businesses access to funds using their outstanding invoices as loan security. The cash conversion cycle – the time it takes to convert investments in inventory into cash – has increased from 55 days in 2020 to more than 100 days in 2022.

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How apps can make it simple to take climate action in your business

Xero

A 2020 study from IBM found that 6 in 10 consumers are willing to change their purchasing habits to reduce their impact on the environment. At the start of 2020, global sustainable investment reached USD $35.5 Attract customers. Attract investors. CarbonInvoice. CarbonTrail.

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Cash flow crunch: The red flags impacting small business cash flow

Xero

Expenses were 14 percent higher in 2021 than in 2020 in Australia and New Zealand, and 18 percent higher in the United Kingdom. Use digital solutions to stay on top of expenses and revenue: Implement technology-based solutions such as online invoice payments and eInvoicing. And, the effects are already being felt.

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Latest product news — July 2022

Xero

Update overdue bills and invoices in short-term cash flow — Global. In the weeks ahead, you’ll be able to change the planned and expected dates of overdue bills and invoices in bulk within Xero Analytics and Xero Analytics Plus. This automates more manual tasks, giving you back more time in your day.

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Business apps: Everything you need to know

Xero

Business apps are designed to help run your business, by assisting with common challenges such as invoicing , payroll , time tracking , reporting and inventory management. during 2020, while those without apps saw a decline of 3.4%. . An app – or ‘application’ – is a type of software created to solve a specific need.

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Building your accounts payable e-invoicing strategy

Cevinio

Building your accounts payable e-invoicing strategy Developing an e-invoicing strategy not only brings you closer to embracing digital transformation but is also essential for businesses aiming to stay competitive; it has transitioned from an option to a strategic imperative.