What’s the value of a modern payment portal with no end-user adoption? The answer is – not a whole lot. Adoption is the key to success. In this blog we give you our top 4 pieces of advice for driving adoption of your new payment solution.
What options are there for suppliers who wish to maximize the benefits of traditional COD, without sacrificing anything from their current collections process? Enter ‘Electronic Cash on Delivery’, or eCOD.
COD is a valuable payment acceptance method for some suppliers but as this year’s call to work remotely, or to be socially distant if you do have to work on premises has taught us, providing payment at time of delivery isn’t always safe and it isn’t always possible.
Understanding internal systems processes is not easy. Most organizations today have complex structures in place, each with several processes for their varying business units which makes managing and tracking movement within a company incredibly demanding.
As mentioned in our last blog, choosing the right SaaS solution to transform your accounts receivable and finance function requires more than a comparison of features and prices. When changing a part of your business that impacts the three most important areas – people, cash, customers – organizations need to choose a vendor that is […]
Change is the one thing that you can count on in today’s world. Whether your organization is pursuing change actively or is being forced to change due to external factors, with changes always taking place, businesses don’t have the option to stand still and survive. This means that processes, strategies, and systems in your workplace […]
Buyers’ expectations around what makes a good customer experience has undergone significant transformation in recent years. In today’s world, we expect things to be easy to use, and to receive things how and when we want them.
The End of Economic Prosperity As reported by the International Monetary Fund, the United States is now in the worst economic downturn since the Great Depression. Unemployment, retail sales, economic output and industrial production are all at record numbers. In this time, it is critical for organizations to recognize the severity of the current situation, […]
The present economic environment is leading organizations around the world to make stark realizations about their current business processes. Of particular concern, business leaders are learning how unsustainable traditional payment methods like checks and lockboxes can be, and they are looking for new ways to enhance or replace their existing systems to bring continuity to […]
The current global environment has turned ordinary business on its head, forcing companies to come up with creative solutions to adapt to the rapidly evolving and uncertain economic climate. For those businesses that rely on a manual collections process, this puts a wrench in an already tedious and time-consuming undertaking. With remote work expected to […]