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13 Best Practices for Accounts Receivable

EBizCharge

This article will help set your business up for success by explaining AR, why it’s important, and best practices for optimizing your receivables. Since it’s apparent how vital proper AR management is for financial stability, the following section provides best practices to help your company transform its receivables.

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Mastering Petty Cash Reconciliation: Best Practices and Automation

Nanonets

Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. Implementing robust controls and monitoring mechanisms is essential to mitigate the risk of fraud or misappropriation.

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Recurring Billing: Definition, How it Works, and Best Practices

Stax

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement.

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How To Prevent Data Breaches: 15 Best Practices

EBizCharge

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. 15 best practices to prevent data breaches Since data breaches can cause significant damage, businesses must be diligent and proactive to prevent, address, mitigate, and avoid these threats.

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Identity Risk Management: Strategic Approaches to Mitigate Risk

Seon

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. Employee training on identity risk management best practices strengthens organizational defenses.

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Securing Financial Transactions: Best Practices Amidst Cyberattacks on Payment Processors

Segpay

SMBs also fall victim to cyber criminals, as many lack the resources and knowledge to set up threat mitigation strategies, leaving them vulnerable to attacks. In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. The Travelex ransomware attack. million ransom.

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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. But some data types see higher breach rates than others.