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Understanding Payment Processing Costs in Acumatica and How You Can Save

EBizCharge

As companies transition to online payment platforms, the complexities of payment processing costs can often lead to unexpected expenses that eat into margins. Understanding these costs empowers businesses to make smarter financial decisions.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. Checks can bounce, and cash can get lost.

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Navigate Dual Pricing: A Practical Approach to Lower Processing Fees

EBizCharge

Understanding dual pricing is crucial for merchants and consumers, as it can offer cost savings and valuable financial insights. For businesses, it provides a legal way to manage the hefty credit card processing costs and maintain competitive pricing for cash-paying customers.

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9 Ways to Automate Payment Collections for Your Business

EBizCharge

Tools like AR automation can streamline these operations. This article will explore the benefits of collections automation, including how it can improve cash flow and overall efficiency for businesses. When businesses automate payment collection processes, they can significantly enhance their cash flow and overall financial health.

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What is Accounts Payable (AP) Automation?

Nanonets

Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others. Instead of manually handling invoices, checking them, and making payments, AP automation uses software to do these tasks more quickly, accurately, and with less human effort.

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How To Integrate a Payment Gateway into Sage Software

EBizCharge

Integrating a payment gateway into Sage software offers several business benefits, including better payment processing, cash flow, security, and more. Enhanced cash flow management: Integrating a gateway into Sage enables real-time processing of credit and debit card payments, helping merchants collect outstanding invoices faster.

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4 Steps to Automate your Procurement Process

Nanonets

Automation has become a cheat code in recent years, with each business function improving efficiency and moving away from manual, repetitive roles to more strategic roles. Imagine a world where your procurement process runs like a well-oiled machine—no more delays, no more errors, and no more endless paperwork.