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How to Effectively Manage Short Payments: Strategies, Best Practices, and Solutions

EBizCharge

Here’s a list of the six steps to write a short payment: Begin with a formal greeting: Address the recipient professionally by name or business name. Reference invoice details: Specify the invoice number and the original payment amount. Regularly review AR processes: Keep AR processes aligned with industry standards.

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

Stax

In this article, we’ll unpack the complexities of recurring billing for businesses operating or transitioning to a recurring billing payment option. Best Practices for Implementing Recurring Billing Now that we’ve discussed the fundamentals of recurring billing, let’s talk about how you can implement it successfully.