The Finance Weekly

OCTOBER 1, 2024

Mastering variable expenses is key to accurate budgeting and strategic cost management. Differentiating Between Variable, Fixed, and Semi-Variable Costs Every business has a cost structure made up of fixed, variable, and semi-variable expenses. But why is this understanding so vital?

On-Demand 130

On-Demand Credit Cards Volume Cost Structure 130

EBizCharge

MAY 2, 2024

When customers pay with their credit cards, surcharging applies an additional fee that covers the specific cost associated with that transaction type. The surcharge cannot exceed the payment processing cost or legal limits set by state laws. Keep in mind: Surcharges must be disclosed to customers before payment.

Credit Cards 52

Credit Cards Process Processors Legal 52

Stax

MARCH 14, 2024

Surcharging means adding a small fee to credit card transactions to cover the cost of processing. While not all businesses can surcharge due to legal restrictions or customer preferences, for some, it can be an effective way to offset processing costs and keep more money in their pockets.

CRM 68

CRM Credit Cards On-Demand Product 68

Nanonets

DECEMBER 10, 2023

Increased Operational Efficiency: Automating document-centric workflows leads to faster processing times, allowing logistics companies to handle larger volumes of shipments more efficiently. Automated validation processes reduce the risk of non-compliance, avoiding potential legal issues and delays in the supply chain.

Automation 52

Automation Compliance SWIFT Process 52

Nanonets

MARCH 13, 2024

Some prominent use cases for OCR for invoices include: Retail : Retailers deal with a high volume of invoices from suppliers for products, services, and operational expenses. OCR helps automate the processing of these invoices, ensuring accurate recording of inventory costs, vendor payments, and expense management.

Payment APIs and Integration 52

Payment APIs and Integration Automation API Use Case 52

EBizCharge

JULY 8, 2024

This could mean adjusting pricing strategies, cutting unnecessary costs, or boosting investment in profitable areas. Regular P&L reviews are crucial for maintaining a sustainable balance between revenue growth and cost management. Profit and loss management also informs strategic planning.

Adjustments 52

Adjustments Accounts On-Demand Finance 52

Nanonets

JUNE 22, 2023

Cost management and fraud prevention Invoice reconciliation enables businesses to effectively manage costs and prevent fraudulent activities. This helps them stay compliant with legal obligations and be well-prepared for external audits or reviews.

Reconciliation 52

Reconciliation Audit Automation Correspondent 52