When a business sells goods or offers its services to large clients, such as retailers or wholesalers, it’s usually paid via credit. This process means that the customer doesn’t have to pay for the goods
What is the first thing that’s on your mind when you hear the word, “payroll”? Many business owners tend to associate it with issuing paychecks to their employees. However, that’s only one aspect of payroll.
When it comes to online invoicing, the electronic mail – otherwise known as email – plays an integral part in the process. Gmail, in particular, is the biggest and most used email platform. Whether you’re
As a freelancer – or any professional for that matter – there’s nothing worse than waiting for your clients to pay their invoice. We can all agree that it’s one of the most taxing moments
As a web designer, your main goal is to craft beautiful designs for your clients’ websites. Value and dedication are the name of the game in your field. But did you know that you also
When you’re processing payroll for your employees vs. yourself, choosing the appropriate business model is vital to reducing the amount of taxes you’ll have to pay. Determining when and how much to pay will help
In the business world, it’s common to refer to any chargeback that isn’t true fraud as ‘friendly fraud.’ However, for merchants like to your benefit, you need to distinguish one from the other. While they
When it comes to online payments, no other platform comes close to the effectiveness and convenience of PayPal. The biggest payment provider in the world, PayPal has helped millions of tradespeople, professionals, freelancers, and businesses
There are many aspects of business that needs consideration. One of which is invoice discounting. You may or may not have heard about this term. Either way, you’re going to learn all about it in
If you have done accounting for your business, you might have heard about accounts payable and accounts receivable. In most cases, you might have also gone through the confusion of mistaking one for the other.
Today’s hyper-competitive market has taught us two things. One, your customers have a multitude of options when choosing a service provider. Two, they are more than likely to choose and stay loyal with a business
What is a Progress Invoice? A progress invoice, also known as progress billing, is a type of invoice that requests payment for work completed to date. It’s commonly prepared and submitted for payment at different
It’s 2020 – gone are the days of having to create your invoices via snail mail. Not only did this method slow down payment, but it also placed businesses at risk of not getting paid.
Customer Churn – the nemesis of subscription-based businesses. There’s nothing more frustrating than seeing your customers turn from your business and end their subscriptions. Fortunately, dunning has developed recently and has been the go-to solution
As a small business, it can be hard to compete and keep up with other bigger names in the industry. At the same time, small business owners also contend with a variety of different challenges
In running a business, there may be activities and transactions that feature terminologies that are quite confusing. However, the confusion shouldn’t stop or hinder daily business operations. Having a clear understanding of day-to-day business terms
With the current pandemic still raging on, many people are turning towards an alternative route to earn money: working from home. Online freelancing is a constantly-growing industry due to businesses growing reliant on the internet.
Long ago, subscription was a term most commonly associated with newspapers and magazines. But nowadays, you can now use subscription to get basically anything you want. From makeup, health counselling, and of toiletries, to even streaming videos online.
Many consumers realize that paying their bills and dues are more burdensome than before. That’s why if you want to provide your customer with an excellent way to manage cash flow and retain as much of them as you can, we suggest that you get to know more about installment billing.
Every enterprise faces a series of different challenges every day. From extreme corporate competition, constant innovations in technological assistance, to payment management and a steep invoicing process, managing an enterprise is always a tough task.
If you’re a merchant, issuer, or consumer, you might agree that one of the most confusing terms that you may have come across is “friendly fraud.” Just by looking at how both of these words are paired together can already raise a lot of eyebrows.
It’s time to get paid and enjoy the rewards of hard work! So you’ve sent your customers their monthly invoices. Soon enough, you’ll be collecting your hard-earned money through ACH payments, paper checks, e-Checks, wire transfers, and more.
Do you need to send or receive money? In most cases, an electronic transfer is an excellent, hassle-free option. Unlike mail, you can ensure that nothing gets lost in the process. The fund transfer will
Does your business require you to send recurring invoices to your clients regularly? Are you having a hard time tracking everything and creating an invoice manually? If so, then you should get familiar with automated invoicing.
Pool service is one of the most underrated yet absolutely crucial service providers in the industry; whether your customers are residential owners with pools in their backyards or five-star hotels trying to keep their guests
For merchants looking to grow their client base, build customer loyalty, and increase cash flow; subscription billing can be an effective and profitable payment tool. It has a lot of potential and upside that you
As a business, it’s essential for you to know the rate of customers or clients that you have. The customer is a vital piece to your business as they are one of the entities that are keeping your business afloat. That’s why you need to be mindful of the number of customers that you currently have, as well as the rate of employees that leave your company at a certain period.
Are you struggling to manage the billing for your rental properties? Are you looking to enter the property management industry to earn a profit? Either way, you will need to get familiar with a property
When it comes to SaaS pricing models, there are a few things that impact revenue quite like the pricing. That’s why many SaaS startups allocate at least six hours a day to define, test, and optimize their pricing strategy.
QuickBooks is a renowned and respected accounting software developed and marketed by American business and financial software company, Intuit. QuickBooks offers products that are geared towards small and medium-sized businesses. They also provide on-site accounting
There are only a few things in the world that are as frustrating as a credit card error. Just imagine the excitement that you feel about buying something that you wanted, and your credit card
It’s safe to say that the COVID-19 outbreak is like no other crisis faced by people and businesses all over the world. It’s still rampaging across the globe, and many business owners are starting to
Consumers love anything that’s tagged with the word “free.” It’s a stimulus that triggers whenever they see a product or offer that has that word in it. As business people, we need to make the
While rates vary by industry to some extent; in general, you can expect 10% of your customer’s credit card payments to get declined. In a card-present or retail setting, credit card declines can be unsettling.
As a business owner, you might feel like you hear these terms all the time. Or maybe you’ve heard the terms but weren’t really sure how or if they applied to your business.
When invoicing customers, speed is essential to get paid on time. Many small businesses waste time trying to chase down late payments, and avoiding this problem can be challenging. There are a number of things
Automate Invoices with ReliaBills & QuickBooks 2-Way Sync QuickBooks offers an excellent solution for creating invoices, tracking expenses and managing your overall company profitability. It’s no wonder that they are the #1 accounting software in
Never before has the threat of doing business online been so real. In the last 10 years, cyber-attacks have made the news outlets as, collectively, they have hacked Home Depot, Target, Chase and many more.