2020 took its toll on CFOs, but there’s light on the horizon
Whether you are a CFO for a large company or an SMB owner managing your own financials, we are exploring the next normal and sharing a few insights to help you succeed in a post COVID-economy.
3 Ways to make ACH payments safe for payer and vendor
How safe are ACH payments? According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. That is a high level of safety by any standard, but let's unpack hos secure ACH is.
How they Work and Which is Better
Both ACH and wire transfers move funds from one bank account to another, but there are key differences. Let’s start with defining each and then we will compare ACH vs. Wire transfers.
Payments Fraud by the Numbers and How to Prevent It
About 81% of organizations were targets of payments fraud in 2019. We will take a look at some of the ways in which accounts payable automation software can enables payments fraud prevention and we will look at a few payments fraud statistics of interest.
The easy way to feel secure about your check security.
Payments fraud is on the rise and check fraud continues to be one of the main types of payments fraud. The good news is you can act to protect your business using Positive Pay. Positive Pay is a critical tool to protect your business and minimize the financial impact and liability of fraud on the company.
How to avoid manual ACH file Uploads to your Banking Portal
Odds are you have probably heard of ACH, but not all ACH services are equal and there is a big distinction between direct and indirect. For accounting decision makers, the ability to pay vendors directly through direct ACH services is a competitive advantage for accounts payables. So, let’s take a look at how direct ACH Transmission works…