Cash Application

Those involved with international payments should be familiar with the payment methods used. Letter of Credit (LC) An LC, a common form of international payment, is fairly simple. The customer… Read More

Imagine your growing business just made a six-figure sale to a company across the country. The problem? The buyer has 60 days to pay, but your cash flow is limited, meaning you can’t afford the… Read More

With exports by U.S. companies continuing to hit new records, more credit pros than ever are navigating the often tricky waters of international credit. Especially in emerging markets or with new… Read More

AR and credit managers whose organizations accept payments in multiple currencies can find it a constant struggle to deal with wildly fluctuating exchange rates. The good news is that there are steps

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What should you do when a check is returned for non-sufficient funds (NSF)?According to conversations with attorneys and credit industry professionals, it's important to be knowledgeable about the

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Each state has its own laws governing various aspects of bad check collection, including service fees that can be charged. The table below provides links to each state's bad check codes, statutes and

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Started almost forty years ago The Electronic Payments Association, aka NACHA, formed to create standardized rules for the use of Automated Clearing House (ACH) payments. Today NACHA is known

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The customer is always right, especially when the customer is actually cutting a check. But what if cutting the physical check is actually costing you both money? When it comes to… Read More

In his webinar, A Business Guide to RDC , John Leekley, CEO and co-founder of RemoteDepositCapture.com, provides an example of how an RDC solution can save your company money. Leekley says to start

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For AR and credit managers, automating Accounts Receivable (AR) processes has emerged as a key goal in order to control and accelerate the cash conversion cycle. One step in driving this process

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