Vendors Love Getting Paid by SparcPay

Vendors Love Getting Paid by SparcPay

Vendors getting paid by cheque “The cheque’s in the mail.” Who in accounts receivable hasn’t heard that threadbare line? And why is it uttered so often by clients to vendors seeking to square up accounts? There are a few reasons: Clients haven’t actually paid and are...
Virtual Approval—Anytime, Anywhere, Any Device

Virtual Approval—Anytime, Anywhere, Any Device

Here’s a staggering stat for you: In North America each year businesses lose over $75 billion to payment friction. A good chunk of this friction is generated by the processing of invoices using conventional analog accounts payable methods. According to industry...
Goodbye Cheques, Hello SparcPay!

Goodbye Cheques, Hello SparcPay!

Disadvantages of cheques Many organizations would be surprised—possibly even shocked—to know just how much time its employees spend each month writing, processing, sending and verifying cheques. Time is spent loading the printer with cheque stock, printing the...