by a580a07f_admin | Jun 28, 2022 | Blog
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...
by a580a07f_admin | Jun 22, 2022 | Blog
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...
by a580a07f_admin | Jun 16, 2022 | Blog
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...
by a580a07f_admin | Jun 8, 2022 | Blog
Intuit is making a big push to transition QuickBooks users from desktop versions to the cloud-based QuickBooks Online. However, many accountants are loyal to QuickBooks Desktop – aka QBD – Intuit’s locally installed legacy accounting software. To...
by a580a07f_admin | May 31, 2022 | Blog
Grocery stores stock a myriad of goods from multiple suppliers, all of whom need to be paid—a process that, using conventional operating systems and manual processes, is time consuming and costly. The SparcPay app saves grocery stores time and money paying their...