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Unearned Revenue: What it is and What it Means for Subscription Businesses

Stax

Tickets purchased ahead of travel or events, as the revenue cannot be recognized until the actual offering has been redeemed i.e. a concert or a flight. Insurance policies or service contracts where payment is taken upfront, as this represents a long-term liability. Legal retainers. Advance rent payments.

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Small Business Saturday Success Tips for 2023

Stax

Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. The 13th annual event is set for November 25th this year. The 13th annual event is set for November 25th. Here’s everything to know about Small Business Saturday.

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FSM Software: 7 Growth Tips for Field Service Management Software Providers

Stax

Transportation, shipping, and delivery companies – Companies that deliver their goods to their customers or move inventories from one store to another need FSM to track the movement of their personnel, streamline communication, optimize travel routes, and minimize long-term costs. Stax Connect ticks all of these boxes.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

Pop-Up Shops and Event Vendors Pop-up shops, temporary retail spaces, and event vendors thrive on flexibility and spontaneity. Stax, for instance, offers fully transparent pricing and a wide range of capabilities able to accommodate your business’s needs now and as it grows. Q: Can you take card payments without a card reader?

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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

As well as identifying inefficiencies in payment processing or customer communications, DSO is a key financial benchmark to assess liquidity and the state of accounts receivable. Case in point: Stax Bill , a recurring billing and subscription management platform that automates payments.

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Law Practice Management Software Providers, Here are 8 Tips to Grow Your Business

Stax

Law firms need management systems to handle their complex billing issues, client communications, and portals. Because we are in a modern age of technology, many law firms are already equipped with some kind of management software, whether for billing or client communication. This is where Stax Connect comes in.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Businesses must ensure clear communication with customers regarding any surcharges. Explore CardX by Stax for a smart surcharging solution today.