Remove Communication Remove Forecasting Remove Payment Solutions Remove Stax
article thumbnail

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

Stax

Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. The software allows managers to view and modify work schedules, orders, inventory, invoices, customer account records, and other records in the database.

article thumbnail

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

Stax

Although your business has received payment, this cannot be credited to your bottom line until delivery of the product is completed. This is important for subscription businesses due to recurring advance payments. Insurance policies or service contracts where payment is taken upfront, as this represents a long-term liability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Recurring Billing: Definition, How it Works, and Best Practices

Stax

For businesses offering subscriptions, memberships, retainers, and other recurring services, recurring billing is a powerful solution to streamline processes and ultimately enhance revenue generation. Mobile apps make up 53%, and the SaaS market is worth $152 billion. Mobile apps make up 53%, and the SaaS market is worth $152 billion.

article thumbnail

Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. And electronic payments were at 14.2%, closing in on cash at 15.5%. Credit card and debit card payment processing fees apply to them all.

article thumbnail

Small Business Saturday Success Tips for 2023

Stax

Lay the groundwork Analyzing past sales data lets you forecast product or service demand during the event. Use different communication channels, such as social media, email, or in-store announcements so they won’t miss out. Now, you didn’t boost your SBS sales only to grapple with uncollected payments. Bundle deals.