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How to Find the Best SaaS Billing Platform: A Complete Guide

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Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. They must engineer a well-rounded solution that makes handling subscriptions a breeze (and yes, it is as hard as it sounds). However, only 10% of them currently employ these models.

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Would My Business Benefit From Using A Contactless Virtual Terminal?

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These businesses often conduct most of their business over the phone, submit electronic invoices, or have recurring monthly membership services fees. Virtual credit card processing terminals provide several up-to-the-minute security features, keeping your customers’ financial information safe.

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

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In an ideal world, all customers would pay an invoice the moment they receive it. But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business.

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

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For businesses offering subscriptions, memberships, retainers, and other recurring services, recurring billing is a powerful solution to streamline processes and ultimately enhance revenue generation. Consider this: Consumers are already conditioned to the subscription model. Learn More What is Recurring Billing?

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What is an ACH Deposit and How Does It Work?

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TL;DR Nearly 93% of Americans receive payments through direct deposit; Automated Clearing House makes it simpler for employers to manage funds without handing out physical checks or dealing with pesky extra fees. It can be broken up into four manageable steps. ACH transfers don’t come with high fees and transactions.

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

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Mobile credit card processing enables them to collect same-day payments on the spot, eliminating the hassle of invoicing or waiting for checks. This not only improves cash flow but also enhances customer satisfaction by offering convenient payment options.

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What Every ISV and SaaS Company Needs to Know When Switching to a New Payments Partner

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Innovative ISVs and SaaS companies know that one of the best ways to provide value to merchants—while improving your bottom line—is to provide integrated payments. For example, if you’re an invoicing software provider that lets SMBs manage their billing, then it makes sense to add payment processing tools to your platform.