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Brianna Blaney

Affiliate Software

Affiliate software programs expand your marketing channels and streamline sales efforts. Affiliate networks are closely related to sales teams because they are commission-based. These individuals and groups are support teams working towards the same goal.

Purchase Requisition vs Purchase Order

The PO process will also keep your orders and invoices in check. It makes it easy to identify which products are coming in at any time and aids inventory management. If you have repeat orders, it helps to sort invoicing down the road.

Outsourcing, Gig economy, Freelance

According to Intuit, in 2016, the percentage of Americans in the gig economy was 34%. It is expected to grow to 43% by this year. But, not every situation is suited for outsourcing. Sometimes you need people in-house. There are pros and cons to both situations.

Document Capture Software

In many cases, this searchability aspect is what makes an electronic document management system so valuable to a business. The ability to instantly recall an important file is critical to streamlining business processes and workflow automation.

Contingent Workforce Payments

Contingent workers are not on a company’s payroll and receive payment in a different fashion than normal staff. Understanding how to pay these workers now means less of a financial headache down the road.

Cloud Document Management

An electronic document management system (EDMS) scans paperwork and creates digital documents that can be stored, archived, revised, shared, etc. It decreases error and ensures a formidable audit trail. The lifecycle of a document is infinite in a digital space.

What It Takes to be a Freelancer in 2023

It’s 2022. Time to start doing what you’ve always wanted to do!
If that’s freelancing, then hold your horses. Although 77% of full-time freelancers believe they have a better work-life balance since going solo, a freelance career can be very challenging.

International EFT

EFTs are regulated by the Electronic Funds Transfer Act (EFTA) which lays out the liabilities and rights for electronic funds transfers. According to the United States EFTA of 1978, the official definition of an EFT payment is:

Cloud Based Accounts Payable

When an account payable is paid, AP will be debited and Cash will be credited. This expense management means the credit balance in AP should always be equal to the total amount of vendor invoices recorded (but have not yet been paid). 

Affiliate Program Management

Affiliate program management is the development, management, and measurement of your affiliate marketing strategies. Whether you run your program through affiliate networking or in-house, a program manager is necessary to oversee operations.

What is a Requisition Order

The PO process will also keep your orders and invoices in check. It makes it easy to identify which products are coming in at any time and aids inventory management. If you have repeat orders, it helps to sort invoicing down the road.

What is a Document Management Workflow?

There are many brands on the market for a DMS. SharePoint is a popular platform that integrates with MS Office. It’s highly configurable with varying usage. You can manage, store, share, and access your documents from any device (including mobile).

Affiliate Marketing Management

While affiliate marketing focuses on just the affiliates, affiliate management focuses on the merchant’s affiliate channel as a whole. The goal of affiliate management is to make sure the program is running smoothly and on track for business growth.

Electronic Payments

You will see electronic payments abbreviated in many ways like “epayment” or “e-payment” but it’s all the same. People use electronic payments because they want to make it easier to transfer money and buy things online. 

Bulk Payments

A bulk payment is a remittance to multiple beneficiaries from a single bank account. It shows as only one debit on your ledger for easier management. Bulk payment processing leads to faster payments and happier merchants. The most common way to send a bulk payment is with a bank wire transfer.

What is a PayFac? (Payment Facilitator)

If the aggregation model does not fit your business, you may want to consider a payment processing partnership. This system transfers the inherent PayFac risks to a third party, while still offering an opportunity to generate revenue.

NetSuite Bank Integration

In a new era of banking, NetSuite has launched banking as a service to increase operational efficiency and cost savings. It’s a unique open banking approach to help NetSuite customers streamline financial services and improve bank relationships.

NetSuite Document Management

One of NetSuite‘s key business processes is a document management system. The tool enables you to add reference documents to any record to simplify your audit trail. This facilitates year-end accounting and helps to organize files.

Automated Invoice Processing

A digital invoice is a component of workflow automation. Technology is redefining business processes and this includes invoice management, from arrival to post. A company can accelerate the payable process by taking advantage of automation. 

Paypal Wire Transfer

If you fund a wire transfer from PayPal (or to PayPal) using a credit card, debit card, or PayPal credit, your fees increase. The cost, in this case, ranges from 3.4%-3.9% of the total transaction amount, plus a small fixed fee (depending on the currency involved).

NetSuite Import Transactions

Each of these import options will create different record types (with an internal ID), but the data remains the same. Here are a few tips and tricks to get the most mileage out of your user interface and NetSuite import transactions today:

Payment Aggregator

The payment aggregator model is a cost-effective and efficient approach for a large volume of smaller transactions. This is why they work well for a marketplace. It provides a boost for e-wallet and credit or debit card processing with minimal fees or fixed costs. 

PO Flip

A purchase order flip happens when a PO invoice is created digitally. Every line level of the purchase order is received electronically and the data is used to generate e-invoicing. The PO information is transferred in real-time through the system and ends up as an electronic invoice.

QuickBooks Add-Ons

QuickBooks is an intuitive accounting software platform that finance professionals swear by. The program has been the hero in many situations and environments. Formerly called Intuit QuickBooks, it’s mainly geared toward small business systems with cloud-based capabilities.

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