It’s essential that your payables solution is not only suitable for you and your partners today but also as you change, grow, and mature. See how you can eliminate financial risk by recognizing these four signs.
Unicorn Hunting A ‘unicorn’ is a term used in the business world to describe a privately owned startup that is worth more than $1 billion, including the likes of Airbnb, Roblox, and, as of this month, Tipalti, after reaching a valuation of more than $2 billion. While millions of startups spring up each year, only
The financial close process is a recurring system in which an accounting team verifies and adjusts account balances at the end of a designated period and before the accounting cycle closes. It starts with documenting the journal entry for each transaction and ends with preparing data for the next period.
Stripe offers a large selection of online and point-of-sale payment solutions, while WePay’s products and services are more limited in scope and mostly targeted towards online payments; although the company has recently rolled out POS support. WePay is slightly cheaper for card-not-present transactions; its fee is 2.9% + $0.25, while Stripe charges 2.9% + $0.30.
QuickBooks Online, with its QuickBooks Payments option, uses Intuit Merchant Services for customer credit card processing services, and efficiently receives credit card payments. QuickBooks credit card processing includes customer payment links when invoicing, depositing cash receipts from payments into the user’s merchant account daily, and automatically recording the credit card transactions.