cash flow

Efficient Strategies for Addressing the Silent Revenue Killer: Inefficient Collections Process

Inefficient collections processes can be a silent revenue killer for businesses. When customers fail to pay their bills on time, it can lead to cash flow problems and ultimately impact the bottom line. However, there are strategies that businesses can implement to address this issue and improve their collections process.1. Establish clear payment terms and policiesOne of the most effective ways to improve collections is to establish clear payment terms and policies. This includes setting due dates for invoices, outlining consequences for late payments, and providing multiple payment options. By

Sales Management Tools: Understanding Clawbacks and Tracking-to-Cash for Effective Implementation

Sales management is a critical aspect of any business that aims to achieve success. It involves various processes, including tracking sales, managing sales teams, and monitoring sales performance. To achieve this, businesses need to use sales management tools that help them track sales and manage their sales teams effectively. Two essential sales management tools are clawbacks and tracking-to-cash.Clawbacks refer to the process of recovering commissions or bonuses paid to salespeople if the sale they made is later canceled or returned. This tool is essential because it ensures that salespeople are

Shift in Fundraising: Europe Tech Startups Double Debt Financing

In recent years, there has been a shift in fundraising strategies for European tech startups. While equity financing has traditionally been the go-to option for startups seeking funding, there has been a significant increase in the use of debt financing. According to a report by Dealroom, the amount of debt financing raised by European tech startups has more than doubled in the past five years, from €1.4 billion in 2015 to €3.2 billion in 2020.So, what is debt financing, and why are more startups turning to this option? Debt financing

Qolo, the provider of omnichannel payments, forms a partnership with PayQuicker.

Qolo, a leading provider of omnichannel payments, has recently announced its partnership with PayQuicker, a payment solutions provider. This collaboration is aimed at providing businesses with a more efficient and streamlined payment process.Qolo's platform enables businesses to accept payments from multiple channels, including credit cards, bank transfers, and digital wallets. With this partnership, PayQuicker's payment solutions will be integrated into Qolo's platform, allowing businesses to access a wider range of payment options.The partnership will also provide businesses with faster and more secure payment processing. PayQuicker's payment solutions are designed to

Medius Offers Automation and Global Payment Solutions for Businesses

In today’s digital world, businesses need to stay ahead of the competition by leveraging the latest technologies. Medius is a leading provider of automation and global payment solutions for businesses of all sizes. With Medius, businesses can streamline their payment processes, reduce costs, and increase efficiency. Medius offers a comprehensive suite of automation and global payment solutions that enable businesses to automate their payment processes and manage their finances more effectively. The Medius platform provides a single point of access to a variety of payment methods, including credit cards, ACH

Medius Offers Automated AP and Global Payment Solutions

Medius is a leading provider of automated accounts payable (AP) and global payment solutions. Their innovative technology helps businesses streamline their financial processes, reduce costs, and increase efficiency. Medius’ automated AP solutions are designed to help businesses manage their accounts payable processes more efficiently. By automating the process, businesses can save time and money by eliminating manual data entry and reducing errors. The system is also designed to help businesses manage their cash flow more effectively, as well as reduce the risk of fraud. Medius’ global payment solutions are designed