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Strategies for Third Party Risk Management

Nexa Collect

Trusting someone can be as difficult and risky in business as it is in our personal lives. Regrettably, overreliance on others without a system of checks and balances may lead a business to fail in spite of good intentions. Why is managing third party relationships important? Why is managing third party relationships important?

Lawyers 130
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Luxury Candle maker goes bust with huge unpaid business debts

UK debt collections

A luxury candle and diffuser maker who supplied the likes of Harrods has gone bust due unpaid business debts. A spokesperson for Luxus Home Fragrance said the business had a very good 2021 with a £1.8m It was even decided the business needed larger premises and it moved at the end of 2021. Many Businesses owed money.

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How to Use QR Code Payments for Your Business

PDC Flow

Many businesses have started to adopt QR codes to make paying easier for their customers. Since the pandemic began, QR code payment usage has climbed, giving people a simple, fast way to access information or take action. QR code payments are good for more than just retail environments. What is a QR Code? Why Use QR Codes?

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From Checks to B2B ACH: The Digital Shift

PDC Flow

By eliminating the hurdles of traditional payment methods, business-to-business Automated Clearing House (B2B ACH) payments create a swift, secure way to navigate modern business operations. Why Business to Business ACH Transactions? As a result, both payers and payees experience quicker access to funds.

Banks 78
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Noncompete Agreements: The FTC’s Proposed Rule and What It Means for Employers

Jimerson Firm

This blog post provides an overview of the proposed rule and a status update incorporating recent press releases from the FTC. 57b-1(a)(6)—a definition of “person” that covers nearly every feasible type of individual or entity) that hires or contracts with a worker to work for the person.” § 910.1(c). What the rule requires.

Trade 52
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Innovative Payments for Subscription Services

Payment Savvy

Below we will analyze how a subscription merchant account can assist with business growth. There are two kinds of businesses that can benefit from a subscription service merchant account. There are also businesses selling physical products on a recurring aspect. Who Can Benefit from a Subscription Merchant Account?

Banks 52
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Money Management Tips for Every Stage of the Business Lifecycle

PDC Flow

No matter where your organization falls in the business lifecycle, managing the financial health of your company will always be crucial for success. In fact, issues with cash flow are the leading cause of business failure. In this guide, we will walk through some of the best ways to save, raise, and manage your business finances.

Loans 75