Hospitality

Managing financial transactions and reconciling accounts can be time-consuming and overwhelming for business owners. 51% of companies use automated processes to reconcile their accounts. Switching to automation can be a game-changer for businesses looking to save time and resources. Businesses can reduce manual reconciliation by up to 70%. This translates into fewer errors and increased accuracy. Automating […]

In recent years, the role of credit managers has evolved from a traditional debt collection focus to a more strategic revenue management focus. This shift requires credit managers to oversee end-to-end global processes and manage the stakeholders involved at each stage of those processes, including extending collaborative relationships with the sales department and customers. To […]

America is increasingly going cashless. Seven years ago, the number of cashless U.S. adults represented just a quarter of those polled by the Pew Research Center. Today, that number stands at 40%. Consumers have cleared out the bills from their pockets and moved to plastic or the increasingly popular digital wallets such as Apple Pay and […]