How to Improve Group Home Care By Getting Rid of Cash and Paper

People have been talking about paperless offices since the 1980s. Back then, it simply meant replacing printed budgets, reports, and communications with computer files. Today, it’s everything from e-signing documents to real-time, work-from-anywhere collaboration. This is how an organization landed a modern, paperless accounting workflow… when the only paper they set out to replace was…

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The Driving Forces Behind the Explosive Growth In Virtual Cards

It’s been said that the Covid-19 lockdowns compressed five years of digital transformation into one. This happened by need, not choice. Just about every manual process in every industry needed a digital update.  In finance departments, the need proved particularly acute. Sixty-two percent of finance professionals reported that the shift to remote work led to…

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How to Combat Mail and Check Fraud with PEX Virtual Vendor Cards

“The check is in the mail.” Famously, one of the big lies in business, it’s now one of the biggest risks. According to the Federal Reserve “Reports of check fraud have almost doubled from 2021 to 2022, 680,000 cases in 2022, and 350,000 in 2021.” Similarly, 2021 saw roughly 300,000 complaints of mail theft, more…

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Digital Wallets and Virtual Cards: Contactless and Cardless Payments On the Go

Global demand for contactless payments rapidly grown last year due to the rising concerns of COVID-19. The pandemic has also led to a surge in e-commerce and accelerated digital transformation around secure online payments. Now with traveling becoming prevalent and offices beginning to open up, it may be time to shift to contactless payments where…

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What to Do When Customers Drag Their Feet on Invoicing

If you're running a small business, chances are you're waiting for at least some of your invoices to be paid. According to a recent study, 64 percent of SMBs are affected by late payments that put their financial stability at risk. But why is this such a huge problem and how can SMBs protect themselves?…

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