Woman Handing a Check

Is Direct Deposit Safe? How Fast Is It?

Whether you’ve been an employee of a company that offers direct deposit or an organization considering direct deposit as a payment option, the handling and transferring of sensitive personal and banking information can cause concern. One of the most common questions employers ask when considering financing and payment methods revolve around a simple concept – […]

Piggy Bank

The Advantages of Direct Deposit as Opposed to Paper Checks

Do you have questions about sending payments for your business? Then it’s time to take a closer look at paper check vs direct deposit options. While you have likely heard of both choices, when making a decision for your business, it’s important to really break down how they work before you start the process.  Below, […]


What Is Bpo? Business Process Outsourcing Meaning and Examples

Running a business involves a lot of moving parts. There are a number of different operational processes required to keep things running smoothly every day. It can be too much for you to manage yourself. There are certain things that you must handle internally, but there are other things that could be managed by a […]

What Is the ACH Payment Method and How Does It Work

What Is the ACH Payment Method and How Does It Work?

If you’re a businessman or a bank clerk, and your standard day involves a lot of transactions, you might be familiar with the ACH payment system. However, not everyone knows what it is or how it works. The majority of people have never even heard about it.  The fact is that it’s essential for every […]

What Is a Profit and Loss Statement and How to Outsource It

What Is a Profit and Loss Statement and How to Outsource It?

Leading a successful business means that you know your way around the market and investments. Knowing how and when to sell your product can make a difference between successful and unsuccessful companies. But no matter how confident you are in the business model, you’ll still need some proof.  Profit and loss statement provides insight into […]

Pros and Cons of Account’s Payable Outsourcing

Pros and Cons of Account’s Payable Outsourcing

Depending on what you’re trying to achieve, you’ll either want to get an account payable audit directly from a company or via their software. Obviously, there are advantages to auditing and outsourcing, but also a couple of downsides.  To pick the one you need, you’ll have to get familiar with the pros and cons of […]

How to File Federal Income Taxes for Small Businesses

How to File Federal Income Taxes for Small Businesses

If you’re a small business owner, there are a lot of things to think about during the year, including annual taxes. You might already be familiar with the process of small business tax preparation and execution, but it’s good to revise sometimes.  Filing federal income taxes for small businesses can be done in a few […]

Online payment

What is an eCheck? All About Electronic Check Payment

Making payments electronically is one of technology’s future gifts we can enjoy in the present day. In fact, most people already utilize electronic payment systems without knowing it. Gym memberships, for example, are often referred to as automated payments but really, they’re fulfilled via electronic checks.  While eChecks are easy to use and understand, there’s […]

Deposit Check with Cell phone

The History of RDC – Remote Deposit Capture

The establishment of the Clearing for the 21st Century Act, widely known as Check 21 Act has, as we have previously noted, summoned a variety of conveniences in America’s everyday money-moving. The very process of banking institutions’ mutual check clearing started relying significantly on electronic, as opposed to standard, physical check copies. However, this method […]