Posts Categorized: Credit Card Reconciliation

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July 7, 2018
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The Antidote for Healthcare Accounting Technology

From facility check-in to check-out, patients fill out numerous forms and documents with their private information; many parts of this process are disjointed and spread across multiple departments. And though the healthcare accounting process is much more complex than matching credit card payments, there are some simple solutions that can provide an easy antidote for...

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June 12, 2018
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What the History of Credit Cards Can Teach Us About Cloud Security Issues

According to Gartner, the Cloud will be the default option for software deployments by 2020. Despite this movement, many companies still hold many preconceptions surrounding cloud security issues. While change can be concerning and feel unpredictable, especially when it involves financial security, it’s interesting to note that the history of how credit card technology has...

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Credit Card Reconciliation
June 8, 2018
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Why Ongoing Growth in the Sports Industry Could Be Disastrous for Its Credit Card Reconciliation Process

By 2019, the North American sports industry is expected to reach $73.5 Billion in revenue[1], and similar growth is also being seen in several other geographies. With an over 20% increase in revenue from 2013 to 2018, this is an unprecedented increase the likes of which have not been seen since the industry took a...

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April 24, 2018
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Your ERP Can’t Do It All

As long as a train is moving forward, it’s hard to tell if it could be moving faster. The same could be said for your company’s financial close process. With constant deadlines, controls and activities to juggle, the close process is one train car after another. If you’re managing your close inside your ERP simply...

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Credit Card Reconciliation
April 16, 2018
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5 Steps for Improving Your Credit Card Reconciliation Process

Seldom would a company consider an increase in sales to be a problem, but every sale translates into a transaction that needs to be properly reconciled. If the amount of transactions increases faster than your accounting team’s ability to handle them accurately, then your company could face a loss of consumer and investor confidence as...

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April 9, 2018
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Simplified Reconciliations You Can Bank On

Headquartered in St. Paul, Minnesota within the national Farm Credit System, AgriBank assists some 238,000 borrowers; it lends money to farmers, ranchers, agribusinesses and rural homeowners, while also providing risk management and retail banking services. Serving a 15-state region extending from Wyoming to Ohio and Minnesota to Arkansas means that AgriBank must successfully complete a...

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Credit Card Reconciliation
April 4, 2018
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Credit Card Reconciliation – Has Your Reconciliation Process Kept up with Payment Trends?

According to the Federal Reserve, since the early 2000s, using checks as a form of payment has declined from being the primary non-cash payment method to the last form of payment people choose to use, accounting for around 12% of all transactions[1]. Debit and credit cards have become the predominant form of payment across all...

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