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Who is Melio? US payment provider that might become global because of Xero?

Melio helps with cashflow - give customers a payment link - Xero Courses from $20pw

Melio primarily competes with other accounts payable and payment automation platforms, including BILL (Bill.com), Tipalti, Stampli, and Coupa. 

These companies all help businesses with the approval process for paying suppliers or Accounts Payable.

It also faces competition from broader financial software companies like Ramp, Sage Intacct, and NetSuite. These organisations are in the accounting software space for mid-sized businesses?

So, why did Xero just buy them?

Continue reading Who is Melio? US payment provider that might become global because of Xero?
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Are Online Payments using PayPal and Stripe Right for Your Business Cashflow?

woman stressed about credit management and cashflow management

Getting paid seamlessly, online

woman stressed about credit management and cashflow management
Lack of cashflow in a business is still the chief cause of insolvency – which is why proper credit management procedures are as essential as ever.

WITHOUT SOUND CREDIT management processes, any business can come asunder. 

Credit management, in a nutshell, is the process of ensuring your customers pay you on time, every time, of which technology has played a big part.

Cloud accounting, for example, has sped up the time it takes a business owner to create and send invoices to their customers, which smartphone and tablet accounting apps has further aided too.

Continue reading Are Online Payments using PayPal and Stripe Right for Your Business Cashflow?