Accounts payable is the outstanding sums of money owed to and by your company. In the course of doing business you will provide products and services to a number of parties, who will pay you for them. However, payment is… Continue Reading →
Accounts payable management can be a huge headache for lots of companies, with payments constantly going out and internal systems that can be affected by to human error. Some small companies can manage to keep track of duplicate payments manually,… Continue Reading →
Bacs is a not-for-profit member body which has been an essential part of automated payments and electronic transfers in the UK, US and Europe for decades. An industry body owned by 16 leading banks and building societies, it uses Direct… Continue Reading →
Bacs, if the term is unfamiliar, stands for Bankers’ Automated Clearing Services. If these words still sound like gibberish, bacs payments basically allow people with bank accounts to make and receive payments and transfers very quickly, and without paperwork. Nowadays… Continue Reading →
Did you know what percentage of your organisation’s annual spend is lost in duplicate payments each year? During the process from purchase to payment, all sorts of problems can occur, and all these add up. The best solution is to… Continue Reading →
Using bacs software for all your business’s financial transactions conveys greater reliability to your operations, a more fluid cashflow and makes instant cost savings on paraphernalia such as cheque stationary and postage costs. Bacs can be used to pay wages… Continue Reading →
Accounts are simple in theory, but all too often very complicated in practice. Thanks to that unfortunate but unavoidable fact, your company could be losing surprisingly big amounts of money through duplicate payments and other forms of accounting glitch. An… Continue Reading →
In the days before BACS, payments were made in several ways – most typically by cheque or cash, at the end of a month. Paying money by cash meant a number of problems, not least the presence of a significant… Continue Reading →
© 2025 Announcement Broadcast — Powered by WordPress
Theme by Anders Noren — Up ↑