Late payments are going to happen. It’s a fact of business - and there’s only so much you can do to control it. What you can control, however, is how you respond to them.
With so many electronic payment options and new financial technology acronyms flying around every day it can be tricky to keep up. One question we hear frequently has to do with the difference between ACH and EFT as forms of payment. Let’s break it down.
Running a software as a service (SaaS) company is a unique challenge. Because the business model is unique, so is the billing model. This makes selecting a billing solution even more consequential for SaaS companies than for many other kinds of technology providers. There are different requirements and business considerations that must be addressed, making their decision on a billing solution.