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Different Payments Types Explained

Lockstep

With inflation discussions dominating the conversation today, it is more important than ever to decrease your days sales outstanding (DSO). Paper checks require significant manual processing, which can lead to payment errors, increased DSO, and late payments. . What are Wire Transfers? What is an echeck? What is an EFT?

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What Is Cash Management?

TreviPay

It involves accurately tracking all cash inflows and outflows, maintaining clear records of financial transactions and ensuring that all financial information is up-to-date and accurate. What’s more, TreviPay’s transaction fees are 30% less than credit cards. Here’s a breakdown of each of the Four A’s: 1.