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Articles Online Payments7 Tips for an Effective Nonprofit Website | Online Fundraising Guide
The number of nonprofit organizations, NGOs, and charities around the world is ever increasing. As of 2020, there are more than 10 million nonprofits and non-governmental organizations worldwide. While the growth of NGOs is good for the work they're doing in society, it also means the nonprofit world is becoming…
7 mins read
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General-FAQFAQs on ACH, SEPA, Direct Debit, BACS and other Subscription Payment Methods
Q. What is an ACH payment? Automated Clearing House (ACH) payment is an electronic money transfer system between bank accounts. These payments are processed by a centralized ACH network in the United States. ACH payment setup is suitable to collect both one-time and recurring payments. The customers only need to authorize…
8 mins read
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General-FAQ
FAQs on Recurring Billing and Invoicing
Q.What is an invoice? An invoice is a transactional document that is sent to the customer by the seller. It serves as a legal document, as it is considered to be a proof of the transaction. A typical invoice contains: Products or services purchased by the customer Price of the…
4 mins read
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General-FAQ
FAQs on MRR, ARR, Churn, ARPU and other Key Subscription Metrics
Monthly Recurring Revenue (MRR) Q. What is MRR? Monthly Recurring Revenue (MRR) is the total revenue generated by your business from active subscriptions in a specific month. Using MRR, subscription business owners can track monthly revenue from a specific product or service and differences in revenue month by month. MRR gives…
11 mins read
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General-FAQ
FAQs on Basics of Subscription Management
Q. What is subscription management? Subscription management is handling customer lifecycle operations like onboarding subscribers, providing trials, managing plan upgrades and downgrades, issuing credits and refunds, and controlling billing actions. In a subscription business, items are sold periodically (weekly, monthly, or yearly) in different rate plans. The billing system is automated to receive the payments…
6 mins read
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E-Books Inventory ManagementPreparing your business for the holidays
The holidays are the busiest time of the year for businesses, because there always seems to be a never ending list of things to do. This is ironic because it all starts from a more popular list that comes up during this time, the holiday shopping list. Check out our…
1 mins read
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Guides Inventory Management7 Warehouse Management Problems and Their Solutions
Warehouse management involves organizing, managing, and maintaining all the processes that occur in a warehouse, so that they run as smoothly and efficiently as possible. Even though some of these processes are automated and seem error-free, every warehouse operation is prone to mistakes and challenges. According to a report by…
7 mins read
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Expense Management GuidesThe key differences between purchase orders and purchase requisition forms
Purchase requisition forms and purchase orders play vital roles in procuring goods and services for business needs. These key documents help standardize the purchasing process, both internally and externally. Together they assist teams in planning purchases based on set budgets, managing costs, and ensuring compliance with purchasing policies. But sometimes,…
5 mins read