Recent Posts by Kristen Hoyman

Why Does Optimizing Your Accounts Receivable Management Debt Collection Procedure Matter?

Although many company owners are unable to see the immediate benefits of optimizing their accounts receivable management debt collection procedure, in fact, the improvement it can bring to a business should not be underestimated. Apart from preventing existing capital from being wasted and thus increasing liquidity, this kind of optimization ensures the company can better reduce its costs and debts while funding growth and outperforming its competition, no matter the size of the business..

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Why Is the B2B Payment System Causing So Many Problems for Small Businesses Today?

When it comes to the major hurdles that are faced by today’s small businesses, cash flow management has to be at the top of the agenda. Finding an effective B2B payment system has been causing major headaches for business owners around the country for some time now. However, as the industry is now shifting and digitizing, more problems are starting to emerge that are especially affecting those who own small companies that rely heavily on speedy transactions to stay afloat. With paper checks and cash...

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35 Percent of Americans Have No Plan in Place to Cover Medical Debts – How Can an Effective Healthcare Payment Processing Solution Help?

Recent statistics make sobering reading when it comes to America’s burgeoning debt problem. Worryingly, a 2017 survey revealed that 4 out of 5 Americans owe money and household debt nationwide has increased to more than $12 trillion.

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Average American’s Healthcare Costs Expected to Rise To $5,000 Per Year By 2023 – Providers Need Healthcare Payment Solutions That Are Fit For The Digital Age of Healthcare

The cost of healthcare is rising dramatically for Americans today. The average person spends almost $4,000 every year towards his or her treatment, and those figures are expected to increase to more than $5,000 by 2023. Shockingly, the government is now anticipating the healthcare share of the country’s GDP will rise from 17.8 percent to 19.9 percent within the next decade, with spending on prescription drugs projected to increase at roughly 6.3 percent a year during the same period. With healthcare...

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Why Aren’t Patients Paying Off Their Medical Treatment Debts, And Could Better Patient Payment Solutions Be the Answer?

For healthcare providers, it is not only frustrating if patients fail to pay the amounts they owe for a treatment received, it is also a significant revenue problem. And, if it is allowed to continue, it could damage the financial health of the practice irreparably. However, for many patients, the problem of paying their bills can appear to be insurmountable, especially with higher deductibles and lower levels of insurance coverage. Therefore, gaining a greater insight into why patients are unable to make...

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The Importance of A Positive Moving Experience in Tenant Retention – How Property Management Credit Card Processing Can Have an Impact

Moving into a property is a time for creating key memories, so it is important to create a positive experience for your tenants if you want them to feel satisfied.

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Credit Union Trends For 2018 – Will Merchant Services for Credit Unions Play A Role?

Credit unions are still going strong after several generations. However, there are several ongoing trends that are set to affect the way in which they operate in the coming year. A number of trends have been predicted for 2018, and these could have a major impact on credit unions both indirectly and directly. So, the question is, will merchant services for credit unions play a role?

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What Best Fits Your Company’s Payment Needs When It Comes to Online Bill Pay Services for Business?

Modern business owners are always on the lookout for ways to facilitate their customers’ payments and to improve their reputation in the marketplace. By offering a wider selection of payment methods, companies can increase their reach and can also boost their revenue exponentially. If you are ready to accept credit card payments from customers, the only decision left to make is which type of online bill pay services for business to set up in order to process those payments.

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The Top Four Challenges A Modern Healthcare Payment System Must Face

Healthcare providers up and down the country are finding it harder than ever to track and record their patients’ well-being and health, and many medical practices have discovered that these days, the biggest challenge is just receiving payment for services rendered. Today, providers are discovering that their healthcare payment system is facing a number of challenges that result in a billing process that is more drawn out and complex than it really needs to be. Here are the top four challenges that a...

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TOPS welcomes BillingTree as Payments Services partner offering solutions to TOPS Professional, TOPS iQ and TOPS ONE customers

  • TOPS Software LLC integrates Billingtree and Payrazr technology to run on its new TOPS [ONE] HOA solution
  • BillingTree merchant services also available to community association managers using TOPS Professional and TOPS iQ
  • Property managers can now offer omnichannel payments to meet needs of their demanding client base

Phoenix, Ariz. – February 28, 2018 BillingTree®, the leading payment technology provider, today announced it has become the first payment partner to integrate into the latest version of...

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