In an effort to bring you continued industry insights in an easy to digest manner, we started a series called Lunch Bites - short industry specific conversations served up in the time it takes you to make a sandwich. This edition of Lunch Bites features Matt Shanahan, Chief Strategy Officer at Lockstep  discussing the changing world of accounts receivable and digital transformation in the marketplace. 

“Digital Transformation” is a bit of a buzzword lately. The pandemic has exposed cash traps in accounts receivable, particularly for companies doing business via traditional methods involving paper invoices and mailed checks. Digital transformation is all about eradicating the paper, and moving things to the web and email to collaborate with customers digitally. The goal of digital transformation in AR is to lower days sales outstanding (DSO).

2020 was a year filled with disruption. Businesses everywhere needed to adapt to shutdowns, shift their operations to a remote workforce, and rethink long-standing business processes. 

From new standards in customer experience to new technologies to sweeping industry change.  The payment industry was no exception.

There were many ways the B2B and B2C businesses adapted to the “New Normal” this last year.  The question remains – which of the many 2020 payment trends we identified last year are making the jump to 2021 and beyond?

The APS Payments team has identified some of the top payment trends in 2021.  Let’s explore six of these payment trends below.  

In this edition of Lunch Bites, featuring Caroline Rua from V-Technologies, I sat down with Caroline to discuss trends we’ve been seeing in the marketplace around B2B shipping and remote work. Watch the video below to learn more, or read on for a summary of the discussion.

Is your eCommerce, Brick-and-Mortar, or B2B store prepared for the 2020 holiday season?

Customers and merchants in 2020 face a new, unprecedented environment. Nationwide shutdowns and work from home (WFH) operations have caused digital purchasing and payment methods to skyrocket.

This unique situation can serve as both a challenge and an opportunity for merchants, and gains made during the holiday months could help recoup profits lost during the shutdown earlier this year.

i-Tech Support, one of our first Acumatica partners was recently listed as a Bob Scott’s Top 100 VAR. To celebrate their accomplishment, I reached out to Mike Augello, CEO and Founder, i-Tech Support, to get his perspective on the Acumatica community, partnering with APS Payments, and how COVID-19 has impacted their clients. Mike has been a key partner for us in the Acumatica community and he had some great insights to share. Watch the video or check out an excerpt of the interview below to learn more about our Partner Driven organization!

APS Payments is excited to announce a new integration with Sage X3, enabling users to manage the entire business, at a lower cost.  Businesses using the Sage X3 ERP are now able to take advantage of the full suite of benefits with the seamlessly integrated, omni-channel, and all-in-one payment solutions from APS Payments.  This adds to APS Payments existing integrations in the Sage ecosystem for Sage 100, Sage 300, and Sage 500.

The Sage X3 solution is the backbone for many businesses. Today, more and more customers want businesses to accept payment via multiple payment methods. Sage X3 strives to simplify business management for its users, and payment processing with Sage X3 should be just as easy. APS Payments provides you with a simple and effective Sage X3 credit card processing integration that allows you to reduce risk, decrease fees, and increase your company’s revenue.

APS Payments will be a Gold Sponsor for ASUG Best Practices: SAP Business One (formally known as the Biz.ONE Conference) Oct. 27‒29.  The virtual event has content specifically designed for the SAP Business One ecosystem.

The event will showcase SAP thought leadership insights and give you an exclusive look at upcoming functionality and roadmaps. Hear case studies from leaders and experts who are adapting to today’s evolving business climate by leveraging SAP Business One. Register to access best-practice presentations, demos on the latest solutions and add-ons, and interactive panel discussions. Plus, don’t miss Hillary Heath’s presentation on Thursday, October 29 starting at 1:35 ET. 

APS Payments is excited to showcase our APS ClickToPay feature for SAP Business One! Merchants can now take advantage of one of our most successful and most requested ERP features on the SAP Business One platform. Read more about APS ClickToPay for SAP Business One.

Join us online for free at ASUG Best Practices: SAP Business One!

Date: Tuesday, October 27‒29, 2020
Time: 1PM PST

Join us as we attend the Sage Intacct Advantage 2020 virtual event on October 20-21! Advantage is the premier event for Sage Intacct customers, partners, and community to come together and connect - all from the comfort of your home office! 

You may be thinking to yourself, why should I attend this event? Well, allow us to highlight why you and your team should.

We are so thrilled to announce the first acu-connect conference ever, and it will be available to everyone virtually from the comfort of your own home! Get ready for 2 days of insightful sessions packed with valuable content presented by Acumatica subject matter experts. The virtual Expo Hall will be staffed with solution providers where you can learn more about expanding the capabilities of Acumatica Cloud ERP.

acuCONNECT 2020 is THE virtual conference for Acumatica Cloud ERP customers and partners! We are excited to announce that Jon Roskill, CEO at Acumatica, will be the keynote speaker. Attendees and sponsors can look forward to amazing sessions, fun happy hours and virtual networking! Sponsorship opportunities are also available.

Integrated Level 3 payment processing is crucial for B2B companies using Sage in order to streamline workflows, save money, and efficiently leverage the Sage integration.

Is your Sage payments provider meeting your needs as a B2B business, or causing you to miss out on major Level 3 savings? Not all Sage solutions provide the features and functionality that merchants need.  COVID-19 has placed many new constraints and challenges on businesses of all kinds this year. Adapting to the new normal of remote work and digital payments requires payment solutions that do much more than simply process credit cards and debit cards.  This blog introduces you to the benefits of Level 3 B2B processing for Sage users, and lists 5 features that your business needs to demand from your payments provider - or what to look for in a new payments solution if your current provider fails to deliver.