PayEm Blog

Insights and updates on a changing financial world

ACH Debit vs. ACH Credit - What’s the difference?

ACH, which stands for National Automated Clearing House, is a banking network that coordinates payments between bank accounts. Transfers performed through ACH can be broken down into two distinct categories - ACH Credit and ACH Debit.

Jordan A. W. Steinberg

Cards

What are virtual cards? Your Questions Answered

Virtual cards have the same functionality as physical cards; employers are ditching their physical cards for these exclusively digital alternatives.

Procurement

Direct vs. Indirect Procurement - What’s the difference?

Direct procurement sources supplies in order to manufacture goods for the end-user, while indirect procurement keeps the company in business.

Spend Management

The Importance of T&E Expense Management

T&E expenses are paid out-of-pocket by employees and cover a wide range of potential costs, from client lunches to airfare and other forms of transportation.

Latest Guides & News

ACH

What are ACH Transfers? The Ultimate Breakdown

Moving money isn’t simple. Rather than there being a single principle behind it, there are several, including ACH transfers or payments.

Spend Management

What is Overcharging? 9 Things You Should Know

Overcharging or overbilling can happen to any business and must be dealt with immediately. It might be a mistake, but it may also be an indication of fraud.

Thought Leadership

Starting From Scratch - How I Built Customer Success at PayEm

A strategy where the CS department underwent division into three distinct departments: customer success managers (CSMs), onboarding/implementation experts, and technical support agents.

Finance

Everything You Need to Know About Cross-Border Payments

Whether it's a customer making an international purchase online or a business making a global payment - there are a number of options to choose from when making a cross-border payment.

Spend Management

6 Steps to Improve Your Spend Management Process

The secret to long-term financial stability lies in spend management. A business’s spend management strategy should never remain static

AP automation

The Future of AP Automation - Steps & Benefits

AP Automation streamlines the Accounts Payable process and eliminates human error, which gives businesses greater spend visibility, thus improving forecasting.

Spend Management

The Evolution of Corporate Cards

As the world shifts towards online transactions, with a major push from the global pandemic, we see the next big thing is already out there.

Spend Management

3 Steps to Adopting an Enduring Finance Strategy

The volatile economic environment encourages businesses to implement new strategies, consider fresh perspectives, and adapt advanced financial technologies, to achieve long-term success.

Spend Management

Everything You Need to Know About Spend Management Strategy

Businesses that have a spend management strategy in place are one step ahead of the pack. That means they have not only come up with a plan, but implemented it as well.

Vendor

What is a Vendor? The Complete 2021 Guide

We will explain how to overcome the struggle to select the right vendor, so a company can go from barely breaking even to exceedingly profitable.

Vendor

What is Vendor Management? Benefits, Challenges, and Practices

Vendor management is the process that enables businesses to build, monitor, and maintain positive relationships with their vendors

Wire Transfers - What are they, and how long do they take?

A wire transfer is a method of electronic funds transfer made between persons or organizations.

Spend Management

Virtual Cards vs Physical Cards: What are The Differences and Which is Better?

Virtual and physical credit cards serve the same purpose of making payments, with one basic distinction between them.

Spend Management

Why Spend Management is Invaluable to Financial Success

To achieve the objectives of optimizing efficiency, improving profits, and reaching full potential, a strategic plan sets policies and implements controls on company expenditure.

Developer, Think Outside the Full Stack

Why did you choose to become a full-stack developer? Think back—way back, if you have to. Were you drawn to the challenge and variety of the work?

PayEm Blog

ACH Debit vs. ACH Credit - What’s the difference?

What are virtual cards? Your Questions Answered

Direct vs. Indirect Procurement - What’s the difference?

The Importance of T&E Expense Management

Latest Guides & News

What are ACH Transfers? The Ultimate Breakdown

What is Overcharging? 9 Things You Should Know

Starting From Scratch - How I Built Customer Success at PayEm

Everything You Need to Know About Cross-Border Payments

6 Steps to Improve Your Spend Management Process

The Future of AP Automation - Steps & Benefits

The Evolution of Corporate Cards

3 Steps to Adopting an Enduring Finance Strategy

Everything You Need to Know About Spend Management Strategy

What is a Vendor? The Complete 2021 Guide

What is Vendor Management? Benefits, Challenges, and Practices

Wire Transfers - What are they, and how long do they take?

Virtual Cards vs Physical Cards: What are The Differences and Which is Better?

Why Spend Management is Invaluable to Financial Success

Developer, Think Outside the Full Stack

Ready to increase efficiency and control‍ while saving your team money?