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

Procurement

Procurement KPIs - What factors should businesses consider?

Procurement KPIs help managers make critical decisions and focus directives actionably to better obtain company goals.

Procurement

9 Ways Tech Has Changed Procurement

Along with the need for procurement enhancements, technological solutions have emerged to provide businesses with the support they need for success in the procurement process.

Procurement

E-Procurement Made Simple - Everything You Need to Know

E-procurement refers to procurement by way of web-based platforms. These tools have resulted in overall time savings and streamlined processes.

Latest Guides & News

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.

Procurement

Procurement & Purchasing - Their Differences Explained

Understand the distinction between procurement and purchasing

Procurement

How PayEm Addresses Risks Posed By P2P

As simple and straightforward as P2P may seem, its missing elements pose risks to companies that rely on procurement. Luckily, PayEm stands ready to mitigate said risks.

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.

Thought Leadership

How Early-Enterprise Finance Teams Evolve With Fintech Solutions?

Erez Agmon, Director of Business Development at PayEm, explains how early-enterprise finance teams evolve with fintech solutions

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.

NetSuite

Practical NetSuite Customization Tips Using Fields & Segments

NetSuite enables the creation of custom fields and custom segments that improve operational and financial reporting and data tracking

NetSuite

Best Practices For NetSuite Bank Integration and Reconciliation

NetSuite simplifies the process of tracking financial information, including transactions and other data from your banking institution

NetSuite

NetSuite Transaction Management For Beginners

In organizations large and small, proper transaction management is a necessity. Luckily, NetSuite enables this through its Memorized Transactions function.

NetSuite

Everything you must know about NetSuite subsidiaries & custom forms

NetSuite subsidiaries allow global enterprises to establish compliance in business practices while gaining visibility into company metrics and operations

NetSuite

Credit Cards & Reconciliation With NetSuite

Learn how to easily import credit card transactions in NetSuite

NetSuite

The Best Way to Simplify Your NetSuite PO & P2P

NetSuite Procure to Pay offers the most efficiency and visibility into the management and approval of purchase orders within an organization

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.

NetSuite

Why you should Streamline Your NetSuite AP Automation

NetSuite accounts payable automation is an efficient way to manage every stage of a business’s accounts payable process

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

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.

Thought Leadership

SOX Risk Mitigation: How PayEm brings compliance to its customers

Our Financial OS has been designed from the ground up to be fully SOX compliant, allowing finance teams to do so much more while mitigating potential risks.

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.

Wire Transfers

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.

Procurement

Understanding the Procure-to-Pay Cycle

Through the development of an efficient and organized procure-to-pay process, business operations may undergo optimization.

Spend Management

Purchasing Approval Processes: From Implementation to Automation

Implementing a purchase approval process can be incredibly beneficial for any business. However, companies must also consider automating said process to truly take advantage of its benefits.

Procurement

6 Advantages of Effective Procurement Management

For those who look at internal development in terms of cost-benefit analysis, we’ve gone ahead and laid out six potential advantages to effective procurement management

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.

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 Vendor Management? Benefits, Challenges, and Practices

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

Our SOC 2 Audit: What this means for PayEm and our customers

SOC 2 is a voluntary compliance standard aimed at SaaS companies that store customer data in the cloud, which specifies how an organization should manage customer data.

Procurement

5 Challenges Associated with Procurement

Procurement possesses several challenges and pitfalls for the unwary. That’s why we’ve gone ahead and outlined several of the challenges associated with procurement.

Procurement

Advantages of Procurement Planning Explained

Procurement planning is the portion of the overall procurement process that identifies a business’s requirements and timeframes.

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

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.

Thought Leadership

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?

Procurement KPIs - What factors should businesses consider?

9 Ways Tech Has Changed Procurement

E-Procurement Made Simple - Everything You Need to Know

Latest Guides & News

Starting From Scratch - How I Built Customer Success at PayEm

Procurement & Purchasing - Their Differences Explained

How PayEm Addresses Risks Posed By P2P

What are virtual cards? Your Questions Answered

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

The Importance of T&E Expense Management

How Early-Enterprise Finance Teams Evolve With Fintech Solutions?

What are ACH Transfers? The Ultimate Breakdown

What is Overcharging? 9 Things You Should Know

Practical NetSuite Customization Tips Using Fields & Segments

Best Practices For NetSuite Bank Integration and Reconciliation

NetSuite Transaction Management For Beginners

Everything you must know about NetSuite subsidiaries & custom forms

Credit Cards & Reconciliation With NetSuite

The Best Way to Simplify Your NetSuite PO & P2P

Everything You Need to Know About Cross-Border Payments

Why you should Streamline Your NetSuite AP Automation

6 Steps to Improve Your Spend Management Process

The Future of AP Automation

The Evolution of Corporate Cards

SOX Risk Mitigation: How PayEm brings compliance to its customers

What is a Vendor? The Complete 2021 Guide

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

Understanding the Procure-to-Pay Cycle

Purchasing Approval Processes: From Implementation to Automation

6 Advantages of Effective Procurement Management

Why Spend Management is Invaluable to Financial Success

Everything You Need to Know About Spend Management Strategy

What is Vendor Management? Benefits, Challenges, and Practices

Our SOC 2 Audit: What this means for PayEm and our customers

5 Challenges Associated with Procurement

Advantages of Procurement Planning Explained

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

3 Steps to Adopting an Enduring Finance Strategy

Developer, Think Outside the Full Stack

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