ACH Authorization
An ACH authorization provides permission to lenders (or other financial debtors), at such time when payment is due, to electronically withdraw funds from a company's bank, prepaid card, or credit union.
ACH Authorization
An ACH authorization provides permission to lenders (or other financial debtors), at such time when payment is due, to electronically withdraw funds from a company's bank, prepaid card, or credit union.
ACH Debit
A transaction pulling funds from the client bank account. To allow bank to bank transactions clients must authorize PayEm to initiate a payment, pull funds, and debit their account.
ACH Debit
A transaction pulling funds from the client bank account. To allow bank to bank transactions clients must authorize PayEm to initiate a payment, pull funds, and debit their account.
Accounts Payable (AP)
Accounts payable, or AP, references a general ledger account that the company is obligated to pay off, particularly short-term debts owed to creditors, vendors, or suppliers.
Accounts Payable (AP)
Accounts payable, or AP, references a general ledger account that the company is obligated to pay off, particularly short-term debts owed to creditors, vendors, or suppliers.
Annual Recurring Revenue (ARR)
Annual Recurring Revenue, or ARR, is a metric that represents the revenue brought into an organization, via recurring subscriptions, in either a fiscal or calendar year.
Annual Recurring Revenue (ARR)
Annual Recurring Revenue, or ARR, is a metric that represents the revenue brought into an organization, via recurring subscriptions, in either a fiscal or calendar year.
Approval Policy
Approval policy is a configurable entity of request management that helps associate various request types with approval processes defined in the request service only for request-level and operation-level approvals.
Approval Policy
Approval policy is a configurable entity of request management that helps associate various request types with approval processes defined in the request service only for request-level and operation-level approvals.
Asset
An asset is anything of value that individuals, corporations, or governments may possess with the aim of future benefit.
Asset
An asset is anything of value that individuals, corporations, or governments may possess with the aim of future benefit.
Assistant Controller
An assistant controller supports the corporate controller in all accounting-related activities within a company. This professional plays a vital role in maintaining the accountability of a company’s financial resources and protecting investor assets.
Assistant Controller
An assistant controller supports the corporate controller in all accounting-related activities within a company. This professional plays a vital role in maintaining the accountability of a company’s financial resources and protecting investor assets.
Audit
An audit refers to the inspection of a company's ledgers or accounts by an auditor followed by department-level inspections to ensure the business is adhering to transaction documentation regulations and guidelines.
Audit
An audit refers to the inspection of a company's ledgers or accounts by an auditor followed by department-level inspections to ensure the business is adhering to transaction documentation regulations and guidelines.
Audit Train
An audit trail details, sequentially, the timeline pertaining to a specific financial object.
Audit Train
An audit trail details, sequentially, the timeline pertaining to a specific financial object.
Automated Clearing House (ACH)
The Automated Clearing House (ACH) is a computer-based electronic network for processing transactions, usually credit transfers or debits, between participating financial institutions.
Automated Clearing House (ACH)
The Automated Clearing House (ACH) is a computer-based electronic network for processing transactions, usually credit transfers or debits, between participating financial institutions.
Balance Sheet (BS)
Balance sheets are financial statements that report a business's fiscal status from any given point in time. Balance sheets provide the basis for determining investor return rates and overall capital structure.
Balance Sheet (BS)
Balance sheets are financial statements that report a business's fiscal status from any given point in time. Balance sheets provide the basis for determining investor return rates and overall capital structure.
Bank Identification Number (BIN)
A bank identification number (BIN) identifies which financial institution issued a given credit, charge, or debit card. The BIN is the first four to six numbers on your card.
Bank Identification Number (BIN)
A bank identification number (BIN) identifies which financial institution issued a given credit, charge, or debit card. The BIN is the first four to six numbers on your card.
Bankruptcy
Bankruptcy refers to a process that occurs when a business (or individual) declares they are unable to repay their debts. Their assets may then be evaluated and sold to repay a fraction of the remaining debt.
Bankruptcy
Bankruptcy refers to a process that occurs when a business (or individual) declares they are unable to repay their debts. Their assets may then be evaluated and sold to repay a fraction of the remaining debt.
Bill
A bill is an invoice received from a supplier, on which the supplier states the amount owed by the recipient. This is the primary source document for trade payables.
Bill
A bill is an invoice received from a supplier, on which the supplier states the amount owed by the recipient. This is the primary source document for trade payables.
Bill Payment
Bill Payment is a transaction that represents a bill which was paid. A bill payment can refer to different sources of payments, such as: wire transfer, credit card payment.
Bill Payment
Bill Payment is a transaction that represents a bill which was paid. A bill payment can refer to different sources of payments, such as: wire transfer, credit card payment.
Bookkeeper
A bookkeeper's job is to maintain their employer's general ledger, including all financial accounts and records, such as debits and credits.
Bookkeeper
A bookkeeper's job is to maintain their employer's general ledger, including all financial accounts and records, such as debits and credits.
Budget
A budget provides an estimation of allocated funds per line item for departments and whole businesses. Budgets often encompass a specified period of time, whether it be per month, per quarter, or per year.
Budget
A budget provides an estimation of allocated funds per line item for departments and whole businesses. Budgets often encompass a specified period of time, whether it be per month, per quarter, or per year.
Business Model
A business model refers to the method by which a company plans to make a profit. A business model identifies the product, its intended market, and any expenses that may arise.
Business Model
A business model refers to the method by which a company plans to make a profit. A business model identifies the product, its intended market, and any expenses that may arise.
Business-to-Consumer (B2C)
Business-to-consumer, often referred to as B2C, refers to businesses that market their products and services directly to consumers, their end-users.
Business-to-Consumer (B2C)
Business-to-consumer, often referred to as B2C, refers to businesses that market their products and services directly to consumers, their end-users.
Capital Expenditure (CapEx)
Capital expenditure funds, or CapEx, are spent by companies to obtain, maintain, and improve their (often physical) assets. CapEx funds are frequently utilized in the pursuit of new projects or investments.
Capital Expenditure (CapEx)
Capital expenditure funds, or CapEx, are spent by companies to obtain, maintain, and improve their (often physical) assets. CapEx funds are frequently utilized in the pursuit of new projects or investments.
Card Activation
An action you are taking in order to activate your credit card for the first time in order to start using it: making transactions with merchants.
Card Activation
An action you are taking in order to activate your credit card for the first time in order to start using it: making transactions with merchants.
Card Expiration Date
Card Expiration Date is one of the features can be used as part of PayEm's card controls. it allows to set a timeline for the usage of the card until a given date.
Card Expiration Date
Card Expiration Date is one of the features can be used as part of PayEm's card controls. it allows to set a timeline for the usage of the card until a given date.
Card Terminated
Card termination means that the credit card is no longer active and the card holder can't use it and make any payments or transactions.
Card Terminated
Card termination means that the credit card is no longer active and the card holder can't use it and make any payments or transactions.
Card Verification Value (CVV)
CVV numbers, or card verification values, are the 3-digit codes on the back of credit & debit cards. Otherwise known as card security or card verification codes, CVVs protect customer data through online or POS transaction processes.
Card Verification Value (CVV)
CVV numbers, or card verification values, are the 3-digit codes on the back of credit & debit cards. Otherwise known as card security or card verification codes, CVVs protect customer data through online or POS transaction processes.
Cash Flow
Cash flow describes the cash (and equivalents) transferred in and out of a company. Transfers in are dubbed 'Cash received', while transfers out are labeled as 'Money spent'. A company’s ability to generate a profit is completely determined by its ability to receive more cash than it spends.
Cash Flow
Cash flow describes the cash (and equivalents) transferred in and out of a company. Transfers in are dubbed 'Cash received', while transfers out are labeled as 'Money spent'. A company’s ability to generate a profit is completely determined by its ability to receive more cash than it spends.
Cashback
Rewards program where customers can earn back a percentage of the money they spend while shopping. Originally a credit card feature, some debit card accounts now offer cashback rewards too.
Cashback
Rewards program where customers can earn back a percentage of the money they spend while shopping. Originally a credit card feature, some debit card accounts now offer cashback rewards too.
Chart of Accounts (COA)
A chart of accounts, otherwise known as COA, is a centralized index of all a company's financial accounts. In practice, COAs offer breakdowns and summaries of all corporate financial transactions taking place during specified accounting periods.
Chart of Accounts (COA)
A chart of accounts, otherwise known as COA, is a centralized index of all a company's financial accounts. In practice, COAs offer breakdowns and summaries of all corporate financial transactions taking place during specified accounting periods.
Chief Executive Officer (CEO)
The chief executive officer, or CEO, is a company's highest-ranking executive. They make major decisions affecting the company, while also managing overall operations and acting as the primary conduit between the board of directors and the C-Suite.
Chief Executive Officer (CEO)
The chief executive officer, or CEO, is a company's highest-ranking executive. They make major decisions affecting the company, while also managing overall operations and acting as the primary conduit between the board of directors and the C-Suite.
Chief Financial Officer (CFO)
The chief financial officer, often referred to as the CFO, holds the primary responsibility of managing a company's finances, which includes financial planning, financial risk assessment, compliance management, and reporting.
Chief Financial Officer (CFO)
The chief financial officer, often referred to as the CFO, holds the primary responsibility of managing a company's finances, which includes financial planning, financial risk assessment, compliance management, and reporting.
Churn Rate
Churn rate, otherwise referred to as the attrition rate or customer churn, is the rate (often expressed as a percentage) at which customers discontinue their relationship with a given company.
Churn Rate
Churn rate, otherwise referred to as the attrition rate or customer churn, is the rate (often expressed as a percentage) at which customers discontinue their relationship with a given company.
Controller
The controller is a corporate position that focuses on accounting and record-keeping. Corporate controllers oversee accounting activities and make sure the general ledger accurately reflects their company's financial standing.
Controller
The controller is a corporate position that focuses on accounting and record-keeping. Corporate controllers oversee accounting activities and make sure the general ledger accurately reflects their company's financial standing.
Cost of Goods Sold (COGS)
The cost of goods sold, known as COGS, refers to the costs incurred by a company in the production of sellable goods, including materials and labor.
Cost of Goods Sold (COGS)
The cost of goods sold, known as COGS, refers to the costs incurred by a company in the production of sellable goods, including materials and labor.
Credit Card
A credit card is a commonly held payment card that enables cardholders to pay merchants for goods and services based on credit, without the need for a cash transaction.
Credit Card
A credit card is a commonly held payment card that enables cardholders to pay merchants for goods and services based on credit, without the need for a cash transaction.
Credit Score
A credit score is a three-digit number between 300 and 850 that represents the likelihood of timely loan repayment based on past history.
Credit Score
A credit score is a three-digit number between 300 and 850 that represents the likelihood of timely loan repayment based on past history.
Customer Acquisition Cost (CAC)
Customer acquisition cost, often referred to as CAC, is the amount spent acquiring a single new customer. In other words, CAC refers to the resources and costs a business utilizes to onboard one additional customer.
Customer Acquisition Cost (CAC)
Customer acquisition cost, often referred to as CAC, is the amount spent acquiring a single new customer. In other words, CAC refers to the resources and costs a business utilizes to onboard one additional customer.
Customer Lifetime Value (CLTV)
CLTV is a prediction of the net profit attributed to an ongoing relationship between customer and product.
Customer Lifetime Value (CLTV)
CLTV is a prediction of the net profit attributed to an ongoing relationship between customer and product.
Decline
A transaction decline indicates that an error occured while processing a credit card charge, which meant that the intended purchase could not be completed.
Decline
A transaction decline indicates that an error occured while processing a credit card charge, which meant that the intended purchase could not be completed.
Direct Procurement
Direct procurement refers to the process by which raw materials, resources, goods, and/or services are purchased or otherwise obtained in support of a business's core operations.
Direct Procurement
Direct procurement refers to the process by which raw materials, resources, goods, and/or services are purchased or otherwise obtained in support of a business's core operations.
Disposable card
Disposable credit cards, otherwise known as virtual cards, possess temporary numbers that can be used once, then disposed of.
Disposable card
Disposable credit cards, otherwise known as virtual cards, possess temporary numbers that can be used once, then disposed of.
Dispute
A dispute refers to the event when a cardholder questions a charge with their card company. A correction, or chargeback, may result in a refund following the creation of a formal dispute, which immediately credits the disputed amount back to the cardholder pending investigation.
Dispute
A dispute refers to the event when a cardholder questions a charge with their card company. A correction, or chargeback, may result in a refund following the creation of a formal dispute, which immediately credits the disputed amount back to the cardholder pending investigation.
Equity
Equity indicates the amount of money that could be dispersed to corporate stakeholders in the event of liquidation, following the resolution of any outstanding debt.
Equity
Equity indicates the amount of money that could be dispersed to corporate stakeholders in the event of liquidation, following the resolution of any outstanding debt.
Erterprise Resource Planning
Enterprise Resource Planning, often shortened to ERP, is a type of business management software that assists companies in managing and integrating essential financial processes, often in real-time.
Erterprise Resource Planning
Enterprise Resource Planning, often shortened to ERP, is a type of business management software that assists companies in managing and integrating essential financial processes, often in real-time.
Expense Account
An expense account is a temporary account variant that stores all a company's expenses during a given accounting period.
Expense Account
An expense account is a temporary account variant that stores all a company's expenses during a given accounting period.
Expense Management
Expense management ensures company spend stays within budget while maintaining operational efficiency. It also plays into employee spend and reimbursement policies, particularly concerning business trips and food allowances.
Expense Management
Expense management ensures company spend stays within budget while maintaining operational efficiency. It also plays into employee spend and reimbursement policies, particularly concerning business trips and food allowances.
Expense Reports
Expense reports are filed by employees so that they may be reimbursed for certain purchases later. The company must check whether all the items on the report are eligible for reimbursement before following through with the payment.
Expense Reports
Expense reports are filed by employees so that they may be reimbursed for certain purchases later. The company must check whether all the items on the report are eligible for reimbursement before following through with the payment.
Financial Planning & Analysis (FP&A)
Financial planning and analysis, otherwise known as FP&A, comprise four activities that aim to maintain a company's financial health: planning and budgeting, integrated financial planning, management and performance reporting, and forecasting and modeling.
Financial Planning & Analysis (FP&A)
Financial planning and analysis, otherwise known as FP&A, comprise four activities that aim to maintain a company's financial health: planning and budgeting, integrated financial planning, management and performance reporting, and forecasting and modeling.
Four Party Model
The Four Party model refers to the relationship between: (a) card holder, (b) issuer, (c) Merchant (d) Acquirer and the scheme network (e.g. VISA or Mastercard).
Four Party Model
The Four Party model refers to the relationship between: (a) card holder, (b) issuer, (c) Merchant (d) Acquirer and the scheme network (e.g. VISA or Mastercard).
Fund Request
A fund request is a process to get approval from the budget owner before an expense can be made.
Fund Request
A fund request is a process to get approval from the budget owner before an expense can be made.
General & Administrative Expenses
General and administrative expenses, known as G&A, are expenses that are unable to be associated with a specific business unit. G&A expenses are often affect the whole business, rather than a single team or department.
General & Administrative Expenses
General and administrative expenses, known as G&A, are expenses that are unable to be associated with a specific business unit. G&A expenses are often affect the whole business, rather than a single team or department.
General Ledger (GL)
A general ledger is where a company's financial data and records are stored.
General Ledger (GL)
A general ledger is where a company's financial data and records are stored.
Generally Accepted Accounting Principles (GAAP)
Generally accepted accounting principles, or GAAP, reference the Financial Accounting Standards Board (FASB)'s commonly accepted set of accounting standards.
Generally Accepted Accounting Principles (GAAP)
Generally accepted accounting principles, or GAAP, reference the Financial Accounting Standards Board (FASB)'s commonly accepted set of accounting standards.
Indirect Procurement (IP)
Indirect procurement refers to the sourcing of all goods and services for a business to enable it to maintain and develop its operations.
Indirect Procurement (IP)
Indirect procurement refers to the sourcing of all goods and services for a business to enable it to maintain and develop its operations.
Initial Public Offering (IPO)
An initial public offering, known by the acronym IPO, is the process of offering previously-private company shares to the public so as to raise capital from public investors.
Initial Public Offering (IPO)
An initial public offering, known by the acronym IPO, is the process of offering previously-private company shares to the public so as to raise capital from public investors.
Interchange (IC)
Interchange fees, otherwise known as transaction fees, are made by the merchant's bank every time a customer initiates a card transaction.
Interchange (IC)
Interchange fees, otherwise known as transaction fees, are made by the merchant's bank every time a customer initiates a card transaction.
Invoice
An invoice provides an itemized transaction record of a transaction, one which details the payment method used as well as the time that the purchase took place.
Invoice
An invoice provides an itemized transaction record of a transaction, one which details the payment method used as well as the time that the purchase took place.
Issuing Bank
Issuing banks, or issuers, supply mastercard & visa credit/debit cards to customers.
Issuing Bank
Issuing banks, or issuers, supply mastercard & visa credit/debit cards to customers.
Journal Entry
Journal entries refer to individual transaction records in a business's accounting books. Journal entries, when generated correctly, possess the correct, debit/credit amounts, transaction transcription, and reference number.
Journal Entry
Journal entries refer to individual transaction records in a business's accounting books. Journal entries, when generated correctly, possess the correct, debit/credit amounts, transaction transcription, and reference number.
Key Performance Indicator (KPI)
Key Performance Indicators, or KPIs, are measures of performance to meet a specified objective. KPIs provide targets and milestones for individual employees, teams, and departments to shoot for.
Key Performance Indicator (KPI)
Key Performance Indicators, or KPIs, are measures of performance to meet a specified objective. KPIs provide targets and milestones for individual employees, teams, and departments to shoot for.
Merchant Category Code (MCC)
Merchant category codes, or MCCs, are four-digit numbers utilized by credit card issuers in order to classify and categorize businesses, particularly in regard to the services or goods they sell.
Merchant Category Code (MCC)
Merchant category codes, or MCCs, are four-digit numbers utilized by credit card issuers in order to classify and categorize businesses, particularly in regard to the services or goods they sell.
Mergers & Acquisitions (M&A)
Mergers and acquisitions, also known as M&A, refers to the consolidation of companies or assets through various financial means, including consolidations and asset purchases, not to mention mergers and acquisitions themselves.
Mergers & Acquisitions (M&A)
Mergers and acquisitions, also known as M&A, refers to the consolidation of companies or assets through various financial means, including consolidations and asset purchases, not to mention mergers and acquisitions themselves.
Monthly Recurring Revenue (MRR)
MRR stands for monthly recurring revenue. It's a normalized measure of a business' predictable revenue that it expects to earn each month.
Monthly Recurring Revenue (MRR)
MRR stands for monthly recurring revenue. It's a normalized measure of a business' predictable revenue that it expects to earn each month.
Multi-Factor Authentication (MFA)
Multi-factor authentication, or MFA, is a system that requires more than one factor (i.e email, SMS, etc) for successful authentication or access.
Multi-Factor Authentication (MFA)
Multi-factor authentication, or MFA, is a system that requires more than one factor (i.e email, SMS, etc) for successful authentication or access.
Net Income (NI)
Net income is an entity's income minus expenses, costs, interest, and taxes during a given fiscal period.
Net Income (NI)
Net income is an entity's income minus expenses, costs, interest, and taxes during a given fiscal period.
One Time Password (OTP)
Otherwise known as a one-time PIN, one-time authorization code (OTAC), or dynamic password, an OTP credential is valid only once, no matter if it's for login or transaction. Subsequent instances will require fresh OTP generation.
One Time Password (OTP)
Otherwise known as a one-time PIN, one-time authorization code (OTAC), or dynamic password, an OTP credential is valid only once, no matter if it's for login or transaction. Subsequent instances will require fresh OTP generation.
Optical Character Recognition (OCR)
Optical Character Recognition refers to AI software that can scan documents and extract important information. It is typically used for for supplier invoice and receipts scanning.
Optical Character Recognition (OCR)
Optical Character Recognition refers to AI software that can scan documents and extract important information. It is typically used for for supplier invoice and receipts scanning.
Physical Card
Virtual and physical credit cards serve the same purpose of making payments, with one basic distinction between them - virtual cards are only available for online purchases, while physical cards can be used in person as well.
Physical Card
Virtual and physical credit cards serve the same purpose of making payments, with one basic distinction between them - virtual cards are only available for online purchases, while physical cards can be used in person as well.
Point of Sale (POS)
A point of sale, or POS, is the location where a customer pays for goods or services, along with applicable taxes. A POS transaction can take place online or in person, with physical or electronic receipts generated thereafter.
Point of Sale (POS)
A point of sale, or POS, is the location where a customer pays for goods or services, along with applicable taxes. A POS transaction can take place online or in person, with physical or electronic receipts generated thereafter.
Prepaid Expenses
A prepaid expense refers to a payment made in advance by a business for future goods or services.
Prepaid Expenses
A prepaid expense refers to a payment made in advance by a business for future goods or services.
Procure-to-pay (P2P)
Procure-to-pay, or P2P, refers to the coordinated and integrated process involving the acquisition of goods or services at the right time and price. P2P is a multi-stage process whose steps must be followed in order, from purchase order creation to final payment.
Procure-to-pay (P2P)
Procure-to-pay, or P2P, refers to the coordinated and integrated process involving the acquisition of goods or services at the right time and price. P2P is a multi-stage process whose steps must be followed in order, from purchase order creation to final payment.
Procurement
Procurement refers to the process by which terms are agreed upon for the acquisition of goods or services from external sources or vendors.
Procurement
Procurement refers to the process by which terms are agreed upon for the acquisition of goods or services from external sources or vendors.
Product-Market Fit (PMF)
Product-market fit, or PMF, references the level to which a given product generates demand in its target market. Given its ability to gauge product interest, Product-market fit is often utilized by new startups to test the viability of their given products.
Product-Market Fit (PMF)
Product-market fit, or PMF, references the level to which a given product generates demand in its target market. Given its ability to gauge product interest, Product-market fit is often utilized by new startups to test the viability of their given products.
Profit & Loss Statement (P&L)
A P&L statement, short for profit and loss, is a financial document that offers a high-level view of a company's revenues, costs, and expenses, often across a quarter or fiscal year.
Profit & Loss Statement (P&L)
A P&L statement, short for profit and loss, is a financial document that offers a high-level view of a company's revenues, costs, and expenses, often across a quarter or fiscal year.
Proof of Concept (POC)
Proof of concept (POC) represents a verification that certain concepts or products may pass muster in the real world. Basically, a POC demonstrates that a product is worth the time, money, and effort needed to support and develop it.
Proof of Concept (POC)
Proof of concept (POC) represents a verification that certain concepts or products may pass muster in the real world. Basically, a POC demonstrates that a product is worth the time, money, and effort needed to support and develop it.
Purchase Order (PO)
A purchase order, or PO, is a document issued by a company to a vendor that indicates agreed-upon terms for the purchase of goods or services, including deliverables, quantities, and prices.
Purchase Order (PO)
A purchase order, or PO, is a document issued by a company to a vendor that indicates agreed-upon terms for the purchase of goods or services, including deliverables, quantities, and prices.
Purchase Request
A purchase request is a document detailing required items, the number required and when they will be required. Once approved it becomes a purchase order.
Purchase Request
A purchase request is a document detailing required items, the number required and when they will be required. Once approved it becomes a purchase order.
Receipt
A receipt is a financial acknowledgment that a vendor has received money in exchange for goods or services.
Receipt
A receipt is a financial acknowledgment that a vendor has received money in exchange for goods or services.
Reconciliation
Reconciliation refers to the process finance teams undergo to confirm that records present in the general ledger are consistent, accurate, and complete. This is often achieved by comparing two sets of records to see if they're in agreement.
Reconciliation
Reconciliation refers to the process finance teams undergo to confirm that records present in the general ledger are consistent, accurate, and complete. This is often achieved by comparing two sets of records to see if they're in agreement.
Record-to-Report
Record-to-Report is an accounting process that involves the full spectrum of financial data management, from collection and processing to the presentation of accurate financial data.
Record-to-Report
Record-to-Report is an accounting process that involves the full spectrum of financial data management, from collection and processing to the presentation of accurate financial data.
Reimbursement
Reimbursement is the process by which a company fully compensates an employee for an out-of-pocket expense.
Reimbursement
Reimbursement is the process by which a company fully compensates an employee for an out-of-pocket expense.
Request to Reconciliation (R2R)
R2R is a PayEm-specific term used to describe the full process from the request (PR) to the PO and then to the payment and reconciliation.
Request to Reconciliation (R2R)
R2R is a PayEm-specific term used to describe the full process from the request (PR) to the PO and then to the payment and reconciliation.
SOC 2
SOC2, or Service Organization Control 2, is a data security compliance standard that audits the methods by which companies management their internal data as well as that of its clients.
SOC 2
SOC2, or Service Organization Control 2, is a data security compliance standard that audits the methods by which companies management their internal data as well as that of its clients.
Single Sign-on (SSO)
Single sign-on, frequently shortened to SSO, is a method of authentication that permits users to access multiple software platforms with a single ID and password.
Single Sign-on (SSO)
Single sign-on, frequently shortened to SSO, is a method of authentication that permits users to access multiple software platforms with a single ID and password.
Software as a service (SaaS)
Software-as-a-service, frequently known as SaaS, refers to centrally hosted platforms and services whose business models involve ongoing digital subscriptions.
Software as a service (SaaS)
Software-as-a-service, frequently known as SaaS, refers to centrally hosted platforms and services whose business models involve ongoing digital subscriptions.
Statement
A record of the amount of transactions (payments) done in a period of one month.
Statement
A record of the amount of transactions (payments) done in a period of one month.
Subsidiary Segregation
This functionality enables Admins and Accountants to define and control the subsidiary data that will be visible to newly added and existing users.
Subsidiary Segregation
This functionality enables Admins and Accountants to define and control the subsidiary data that will be visible to newly added and existing users.
Three-way matching
Three-way matching refers to a technique for payment verification technique that ensures the validity of supplied invoices. The eponymous "three-ways" are purchase orders, invoices, and receipts.
Three-way matching
Three-way matching refers to a technique for payment verification technique that ensures the validity of supplied invoices. The eponymous "three-ways" are purchase orders, invoices, and receipts.
Transaction
A transaction is an event that occurs between a buyer and seller that has a monetary impact on a business's financial standing. Once they take place, transactions are recorded in the general ledger.
Transaction
A transaction is an event that occurs between a buyer and seller that has a monetary impact on a business's financial standing. Once they take place, transactions are recorded in the general ledger.
Travel & Entertainment Expenses (T&E)
Travel & Entertainment Expenses (T&E) comprise the second largest source of operational costs, after payroll. A major goal of platforms like PayEm is to help businesses manage their T&E expenses.
Travel & Entertainment Expenses (T&E)
Travel & Entertainment Expenses (T&E) comprise the second largest source of operational costs, after payroll. A major goal of platforms like PayEm is to help businesses manage their T&E expenses.
Unicorn
The term "Unicorn" is a popular one in the venture capital industry. It is meant to describe a startup company of high valuation, usually in excess of $1 billion.
Unicorn
The term "Unicorn" is a popular one in the venture capital industry. It is meant to describe a startup company of high valuation, usually in excess of $1 billion.
Value Proposition
Value propositions represent a company's promise to potential consumers, in the event they become customers. A company's value proposition often makes up the core of its marketing strategy.
Value Proposition
Value propositions represent a company's promise to potential consumers, in the event they become customers. A company's value proposition often makes up the core of its marketing strategy.
Vendor
Vendors, alternatively known as sellers, contribute goods or services to companies for a price.
Vendor
Vendors, alternatively known as sellers, contribute goods or services to companies for a price.
Virtual Credit Cards (VCC)
Virtual credit cards are cards that come with unique numbers, allowing you to enact transactions via your regular card without using - or exposing - your main credit card account number.
Virtual Credit Cards (VCC)
Virtual credit cards are cards that come with unique numbers, allowing you to enact transactions via your regular card without using - or exposing - your main credit card account number.