Flexible, digital, and highly secure intelligent payment platforms have revolutionized the way accounting firms handle financial operations. The use of paper checks has declined, and options such as ACH, credit card payments, and international payments, offer efficient and secure replacements for clients.
The variety of digital payments available offer firms the opportunity to flex their advisory muscles. By understanding digital payment types and applications, accountants can deliver big picture results with cash flow, vendor relations, budgeting, cash-back rewards, and more.
This guide breaks down modern payments and addresses the impacts they have on clients and client advisory services (CAS). It includes:
