Small Business – Plastiq

Stop Letting Cash Flow Delays Slow Your Growth

Lauren Henton — Thu, 11 Sep 2025 19:21:51 +0000

You’ve landed the order you’ve been chasing for months. It’s a huge PO from a major retailer. Your team is buzzing, your suppliers are lined up, and your marketing plan is ready to roll. Then reality hits: The retailer’s payment terms are Net 60. Your suppliers wanted their money yesterday. And last week’s deduction dispute…

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How All-In-One Platforms Lower the Cost of SMB Payments

Plastiq — Tue, 03 May 2022 17:09:33 +0000

Stoyan Kenderov, Plastiq’s Chief Operating Officer, joined a recent PYMNTS panel to talk about how SMBs can benefit from all-in-one payment platforms and digital payment acceptance. Joined by Payground co-founder and CEO, Drew Mercer, and Sunbasket Vice President and Corporate Controller, Todd Smith, the three discussed how giving businesses flexible payments options–while simplifying customers transactions…

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Stop waiting for your money

Plastiq — Thu, 09 Dec 2021 16:00:00 +0000

No matter what industry you’re in, you’re in the business of making money. But too often, it can feel like you’re in the business of waiting to be paid. Of course, you’re not just waiting. You’re figuring out which payments are overdue, following up, following up again, stressing about when the money will arrive, and…

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Do more than manage your cash flow. Predict it.

Plastiq — Thu, 02 Dec 2021 16:00:00 +0000

In its 2021 State of Small Business Cash Flow, Intuit Quickbooks reported that 60% of small business owners say cash flow has been a problem, that cash flow problems are one of their top three causes of stress, and that they can spend up to nine hours a week chasing down payments. It’s a headache…

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Make it simple to get paid on time

Plastiq — Fri, 12 Nov 2021 16:00:00 +0000

If you run a small business, it’s probably no surprise that 93% of businesses are paid late. And when a payment’s late, you spend time chasing it down that could be better spent moving your business forward. But you do it because getting paid on time is essential to your daily operations. It’s what enables…

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2% of Your Profits are Going to Waste. Here’s How Payment Approval Workflow Can Save You Time

Vishakha Gupta — Wed, 18 Aug 2021 21:31:25 +0000

A recent McKinsey report showed that businesses waste 2% of their hard earned profits on just managing the cost to pay and get paid. Think about that—2% spent on handling basic transactions. How is that possible? Well, more than 80% of businesses are still writing checks which take time to write, send, and track down…

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Women-Owned Businesses are Succeeding During the Pandemic. Here’s Why.

Plastiq — Wed, 16 Jun 2021 15:55:53 +0000

Going into 2020, the 2019 American Express State of Women-Owned Businesses Report found the number of women-owned businesses was growing at two times the rate of all US businesses, representing 42% of all businesses. By the time 2021 rolled around, a survey by Guidant Financial and the Small Business Trends Association (SBTA) found that 44%…

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When And How Fast Will The Economy Recover? Here Are Three Economic Metrics To Watch

Gene Marks — Thu, 03 Dec 2020 19:58:00 +0000

The economy will recover from the pandemic. There’s no doubt about that. But there is a lot of doubt about when, and how fast. As cases continue to rise and shutdowns proliferate, there’s not a single economist who can accurately answer these questions—no matter how hard they try or how smart they are. And unfortunately,…

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These Three Fintech Trends Will Impact You, And Your Business In 2021

Plastiq — Wed, 18 Nov 2020 19:53:00 +0000

There’s a lot going on in the financial technology (or fintech) world—things that will impact not only the banks and financial service companies but their business and consumer customers alike. Here are three big things I am watching—things that may change the way we send and receive money in the years to come. Accounting Software…

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Five Major Tech Trends Impacting Businesses in 2020

Plastiq — Wed, 14 Oct 2020 18:50:00 +0000

There has been a major boost in business technology trends in the year of 2020. This is due to the massive international lockdowns caused by the COVID-19 pandemic. This has inevitably led to a massive increase in remote working technology, virtual sales, and other tech-based products, in order to fit the demands of the market.…

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