What is an ACH Return? How to Manage Them

by Cheqly team | | ACH Return

Returned ACH payments represent a troublesome interruption that causes your company to waste resources and funds. So, why do ACH returns occur? The main causes of ACH returns are incorrect bank information, insufficient account balances, inactive accounts, or suspected fraudulent transactions. Being well-versed in and keeping an eye on ACH returns is very important for … Continued

9 Effective Tips to Prevent Bad Business Debts

by Cheqly team | | Bad Business Debts

Being a business owner requires prioritizing financial health and achieving stable cash flow, as these are core responsibilities of the role. Unrecoverable debts from your business operations directly reduce profitability and can devastate your available working capital. Bad debts must be actively prevented, as they affect both cash flow stability and operational costs—both of which … Continued

Cash Flow Direct Method: A Guide with Steps and Example

by Cheqly team | | Cash Flow Direct Method

Business leaders and accountants keep an eye on cash flow performance to help make smart investment choices and hit the company’s short-term financial targets. Understanding cash flow is key to figuring out how financially strong a company is. There are two ways to prepare cash flow statements: the direct method and the indirect method. While … Continued

Understanding Credit Utilization Ratio: A Complete Guide

by Cheqly team | | Credit Utilization Ratio

As an entrepreneur, it is your responsibility to maintain a healthy and good credit utilization ratio to enjoy long-term benefits in your business. So, what are these benefits? These benefits include improved credit scores, access to easier credit solutions, and better debt terms. Here in this article, you will learn about the credit utilization ratio, … Continued

6 Financial Forecasting Models Every Business Should Understand

by Cheqly team | | Financial Forecasting Models

Every business owner should spend time understanding the revenues of their business. Why? Because financial forecasting in this dynamic market can only help your business to grow exponentially and consistently, companies need financial forecasting to predict their future revenue streams, spending patterns, and money flow, which enables them to make decisions based on solid information. … Continued

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