Brex and Mercury are great digital solutions for tech startups. Both offer digital banking services that integrate with popular tech tools like QuickBooks and Xero. They also provide access to a number of useful banking products, such as corporate cards, venture debt, and high-yield treasury accounts. However, when comparing Brex vs Mercury business checking, Brex…
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Relay vs Novo Business Checking: Which Is Best?
Relay and Novo are two of the best financial technology (fintech) solutions available on the market today. Although both provide affordable business checking with useful budgeting tools, each offers distinct selling points. Relay was designed for teams of two or more and primarily offers business checking with collaborative features. Aside from letting you create multiple…
QuickBooks Online vs Self-Employed: Features & Differences
Since QuickBooks Self-Employed is no longer offered to new subscribers, this QuickBooks Online vs Self-Employed comparison is focused on whether current QuickBooks Self-Employed subscribers should convert to QuickBooks Online.
QuickBooks Online and QuickBooks Self-Employed are both accounting software solutions offered by Intuit, but they serve different types of users and have different feature sets. While QuickBooks Online is a full-featured double-entry bookkeeping system capable of tracking assets, liabilities, income, and expenses of Small and midsize businesses (SMBs) , QuickBooks Self Employed is a simple-to-use…
ACH vs EFT Payments for Small Business Explained
Automated Clearing House (ACH) and electronic fund transfers (or EFTs) are both catch-all phrases for certain transaction types. The main difference between ACH and EFT payments is that EFT is a larger term that refers to any type of digital transaction funded by a bank account, including ACH. Meanwhile, an ACH payment is any bank-funded…
Zoho Books vs Xero: Which Software Is Best in 2024?
Zoho Books and Xero are equally popular accounting software. In our Zoho Books vs Xero comparison, Zoho Books wins because of its advanced inventory management features and flexible pricing tiers. We recommend Xero for companies with large accounting teams: : Small businesses looking for a full-featured accounting program with the best-in-class mobile app : Small…
Bluevine vs Relay Business Checking: Which Is Better For You?
Bluevine and Relay are both excellent digital-only providers. Bluevine’s high annual percentage yield (APY) of 2.0% under its Standard Checking and unlimited credit card cashback rewards make it a great fit for businesses that want to earn competitive interest. Where Relay holds an edge over Bluevine is its ability to streamline cash management processes by…
What Is a Realized vs Recognized Gain?
While realized gains and recognized gains may sound similar, they have distinct meanings. The main difference between realized and recognized gain significantly impacts your tax bill: Realized gain is the tangible financial benefit you receive when selling an asset for more than its adjusted basis. It reflects your overall profit regardless of accounting or tax…
11 Employee Engagement Statistics and Trends for 2024
Employee engagement is an essential aspect of a successful business. It greatly influences employee productivity and turnover rates. An engaged workforce contains individuals who are motivated, willing to go the extra mile, and provide exceptional service. To give you more insight on what makes employees engaged, we have compiled 11 of the most significant employee…