BLOG

Finding the Best Bill Payment System for Your Church’s Finances

Finding the Best Bill Payment System for Your Church’s Finances

When operating a church or any other non-profit organization, you face unique challenges compared to most other businesses. Oftentimes, key signing members are not available every day due to other time commitments, your administration staff may be made up of...

Top 5 Advantages of Automating Accounts Payable

Top 5 Advantages of Automating Accounts Payable

Digital transformation is nothing new; while businesses have been implementing digitized systems for years, accounts payable automation is one area that has been met with resistance. For many business owners, there’s a comfort in being able to hold a paper bill in...

What makes SparcPay the top AP automation software

What makes SparcPay the top AP automation software

Over the past several decades, our lives—and businesses—have become increasingly digitized. This has led to us all juggling a patchwork of apps and services to manage our tasks and complete them on time. After fumbling through using the many tools available ourselves,...

SparcPay’s Payment Processing for Restaurants

SparcPay’s Payment Processing for Restaurants

Processes related to running a restaurant have become increasingly digitized over the past decade – and both restaurants and staff have benefited greatly from these new technologies. From point-of-sale and front-of-house systems that run on iPads, to online...

Vendors Love Getting Paid by SparcPay

Vendors Love Getting Paid by SparcPay

Vendors getting paid by cheque “The cheque’s in the mail.” Who in accounts receivable hasn’t heard that threadbare line? And why is it uttered so often by clients to vendors seeking to square up accounts? There are a few reasons: Clients haven’t actually paid and are...

Virtual Approval—Anytime, Anywhere, Any Device

Virtual Approval—Anytime, Anywhere, Any Device

Here’s a staggering stat for you: In North America each year businesses lose over $75 billion to payment friction. A good chunk of this friction is generated by the processing of invoices using conventional analog accounts payable methods. According to industry...

Goodbye Cheques, Hello SparcPay!

Goodbye Cheques, Hello SparcPay!

Disadvantages of cheques Many organizations would be surprised—possibly even shocked—to know just how much time its employees spend each month writing, processing, sending and verifying cheques. Time is spent loading the printer with cheque stock, printing the...

SparcPay’s Seamless Integration with QuickBooks Desktop

SparcPay’s Seamless Integration with QuickBooks Desktop

Intuit is making a big push to transition QuickBooks users from desktop versions to the cloud-based QuickBooks Online. However, many accountants are loyal to QuickBooks Desktop - aka QBD - Intuit's locally installed legacy accounting software. To ensure that...

SparcPay – A Grocery Store Payment Software Solution

SparcPay – A Grocery Store Payment Software Solution

Grocery stores stock a myriad of goods from multiple suppliers, all of whom need to be paid—a process that, using conventional operating systems and manual processes, is time consuming and costly. The SparcPay app saves grocery stores time and money paying their...

SparcPay Integration With QuickBooks Online

SparcPay Integration With QuickBooks Online

QuickBooks is an accounting software package developed and marketed by Intuit, an American business software company. First introduced in 1983, QuickBooks products are geared mainly to small- and medium-sized businesses. QuickBooks has on-premises accounting...

SparcPay—An Automated Payment System for Business

SparcPay—An Automated Payment System for Business

In far too many small- and medium-sized enterprises, fundamental business operations and accounting processes are beset with friction—the force that resists motion. Operations and processes subject to friction move slowly and sometimes grind to a halt. Friction can be...

What Is An Audit Trail And What Are Its Benefits?

What Is An Audit Trail And What Are Its Benefits?

An audit trail is a system of recordkeeping that ensures that all steps of a financial transaction are physically and/or digitally documented, thereby establishing the transaction’s legitimacy. Without an audit trail, a financial transaction is, at best, suspect, and...

Sparcblock Selected By Intuit Prosperity Accelerator

Sparcblock Selected By Intuit Prosperity Accelerator

The Intuit Prosperity Accelerator is a partnership between Intuit Canada and Highline Beta, where a cohort of global seed-stage tech startups will help solve specific pressing financial prosperity challenges that Canadian consumers, self-employed and small businesses...

The Meritus Group Leads With Contactless Payments

The Meritus Group Leads With Contactless Payments

The Meritus Group, a leading property management company switched to digital approval and payment to replace outdated paper payables processes. "When we launched SparcPay one of the advantages was the protection of managers and board members. By minimizing the paper...

Working Virtually When You Have Signing Authority

Working Virtually When You Have Signing Authority

Social distancing, self-isolation, and working remotely are important tools to protect our communities from the spread of COVID-19. What about those people that have cheque signing authority - can they maintain these practices while still making the payments that are...

It’s 2020 – Can You Let Go Of The Cheque Now?

It’s 2020 – Can You Let Go Of The Cheque Now?

It's hard to let go of the cheque! According to the latest Payments Canada report, organizations still write 460 million commercial cheques in Canada each year. That's down slightly, but still a huge number. It spells opportunity for organizations to save money by...

Convenience and Control

Convenience and Control

City Sites Property Management, a leader in providing creative solutions for property management, was also the first property management company in Canada to implement SparcPay as a value added service which is now available to all their clients. Their Vice-President,...

Attention Board Members

Attention Board Members

If your association, church or non-profit is still asking board members to sign cheques, why not try SparcPay - a secure digital approval and payment app that saves time and money. Please share this to others you know that serve on volunteer boards...

Earth Day

Earth Day

Canadian businesses and not-for-profit organizations consume 75,000 trees per year issuing paper cheques to suppliers. Being good to the earth is also good for your bottom line - paperless payments save over 50% in transaction costs.

It’s Time to Stop Signing Cheques

It’s Time to Stop Signing Cheques

How many of us still refer to an encyclopedia, look up a number in a phone book, or get directions from a paper map? For that matter how many of us still use personal cheques to pay bills? We stopped using these obsolete tools years ago, or are too young to have ever...

AMJ Campbell Moves First With Blockchain Technology

AMJ Campbell Moves First With Blockchain Technology

AMJ Campbell, Canada’s largest mover, is also a first-mover with blockchain technology to streamline and secure their accounting processes, having successfully transitioned from paper cheques to a paperless digital payables process using blockchain. "Blockchain is a...