There are many ways your app process can be slow, but here are some of the most common:
You receive electronic group payments for multiple charges at any time. If you don’t use an account balancing system and only sell a few services, not knowing how to split your payments between bills can be a pain.
This is very common in the B2B world, as companies often develop good working relationships, and work begins before payment is received. Once the payment is received, they need to figure out where to apply Cash.
The system you are using for processing does not have automatic reconciliation. The best cash-handling systems standardize payments as much as possible, using order numbers and account numbers to match payments to bank accounts. This lack of functionality creates more work for your accounting team.
You make all your money requests manually. This is an unsustainable and expensive way to grow your business. If you receive a lot of bills, you need a modern POS application system.