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Shopify’s Double-Edged Sword: Tackling Accounting Complexities with Automation

Retail TouchPoints

However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and often underestimated task of recognizing and booking revenue in the ecommerce domain. In addition to non-compliance with GAAP, inaccurate revenue recognition can lead to failed audits and poor business decisions based on skewed data.

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It’s Official – Amazon is an Ecommerce Enabler First and a Retailer Second

Retail TouchPoints

Dharmesh Mehta, VP of Worldwide Selling Partner Services at Amazon , is celebrating his 10th anniversary with the company this year, and so he kicked off the fourth annual Amazon Accelerate conference for sellers by comparing the differences between the ecommerce platform today and 10 years ago.

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How CarMax Digitized, and Personalized, the Car-Buying Experience

Retail TouchPoints

A car is one of the biggest purchases most consumers make, but the process of buying one, especially used, has long been one of consumers’ most dreaded retail experiences. From the moment it debuted in 1993, CarMax set out to change that with a focus on honest sales interactions and simplified processes.

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What is Equipment Finance?

Small Biz Trends

One option is to take out an equipment loan, which is a type of financing that allows you to purchase new or used business equipment by borrowing money from a lender. In this article, we’ll discuss financing for equipment, including how it works and what you need to know before you apply. What is Equipment Financing for Startups?

Finance 98
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Blockchain applications in retail

Inside Retail

Now, blockchain is building on the foundations of both by influencing everything from payments and loyalty programs to retail locations and supply chains. Building payments with blockchain The idea that a major retailer could provide its own stablecoin, or fiat-backed cryptocurrency, is tantalising. It comes with two big caveats.

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Airwallex helps Poppy Lissiman save six figures, avoid the conversion trap

Inside Retail

For retailers dealing with global customers and suppliers, the cost of international payments can significantly impact their bottom line. Every international dollar a business generates may be unnecessarily converted up to three times and attract fees at each conversion.

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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. Source: ICSC Financial concerns also affect how Gen Z pays for things: 45% use debit cards, 21% prefer cash, and credit cards come in third at 17%.