The Ultimate Qashiopedia
Integrations
Seamless connection between Qashio’s expense management software and external systems, including a range of ERP and accounting software, to ensure automated transaction processing, reconciliation, and reporting. Qashio supports integration with popular ERP and accounting software, ensuring that data syncs seamlessly between systems for efficient financial management. Commonly integrated platforms include Oracle, Oracle NetSuite, Intuit QuickBooks, Zoho, Microsoft Dynamics 265, SAP, Xero, Sage, Tally, and Odoo, with the flexibility to connect with additional software on request. This streamlines financial operations, reduces manual entry, and enhances accuracy across all transactions.
Interchange
Interchange, specifically the interchange fee, is a charge that a merchant must pay to the relevant processor for processing card transactions made using debit or credit cards.
Interest Rates
An interest rate is what a borrower is charged by a lender, expressed as a percentage of the total amount loaned, known as the principal. Additionally, it can refer to the rate earned from a financial institution on various savings.
Invoice Financing
Companies can utilise invoice financing to acquire short-term debt by borrowing against invoices that customers have yet to pay; these receivables are often used as collateral. Businesses may choose invoice financing to avoid potential liquidity issues.
Invoice Management
A feature that allows businesses to upload, track, and manage vendor invoices directly in Qashio for faster payment processing and reconciliation.
Invoices
Bills issued by vendors or suppliers to the company for services or goods. Admins can upload invoices into the system for processing and approval. The invoice approval workflow determines who must review and authorise payments based on the department and the amount.
Issuer
Commonly referred to as a legal entity that finances its operations through the registration and sale of securities. An issuer can be either public or private, and securities can range from stocks, credit cards, bills, notes, or other derivatives.
Issuer Processor
The entity that authorises or declines transactions for the card-issuing institution while maintaining the cardholder data system of records. An issuer processor also communicates with settlement companies and facilitates card issuance.
Joint Credit
Joint credit refers to any type of loan that is based on the combined financial health of two or more individuals, including their assets, incomes, and credit histories. Joint credit is typically used when one party has a deficient credit score or when parties need a higher limit; they share the repayment obligations and potential impact on credit scores.
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