Business owners know that data entry errors can lead to a lot of wasted time and money. But they also may not realize the extent to which those errors could be avoided by taking small precautions. For example, if you’re processing payments for multiple entities, systems must check the data from those entities before being processed in your systems. This will ensure that there are no conflicts with other transactions or accounts and allow you to identify and fix any potential problems before they start costing you money.
Let’s take a closer look at what this means and why it’s important:
