Tagged by: "Cash Flow"
Technological advances are changing accounts payable—not only streamlining processes and increasing efficiency, but potentially elevating the role of Accounts Payable (AP) within a company. Using technology to improve AP processes can enhance interdepartmental collaboration, provide strategic business insights, improve cash flow and save money. Here are some advances you may want to consider. Read More >
You try to streamline your business and run it efficiently, cutting costs wherever possible. But what about accounts payable—do you wish your process was more efficient and less costly? An Association of Financial Professionals (AFP) payments cost survey finds that the median cost to send a paper check is $3—or 10 times more than the cost to send and receive ACH payments. Read More >
If your company conducts business internationally, whether you import or export, you may have noticed how volatile the foreign exchange markets have become recently. The dollar recently hit a 12-year high against the euro and an eight-year high against the Japanese yen.* And the Canadian and Australian dollars recently dropped to six-year lows against the U.S. dollar. Read More >
Ensuring that cash moves smoothly through an organization is one of the most important jobs of busy executives and treasury professionals. You can make that job easier by employing treasury management tools to help improve cash flow, speed collections, increase efficiencies, save on labor costs and reduce risk. The bonus? By automating processes, you’ll free up time to do what you do best—manage the health and growth of your enterprise. Read More >