‘Activity-based billing’: the right move for managing cash flow?
More and more small and midsize businesses are changing the way they charge their customers — and in most cases, it’s music to a CFO’s ears.
More and more small and midsize businesses are changing the way they charge their customers — and in most cases, it’s music to a CFO’s ears.
More and more frequently CFOs are becoming CAOs. And we don’t mean Chief Accounting Officers … we mean Chief Agility Officers. The prime example? Forecasting. Today a full 25% of your peers update their company’s forecasts on a weekly basis. So finds The Corporate Cash Management Playbook, a PYMNTS collaboration with Red Hat, Infosys Finacle […]
Employees are realizing just how much money they have left in their flexible spending account (FSA) for this year.
Quick: How accurate would you say your company’s cash flow forecasts are?
In a perfect world, A/R would always be busy receiving payments from your customers and there’d be no lag between making a sale and getting the payment. But, unfortunately, that’s not the case.
The financial reform bill’s basically a done deal. So how will it change your day-to-day job?
Since the pandemic began in 2020, B2B cash application – the process of matching a payment from a customer to the corresponding invoice being paid – has been slow and inconsistent at times for many supplier companies. Part of it is caused by supply chain issues, part of it’s due to a remote workforce, and […]
Many finance pros will tell you “Not much changes in Collections.” And that makes your job that much tougher.
B2B late payments can be a potential major pain point for your company, leading to late fees, missed opportunities for early payment discounts, duplicate payments when a vendor sends a second invoice for the same bill and other problems. Research shows a notable number of A/P pros are struggling with B2B late payments. A recent […]
The numbers are in — more employees are focused on retirement. Too bad they’re not prepared for it.
It’s open enrollment season at many companies, which means most employers will be doing all they can to get employees saving for their golden years. This data just might do it.
Your peers and your A/R team are concerned about delayed and re-negotiated B2B payments. Research from The Hackett Group found that many companies took even longer to pay suppliers during the first half of 2021 than they did at the start of the pandemic in 2020. And last year, The Wall Street Journal reported that […]
Finance deals in numbers all day. But how often are you generating numbers to find out how efficient your finance team is?
Boosting sales is just one key to boosting cash flow, and it requires having the right people who know what they’re doing. You may have the people, but are they good conversationalists?
There are many talented candidates out there right now, but how can you be sure your firm can afford to add staff ?
We’re all looking for ways to boost cash flow. And one of the best tools to do that may be under your nose as we speak.
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