Legacy cross-border payment methods that may have been inconvenient but endurable in 2019 no longer serve firms’ needs in 2020. Last year saw 68% of companies using wire transfers to transact with international business partners, but more firms are now regarding this approach as too...
Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. They can confront problems ranging from incorrect invoices and...
Duplicate invoices, delayed payments and other complications usually require tedious — and often inaccurate — manual accounting processes that can cause capital management headaches for businesses' treasury teams. But incorporating data analytics could help these firms spot and eliminate these inefficiencies, Katie Stein, chief strategy...
Handling accounts payable (AP), accounts receivable (AR), cash flows and other capital management tasks is an inescapable reality for almost every business that deals with inventory and sales, but these commonplace processes are fraught with obstacles. Sixty-three percent of businesses in the United Kingdom have...
December 01, 2020
Legacy cross-border payment methods that may have been inconvenient but endurable in 2019 no longer serve firms’ needs in 2020. Last year saw 68% of companies using wire transfers to transact with international business partners, but more firms are now regarding this approach as too friction-heavy. Businesses also may find paper checks to be untenably […]
