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In today’s world of lean treasury staffs and tight liquidity management, getting information even an hour earlier is nothing to sneeze at. So Kimberly Kruczek, treasury manager of $12 billion Parker Hannifin, isn’t sneezing. Since Aug. 22, she has been getting a single, final disbursement presentment by 9 a.m. ET from KeyBank, where the company has its controlled disbursement accounts (CDAs). “It is important,” Kruczek says. “We can’t complete our cash position without the final controlled disbursement account totals. Getting that done earlier allows us to invest or borrow sooner and frees up my morning for project work.”

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