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Early in my career as a controller for a small, privately held company, the owner of the business ingrained in me the saying “It’s not a sale until the money is in the bank.” Getting paid is the final step of the sales process, so why shouldn’t finance borrow some basic sales tactics in order to ensure invoices are paid in a timely manner?
Businesses with U.S. ties have seen share prices drop after visits from the Dublin tax inspector. Some executives are reconsidering Irish expansion plans, while others move forward undeterred.
Congratulations to Microsoft for winning the 2018 Gold Alexander Hamilton Award in Liquidity Management!
For the largest U.S. organizations, the cash conversion cycle continues to shrink, driven by extensions in payment terms. But some companies have a lot of ground to cover before they reach the working capital efficiency of the top-tier firms.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.
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