In fact, accelerating to real-time settlement will reduce banks’ ability to continue their current fraud-prevention tactics.
As companies attempted to shore up liquidity amid the pandemic, the cash conversion cycle lengthened 13 percent. Here’s how to look at payables and receivables going forward.
Treasurers and cash managers played a key role in helping businesses adapt to myriad challenges over the past year. Here are ways they can now drive sustainable, long-term growth, as well as respond to short-term issues.
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