Fresh Thinking: Insights + ResourcesInformation Created to Address Your Business’s Top Challenges and Concerns. To Spark Transformative Thinking and Problem Solving.
Beyond Traditional Treasury Management: Making Treasury Your Strategic Advisor
Too often, businesses view their treasury manager through the "transaction" lens. But today's bank treasury management specialists are equipped to provide much more than just transaction processing. Savvy finance and treasury executives are proactively working to go beyond traditional treasury by making the bank treasury management team a key strategic advisor. Bank treasury management specialists can add tremendous value.
Payment Exceptions: How to Limit Them
Practically any business that receives payments electronically has had to deal with payment exceptions. Exceptions are payments that, for one reason or another, cannot be posted accurately upon receipt by billers. While the exception rate for all bill payments is only about one-half of one percent, this adds up to an estimated 130 million payments each year that require exception handling.
Automated Payments Can Improve Your Company's Bottom Line
"Time is Money" is more than just a cliché when it comes to migrating to an automated payments system, significantly improving a business' capital management productivity. Yet some companies continue to confront time, cost and efficiency challenges by operating with laborious and cost intensive manual and paper-based processing. Why? Paper may be to blame, at least in part. The majority of companies - to the tune of 74 percent - receive their invoices in manual
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