Overcoming working capital shortfalls is a challenge that many businesses face. Working with Cadence Bank, specialized manufacturer Cougar Holdings has solved their working capital challenges and positioned themselves for greater future growth. Learn how your business can utilize financing to meet working capital needs.
Believe it or not, 2016 is nearly halfway over! This makes now a good time to analyze your business’s 2016 performance so you can see how you’re doing in relation to your goals and make any necessary course corrections. This posts details the four areas of your business that you should examine as part of your mid-year self-audit.
Companies need technology that will integrate information from their bank into their internal accounting and financial systems while automating repetitive manual processes. This allows companies to maximize the value of the mountain of business and financial data they interact with daily.
Now you can digitally and remotely deposit checks at a higher accuracy rate with remote lockbox services through Cadence Bank. Within one year of switching, Vengroff Williams, a collection agency in Florida, increased their accuracy to 99.5 percent from 95 percent and cut 8 percent of labor cost. Learn how your company can be more effective and maximize cash flow using remote lockbox.