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Top Three Treasury Management Articles of 2016

We're sharing our top three most popular treasury management articles of 2016. Read them to help drive your cash management to the next level.

We're sharing our top three most popular treasury management articles of 2016. Read them again, or read them for the first time, to help drive your cash management to the next level.

 

#1: How Your Company Can Benefit By Using ACH/eCheck

In recent years, more and more businesses across a wide range of industries have been realizing the benefits of making and receiving payments electronically using Automated Clearing House (ACH), also known as eChecks and electric funds transfers (EFT). Approximately 22 billion ACH transfers are processed annually, totaling nearly $40 trillion.
 
According to Katrina King, treasury management executive for Cadence Bank, the main alternatives to ACH for making and receiving payments are paper checks, credit/debit cards and wire transfers. “ACH offers a number of benefits when compared to these options,” she says.
 

 

#2: How One Florida Collection Agency Benefits from Remote Lockbox

 
Companies have been using lockbox services to streamline the receivables process, improve access to funds and maximize cash flow for more than a half-century. Now, technology has enabled a new twist on the lockbox: remote lockbox.
 
Vengroff Williams, a collection agency located in Sarasota, Fla., started using remote lockbox services from Cadence Bank in early 2015. They had been using remote deposit capture in order to deposit checks from debtors remotely from their headquarters location. However, this service did not meet their needs for capturing and storing remittance documents associated with the checks.
 

 

#3: How Two Businesses Benefited from Treasury Management Integration and Automation – And Yours Can, Too!

 
The typical corporate treasury manager today is deluged with data. His or her biggest challenge usually isn’t accessing the right financial data — it’s organizing and integrating the data.
 
Data organization and integration is especially challenging when you consider just how much information is flowing into most companies today. To maximize the value of all this data, companies need technology that will help them incorporate the data into their internal systems while automating manual treasury management processes.
Read the full article.

 

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