Businesses with low fixed capital have fewer resources to trim when it comes to cutting costs, but there are other ways to save on expenses. Learn four strategies that work for small and midsize businesses.
Updating internal processes can yield big savings for your midsize company. Listen to these stories from two SunTrust clients who used new payment types, technology and market intelligence to dramatically reduce costs.
New regulations under the Affordable Care Act, along with a shift to more online payments, have led to big changes for healthcare companies. Listen to these expert tips to learn how businesses in the healthcare industry can update their internal processes and stay on track with receivables.
Bill Longan, Senior Investment Advisor, SunTrust Foundations & Endowments Specialty Practice and Thomas W. "TJ" Aldous, Jr., Attorney with Williams Mullen discuss the importance of understanding the Uniform Prudent Management of Institutional Funds Act (UPMIFA).
As younger generations are engaged in gift making decisions, differences can be
more apparent. In anticipation of this, it is important for families to have a conversation about succession plans and how
to pass on the tradition of giving.
Establishing an effective spending policy for a foundation or endowment means balancing current and future needs. Listen to this podcast for best practices for creating a sustainable spending policy that serves your institutional mission.
When looking at your accounts payables, be mindful of supplier financial health, and think pragmatically about the impact of delayed payments on suppliers - and how that might impact future purchasing costs.