Cash Flow

Directing Payments

Financial Efficiency and Better Cash Management with Electronic Payments

Directing Payments
 

Businesses looking for financial process efficiency, cash management visibility and effective fraud prevention would be well served to start with the payments strategy and the electronification of payments. Payments strategy sits at the core of a business’s financial operation, tying together the daily work of paying vendors and partners with the financial task of managing working capital and improving capital efficiency. According to SunTrust Research, business executives say they want to boost the amount of payments sent electronically by 40 percent.

 

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