An effective cash strategy can help a company achieve its goals. But many companies lack a comprehensive plan, or they do not follow the one they have in place.
Cash shortfalls and fluctuations leave owners scrambling to keep the business running without dipping into personal finances. Stretching payables frees up the cash owners need to get through a cash crunch.
Too often small business owners let cash fluctuations and shortfalls disrupt their business’s operations and put their personal finances at risk. Business cash reserves put owners ahead cash surprises.
Higher capital costs are leading businesses to concentrate on cash management using better data trails from electronic transactions and integration with operational and financial systems.
Managing working capital and keeping tabs on cash flow are imperative to business success. Proficiency in the cash flow cycle can help improve business stability.
Higher capital costs are driving up the value of funds, and companies are turning to electronic payments to speed collections, boost financial efficiency and free up cash.
The unsung hero of many businesses successes is financial management which provides the means to create value and build a competitive edge. Mastering five financial management toolsets can build the systems to power your business’s success.
Business owners should look to simple methods for controlling and managing costs as a way to positively impact their company’s bottom line. Here are three proven cost-savings strategies.
Optimizing your business’s cash flow is more than just monitoring sales; it’s having a full picture of all of your expenses, your investments and your money on hand.
Cost-cutting, smart budgeting, expense comparisons, and improved controls can all reduce business costs and increase overall profitability.
Five important functional areas provide hiding places for additional working capital and improved cash flow. Learn how you can optimize each of these areas and strengthen your balance sheet.
Unrestricted net assets are the key to the financial viability of not-for-profits. Here are four tips from SunTrust to help your organization stay on solid financial footing.
Economic turbulence and policy constraints, among other factors, affect association membership in 501(c)(6) organizations, so it’s important to be creative in identifying non-dues revenue for associations.
Not-for-profit organizations work for the greater good, but that doesn't mean they can't turn a profit—even if they're deemed a tax-exempt organization.
Unlock efficiencies in vendor and partner payment while upgrading working capital management and improving capital efficiency by using electronic payments.
See how one successful small business optimizes its cash flow while taking advantage of opportunities in the marketplace.
SunTrust outlines five cash flow forecasting best practices that can effectively support your business plans.
SunTrust examines key ways small and midsize business owners keep business expenses manageable.
SunTrust research explores strategies business owners have developed to combat the stress of managing expenses.
SunTrust provides guidance on saving time and money when making vendor payments.
Improve productivity in your business by optimizing your basic processes with five tactics identified by SunTrust. Go electronic with payments and collections, outsource non-core competencies, get better deals, manage equipment utilization, and use business process optimization to find opportunities.
Learn how to develop strategies to electronify payments and take advantage of processing efficiency, faster movement through the cash cycle and better control of your business’s capital
Want to control business expenses? SunTrust explains how renegotiating contracts and outsourcing can help cut costs.
Brothers David and Michael Miller are radically changing the insurance business. By prioritizing customer choice and agent success, they’ve grown into a $400 million powerhouse in under a decade.
See how a distributor of outdoor power equipment expanded its offerings with flexible financing from SunTrust.
SunTrust shares four strategies that can help businesses with low fixed capital control costs.
With the availability of information online, buyers are arriving at dealerships with more information about car prices. Here’s how some dealers are making the most of pricing transparency
Effective cash flow management is vital to the success of any business. But the majority of business executives feel they’re falling behind. Learn how to ensure your cash flow management helps more than it hinders.
SunTrust examines resources and tools available to help you improve productivity and cash flow for your business.
SunTrust examines resources and tools available to help you improve customer and supplier payments.
It’s safe to say that healthcare already has one of, if not the most different and complex payment models of any industry.
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Services provided by the following affiliates of Truist Financial Corporation: Banking products and services, including loans and deposit accounts, are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, and SunTrust Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by SunTrust Investment Services, Inc. and BB&T Securities, LLC, P.J. Robb Variable Corp., and Precept Advisory Group, LLC, which are SEC registered broker-dealers, members FINRALink opens a new window, SIPCLink opens a new window, and a licensed insurance agency where applicable. Investment advisory services are offered by SunTrust Advisory Services, Inc., GFO Advisory Services, LLC, BB&T Securities, LLC, Sterling Capital Management, LLC, and BB&T Institutional Investment Advisors, Inc., each SEC registered investment advisers. BB&T Sterling Advisors, BB&T Investments and BB&T Scott & Stringfellow, are divisions of BB&T Securities, LLC. Mutual fund products are advised by Sterling Capital Management, LLC. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank now Truist Bank.
"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of Truist Financial Corporation: SunTrust Bank now Truist Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., a registered broker-dealer, which is a member of FINRALink opens a new window and SIPCLink opens a new window, and a licensed insurance agency, and which provides securities, annuities and life insurance products; SunTrust Advisory Services, Inc., a SEC registered investment adviser which provides Investment Advisory services.
SunTrust Private Wealth Management, International Wealth Management, GenSpring, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are marketing names used by SunTrust Bank now Truist Bank, SunTrust Investment Services, Inc., and SunTrust Advisory Services, Inc.
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRALink opens a new window and SIPCLink opens a new window.
Thank you for choosing SunTrust now Truist. We welcome the opportunity to serve your financial needs. While SunTrust and BB&T have merged to become Truist, both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees, and pricing.
Our friendly teammates at your local BB&T branches will be happy to walk you through their products. You can also learn more by contacting them at 1-800-BANK-BBT or BBT.com.