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.
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.
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
When banks lend your business money, they ask for guarantees in the form of loan covenants. Here’s what those terms mean for you.
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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