The accounts receivable (AR) function of a business relies on timely payment for goods and services provided, which can help optimize the cash conversion cycle and help businesses grow. Frictions in the process, however, present companies with hurdles which can directly impact cash flow and...
Even as the economy has recovered, inflation and other economic pressures are continuing to create problems for businesses’ cash flow. Sixty percent of all businesses surveyed said cash flow is a top concern in the current business climate. Supply chain delays add to the problems and create an advantage for businesses...
Forty-one percent of firms in the United States already use the RTP® network to send or receive payments. The recent increase of the network’s transaction limit from $100,000 to $1 million dramatically increases the utility of real-time payments on the network. The increase accompanies such...
July 17, 2023
The accounts receivable (AR) function of a business relies on timely payment for goods and services provided, which can help optimize the cash conversion cycle and help businesses grow. Frictions in the process, however, present companies with hurdles which can directly impact cash flow and reduce operational efficiency. Payment-related delays have been identified as the […]
July 13, 2022
Forty-one percent of firms in the United States already use the RTP® network to send or receive payments. The recent increase of the network’s transaction limit from $100,000 to $1...
October 01, 2023
European retailers are concerned about new rules requiring businesses to be paid within 30 days. As the Financial Times reported Sunday (Oct. 1), retailers say the proposed regulations — designed to support small and midsized businesses (SMBs) — would drive up prices and push them to purchase more from China. “It does not come for free. […]
