Accounts receivable (AR) and accounts payable (AP) have historically been entirely separate functions in the back office. But FinTech innovators are beginning to explore the concept of bridging the gap between these two intrinsically connected workflows. After all: one company’s accounts receivable is another’s accounts...
The Hackett Group released its annual Working Capital Performance of Top U.S. Companies report last week, signaling strength in U.S. corporates’ working capital performance. According to analysts, last year, the largest 1,000 non-financial enterprises in the U.S. showed their strongest performance in working capital management...
Financial software firm Misys had a bit of a roller coaster year in a market constantly in flux. The U.K. company canceled its IPO last October, citing “current market conditions” as its reason behind deciding not to pursue an estimated $7 billion float on the London Stock Exchange....
