Having a well-established process for receivables management is essential for achieving optimal cash flow. The goal of account receivables management is to achieve an optimal level of trade credit to offer customers and handle that credit. Selling on credit is...
According to a survey conducted during the CFO virtual agenda, almost 30% of senior finance executives revealed that they had recognized order to cash automation and invoice reconciliation as a necessity in the aftermath of Covid-19 pandemic. Automatizing manual, noncomplex...
During these extraordinary times, governments in several countries were quick in supporting consumers facing a tough economic crisis. Households and businesses alike are increasing their already all-time high debt levels due to the worlwide spread of the coronavirus. How will...
Global stocks, U.S. government bonds yields, oil prices, and all market indexes tumbled Thursday, extending losses as investors expect a steep drop in business activity and corporate earnings following the spread of the coronavirus in Europe and in North America. The...
The Wall Street Journal reported today that the US government will forgive $207.4 billion in student debt for Americans who take out loans over the next decade. Borrowers attending graduate or professional school will receive the biggest benefits. The government will...
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