Cash is king, credit is scarce, and stubborn clouds of uncertainty refuse to dissipate. In this time, maintaining a strong balance sheet and an eye on cash flows is a prerequisite for business leaders seeking to master the twin near-term imperatives of viability and maneuverability.
Scrutiny on money flows outside the four walls of a company, [...]

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Last week, Peter Smith, VP at Citi Global Transaction Services, hosted the webinar “Leading Strategies in Cash Disbursements” and presented some very interesting findings (replay here). Recent research by Citi shows that we are coming into a ‘recovery’ period, with the markets rewarding companies with high liquidity ratios. To hasten time to recovery, [...]

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In recent months, the liquidity crisis that left companies with little cash for the last year has eased somewhat. Today the Huffington Post reported on a benefit some small companies and their employees are seeing as cash flow improves; the return of company bonuses.
For example, the owner of a logistics company in Michigan who was [...]

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Like other sectors of the economy, news from the credit markets are a mixed bag of good and bad news. On the one hand, you have signs that consumer credit is loosening, which obviously helps the consumer driven US economy and possibly indicates loosening of business credit as well. But then on the other hand, [...]

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An article on SupplyManagement.com last week highlighted the results of a survey of top concerns facing UK suppliers. Long-time Supply Excellence readers won’t be surprised to find that “late payments” were the #1 cited issue AND that those payments are being extended even further by the suppliers’ larger customers. Notably, “securing access to finance” [...]

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