Treasury & Cash Management: Payables And Receivables: In the Driver’s Seat

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Global Finance Magazine, September, 2013 Companies taking a best-practice approach to AP and AR management are seeing big cost savings and much-improved cycle times. But revamping processes is no mean feat. Like other former back-office financial processes, accounts payable and accounts receivable have come to t he fore in recent years to t ake a place of prominence within t he broader scope of supply chain and working capital management. That's because accounts payable (AP) and accounts receivable (AR} are critical parts of the bigger financial picture, when it comes to understanding and improving working capital and improving relationships with suppliers. Click here to read the full article on Global Finance Magazine. Download_PDF

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Treasury & Cash Management: Payables And Receivables: In the Driver’s Seat

Global Finance Magazine, September, 2013

Companies taking a best-practice approach to AP and AR management are seeing big cost savings and much-improved cycle times. But revamping processes is no mean feat. Like other former back-office financial processes, accounts payable and accounts receivable have come to t he fore in recent years to t ake a place of prominence within t he broader scope of supply chain and working capital management. That’s because accounts payable (AP) and accounts receivable (AR} are critical parts of the bigger financial picture, when it comes to understanding and improving working capital and improving relationships with suppliers.

Click here to read the full article on Global Finance Magazine.

Download_PDF