Cash flow is the lifeblood of every business, so adequate payment reporting can be the make or break for any company's long-term success. Simply put, cash is to a business is like fuel to an automobile. Not just for starting the engine, but enough must be maintained in the tank to keep it running.
Paying suppliers by paper check can be a nightmare when it comes to cash visibility and payment reporting. Find out about these challenges and how companies can gain better reporting integrity and real-time control of cash with electronic payments - And stop "flying blind"!