Cash flow can make or break your business. With an efficient cash flow management strategy, businesses can drive their growth plans. A US Bank study has disclosed that a whopping 82% of businesses failed due to poor cash flow management. The thumb rule of any business is ‘your expenses should never exceed your existing cash’….
Month: September 2022
Automated Reminders to Debtor: Future of Business Finance Management
Late and delayed payments from debtors are a severe problem for every business. Delay in payments is not an issue that can be overlooked. Many companies face financial troubles due to late payments from debtors. Late payments impact the cash flow of a business. These delays lead to complete business shutdowns on some occasions and…