Blogs

When operating a successful business, understanding what impacts cash flow within your organization is key. Below are several areas to help monitor your cash flow, and provide guidance on how to fix issues over time. By considering the following, you will be able to respond to changes in a timely manner and properly plan for future expenses. Working Capital McKinsey & Company shares 1 that having some basics in place around working capital can release an unexpected amount of cash. “That’s everything from the discipline around how you pay your suppliers’ invoices on time—not too early, not too...

Every business owner’s story is unique, yet many will reach a point where they ask the same question – how can I help my business grow? Sometimes the answer to that question is a loan, and knowing ahead of time what lenders will look for can help you simplify the process and secure financing faster. A business loan or line of credit could enable you to take on larger projects and manage business growth, while maintaining positive cash flow. Bankers want to know your plans for financing, followed by what your aspirations are for growing your business. Bankers also consider the “Five C’s,” which...

This presentation focuses on specific types of fraud businesses should watch for. You will gain knowledgeable insight from our team of treasury and payments experts, along with forensic accountant and industry expert, Tim Tribe, Managing Member of Ingen Financial Forensics. Topics include shifting fraud trends in the payment environment, common types of fraud that impact businesses, best practices and steps companies should take to mitigate risk and protect processes and operations. View Full Webinar Presentation View Full Webinar Presentation View Full Webinar Presentation View Full Webinar...

Protecting your business from increasingly sophisticated fraud tactics is a challenge, especially in the continuing remote and hybrid working environment. As businesses have evolved their payment strategies and operational controls in this “new normal”, fraudsters are adapting to take advantage of vulnerabilities created in this changing landscape. Our bank experts share shifting fraud trends in the payment environment, fraudsters’ evolving sophisticated tactics, common types of fraud that may impact your business as well as best practices and steps you can take to mitigate risk and protect...

A mass-scale response to the dangers and uncertainties of the Covid-19 pandemic and the Great Resignation have left many scrambling to slow their attrition rate and shape employee retention plans to insulate themselves from the fallout. Businesses need to reconsider their retention policies and compensation structures if they hope to navigate the uncertainty successfully. Jump To... Calculating attrition rate | The Great Resignation | Wage pressure | Wage forecasting | Scenario planning | Expanding Candidate Search | Redefine Productivity | Benefits packages | Childcare and parental leave |...