Treasury & Risk

Manual AR Slows Cash Forecasting

Treasury departments where manual processes are still prevalent are struggling with getting timely information on accounts receivable, according to a recent report from Boston consultancy Aite Group. That slow stream of data on payments impedes a company’s ability to accurately forecast cash flows, which has become critical in uncertain economic times. For example, paper checks

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Virtual Meeting Rush

More companies are using virtual worlds for training and gatherings while new technology aims to make them a mainstream reality. Accountant, CEO and executive director of the Maryland Association of CPAs, Tom Hood might not look like the kind of guy who spends a lot of time in an imaginary world. But he does–at work.

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