Firms failing to cut out paper payments
Many Australian organisations have failed to make the switch to card and digital payments despite them being touted as cheaper than traditional paper-based ordering processes.
Many Australian organisations have failed to make the switch to card and digital payments despite them being touted as cheaper than traditional paper-based ordering processes.
There is an emerging wisdom today that considers improving cash flow to be a key driver of shareholder value optimisation. It may not be as fashionable, or even as sexy, as a relentless focus on earnings per share but overlooking, or at least failing to prioritise, cash flow optimisation is short-changing shareholders.
Reduced interest rates, increased iron ore prices and economic growth in China have 70 per cent of CFOs feeling confident about revenue growth, with 63 per cent expecting an increase in cash flow this year, according to Deloitte’s latest Quarterly CFO Survey.
Utilities management company Intermoco (ASX:INT) believes it will end Q3 cash-flow positive, after starting to receive revenue from four embedded network projects
Photo booth and internet kiosk company Photo-Me (ASX:PTO) has disclosed it is in advanced talks to reduce its operating costs to turn around a cash outflow
Getting customers to pay up quickly is a critical part of business. Here are 5 ways to ensure that your customers don’t turn into payment laggards