Converting Payments Into Cash: MONEY IN THE BANK

CASH FLOW MANAGEMENT

Converting Payments Into Cash: MONEY IN THE BANK

BY Robert Inkaka Kanyamanza

Many businesses fail to close the loop quickly enough on their cash to cash cycle. Remember, the sooner you turn customers’ payments into usable cash, the sooner you can pay bills, reduce your credit line or reinvest. – all important facets of a healthy business circulation system.

Your bank can help speed up this cash cycle, particularly – but not exclusively – by helping you taking advantage of the new e-payments environment that is now friendly to businesses of all kind. Web-based product have removed all the traditional barriers of high costs and complex software integration with accounting packages. They have brought the cost of enrollment down, and standard accounting software now lets anyone create the kinds of basic payment files that allow you to share necessary client and supplier information with your bank.

So take note: E-payments are now viable at much lower volumes.

In the same line of thinking ROBERTKA Business Solutions specialists will look at the now many options on our hands, chief among them:

  • Direct payments
  • Lock box
  • Receiver Service and more

So stay tuned for these coming important information or for a hasty application contact us at:

ROBERTKA Business Solutions
We will speed up your success

 

RELATED POSTS:
HOME
Getting Paid: A. Basic Collection Practices
Getting Paid: B. Your First Line of Defense
The Concept of liquidity
The Secret to Maximizing Cash Flow
Getting Paid: In Between Payments Calls
THE CARROT AND STICK APPROACH
Converting Payments Into Cash: MONEY IN THE BANK
Converting Payments Into Cash: DIRECT PAYMENTS

 

About ROBERTKA Media.Inc 178 Articles
We are a Media and Communication Company specialized in the production of business information contents, financial and management notions and analysis. We also produce and publish World and African business headline news. We mostly focus on producing text and video analysis covering worldwide economic, commercial, management and financial trends which have a strong leaning and inclination on African businesses and affaires. We publish under the banner of our consultancy house: ROBERTKA Business Solutions.inc Join the conversation!

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