article thumbnail

What Is Cash Management?

TreviPay

The term cash management refers to the process of optimizing the collection and management of cash flow channels. Reduced borrowing costs Reducing borrowing costs through effective cash management can lower interest expenses, improve financial health and preserve credit ratings. What is cash management? and cross-country carriers.

article thumbnail

Top Accounts Receivable Challenges for 2023: Be prepared

Gaviti

Below, we’re reviewing some of the top accounts receivable challenges in 2023 and offering quick ways to shore up your collections process. From marketing automation to cybersecurity to customer support, businesses are applying automation in a variety of creative ways.