Blogs

Article | 3 min |
No one can foresee what the future holds for any business but having business emergency funds available can help with keeping afloat during difficult times. Let’s dive into business emergency funds: what they are, how to calculate how much to save, how to set up an account, and strategies that may streamline the whole process. What Are Business Emergency Funds? An account earmarked for business emergency funds provides you with a nest egg to use for emergencies and new opportunities that fall on your business doorstep. Also called cash reserves, capital reserves, retained earnings, or...
Article | 5 min |
The current economic environment is incoherent and unpredictable, and the gap between available labor and expected growth grows wider every day. A pivot in consumer behavior toward eCommerce seems to have led to a noteworthy overhaul of supply chain management processes. The traditional business model—with its focus on shipping bulk to stores and distribution centers—has been disrupted by eCommerce, requiring adjustments in operational structures and labor requirements. Warehousing has taken on a new role with much more expansive and complex operations. The eCommerce market in the United...
Article | 3 min |
Rewind the clock about 15 years, and you won’t likely hear many business leaders expounding on the benefits of supply chain transparency. Today, however, it’s top of mind. Many consumers are more focused than ever on company sustainability, and production transparency can be an essential part of meeting their demands. But what full supply chain transparency looks like in practice is difficult to define. In the broadest sense, supply chain transparency encompasses the entire production process, from sourcing the raw ingredients for a product to its delivery to consumers. Many businesses have a...
Article | 5 min |
The past several years have witnessed a fundamental shift in how many people view sustainability worldwide. Moving forward, understanding—and centering—the three pillars of sustainability may be crucial to thriving as a business. While there are other factors at hand, it seems the Covid-19 pandemic provided an inflection point for many individuals. A 2021 study spanning 24 countries found 58% of adults are more mindful of their environmental impact than ever before as a direct result of the pandemic. Furthermore, 85% are willing to change their personal lives to combat the planet’s...
Article | 5 min |
To thrive in 2023 and beyond, many executives have realized the importance of pivoting toward technological innovation. Treasury management solutions are one of many ways your company can grow by tracking its operational finances and commercial commitments more efficiently. Automated software helps companies track real-time data for liquidity, cash and debt management, cash-flow forecasting, and payment reconciliation. Treasury management solutions also streamline your accounts payable, avoiding costly late fees and interest charges. Some business leaders think they’re saving money by leaning...