Driving Success: The Importance of Accounts Receivable Management in the Transportation Industry
Accounts receivable management is a crucial function for any business, and it is no different for the transportation industry. Effective accounts receivable management can help the transportation industry grow by improving cash flow, strengthening customer relationships, and enhancing the overall financial health of the business. One of the primary ways accounts receivable management can help […]
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Revving Up Revenue: How to Use Accounts Receivable to Drive Growth in the Transportation Industry
The transportation industry is continually evolving, and so too is the way that companies manage their accounts receivable. Advances in technology, changes in customer payment preferences, and new regulations are all shaping the future of accounts receivable management in the transportation industry. In this article, we will explore some of the emerging trends and technologies […]
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Navigating Payment Disputes in Transportation: Best Practices for Effective Accounts Receivable Management
In the transportation industry, payment disputes can be a significant challenge for companies to navigate. Disputes can cause delays in payment, damage customer relationships, and even result in legal action. Therefore, it is essential for transportation companies to have effective accounts receivable management strategies in place to avoid payment disputes and resolve them amicably when […]
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Federal Reserve Adjusts Interest Rates: Signaling the Job’s Not Done Yet
The Federal Reserve is expected to announce a 25 basis-point increase in interest rates on February 2, 2023, bringing the benchmark to a target range of 4.5% to 4.75%. This comes after the December 2022 increase of 50 basis points and four 75 basis-point hikes in the previous year. The Federal Open Market Committee is […]
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