cash-management
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Top StoriesAnalysis-Investors face expensive quest for year-end cash and safe assets
Cash vs. card: What is the best option for protecting your money?
Date: November 11, 2022
By Jairo Riveros, chief strategy officer and managing director of the U.S. and Latin America at Paysend We’ve all heard about credit card fraud which can happen both physically and virtually, but using cash also carries risk. Either way, using cash or a credit card can leave you vulnerable, but what if one could be...
Xerox shares slide as annual revenue, cash flow forecasts take a hit
Date: October 26, 2022
(Reuters) – Xerox Holdings Inc’s shares plunged about 25% to 13-year lows on Tuesday after the photocopy maker slashed its annual revenue and cash flow forecasts, blaming a stronger dollar and a slower-than-expected recovery in global supply chains. The hybrid work environment has amplified the pressures on the company already struggling with firms and consumers...
GE cuts full-year earnings forecast on troubles at renewable energy business
Date: October 25, 2022
By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) -General Electric Co on Tuesday trimmed its full-year profit forecast after reporting a decline in third-quarter earnings, primarily due to higher warranty and related reserves at its renewable energy business. The company, however, reported much higher-than-expected free cash flow. Its quarterly revenue also topped Wall Street’s estimates....
Access to finance is crucial for SMEs amid the cost-of-living crisis
Date: October 14, 2022
By Ion Fratiloiu, Chief Commercial Officer at Channel Capital Advisors LLP The cost-of-living crisis is often portrayed as a consumer issue, but its impact on businesses has been huge. Globally, companies are having to tackle higher energy bills, overheads and supply chain costs, while also looking to support staff amid higher inflation. Naturally, smaller businesses with...
How freelancers can protect themselves from the scourge of late payment culture
Date: October 14, 2022
Written by: Lynne Darcey Quigley, Founder of Know-it Soaring inflation, the rising cost of living, and whispers of a recession on the horizon have all compounded together to create a volatile environment for business owners to navigate. For freelancers, their experience of the current financial climate will be far more uncomfortable compared to that of...
BNPL isn’t bad, or even new – it’s just made for business
Date: October 12, 2022
By Matthew Tyrrell, APAC Commercial Director at Codat While the Buy Now Pay Later (BNPL) sector is going through tumultuous times, the fundamental concept is still sound – the trouble is that paying later was designed to support the cash flow of business customers, rather than consumers who can’t wait until payday. Consumer-focused BNPL providers...