Sometimes customers won’t pay on time - sometimes they just need a gentle reminder. Other times, collecting payment may take some grueling work.
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Bank of America and several other major U.S. banks, including Chase, U.S. Bank, Truist, and Wells Fargo, have experienced issues with processing direct deposits, causing delays for customers.
House Republicans are pressing the IRS for answers regarding the delay in processing new claims for the pandemic-era small business tax credit known as the employee retention credit (ERC).
AeroCision, an aerospace supplier, has received interim court approval to pay critical vendors up to $5 million, including recent shipments made before filing for Chapter 11 bankruptcy.
Survey results from Bankrate reveal that the average amount needed by US adults to feel financially secure is $233,000 per year, while $483,000 per year is the average amount required to feel rich or achieve financial freedom.
According to recent working capital research by The Hackett Group, the largest US companies are finding it increasingly difficult to extend payments to suppliers, indicating a potential ceiling on the practice of supplier payment terms optimization.
Cashless toll roads, which replaced human toll collectors with electronic fee-collection systems, are facing a growing problem of fare evasion as traffic returns to pre-pandemic levels.
In the recent years, with the rise in interest rates, small businesses have been under a lot of financial pressure.
Spiraling towards levels only seen during the 2008 financial crisis, US household debt has increased by $320 billion in the last 3 months of 2022.
The West Des Moines, Iowa-based frozen meat importer filed its petition with the U.S. Bankruptcy Court last week, leaving many trucking and logistics firms out to dry.
According to Allied Market Research, the 2021 global freight trucking market was worth over $2.7 trillion.
The financial enablement platform Denim surveyed 168 freight brokers and over half had something in common: 60% said they still pay with paper checks and 68% said that eliminating them would improve operations. So, what gives?
Peak season is right around the corner - and Amazon knows it.
Regardless of what the Biden Administration says to quell frustration, the fact of the matter is that 87,000 new IRS agents are more than three times what would be needed to audit households that make over $1 million.
As part of the company’s progress toward diversifying suppliers for its retail stores, Dick’s Sporting Goods announced that they have partnered with capital platform C2FO.
Carriers should be prepared to reevaluate profitability on every lane their trucks take amid dropping spot rates.
While ”Buy Now, Pay Later” was originally an option made for big-ticket items, the trend in usage for everyday items is troubling.
The Global Innovators is an invitation-only community that honors up-and-coming start-ups in the tech and business realms.
Its total revenue increased by 33% to $3.49 billion from $2.62 billion the previous year.
The “buy now, pay later” method is becoming more and more common at large retailers, but small businesses are looking to cash in.
Fostering good and cohesive relationships with suppliers may not be a top priority for a logistics manager.
E2open and PayCargo, digital online payment companies, claim that partnering with them would increase cargo flow productivity.
During the holiday season, online spending hit a record high, increasing by 4.9% year over year, totaling $222.1 billion, according to Adobe Analytics.