“Wake up, wake up, wake up, it’s the first of the month,” … “To get up, get up, get up, so cash your checks and get up.”
Takeaway #168: This denotes a bygone era now that those payments are electronic –the seamless world electronic commerce has arrived. Indeed enterprise management has proceeded in this fashion. Will micropayments and interchange fees be the future or death of your enterprise? In an era of transfer payments, how does your margin change based on fluid due dates and no mailing costs or breakage? 30 day acceleration of flows, factoring and receivable facilities create new opportunities.