Receivables securitization not only survived the financial crisis but thrived as funding sources dried up and companies looked to accelerate cash collection.
Tomorrow's treasurers will need a global outlook, a strategic mind-set, an analytical approach, broader shoulders, a team spirit and agile technology that can increase visibility and control.
A survey by Aberdeen Group shows that while best-performing companies are trying to get customers to pay more quickly, they are also paying their own bills more promptly.
Smaller companies, including National Financial Partners, Carlile Transportation and Columbia Sportswear, are turning to technology to drive efficiency and improve cash flow.
