Companies in capital-intensive industries need to get more out of their capital budgets. CFOs can play a critical role.
Common mistakes include misplacement of the invoice and a failure by the approver to processes the invoice.
Same Day ACH will mean quicker settlement of electronic payments via the automated clearinghouse network.
Despite amassing more cash, U.S. nonfinancials also hit records in capital spending, dividends, and net share buybacks in 2014, says Moody's.
The fast-food chain is also disposing of a bakery unit and refinancing some debt.
The fast-good giant plans to streamline management, refranchise more restaurants, and return as much as $9 billion to shareholders this year.
Still, given the fall in energy prices, Moody's expects the speculative-grade default rate to rise to 3.1% in 2016.
As the euro plummets and the dollar soars, U.S. exporters and multinationals try to limit the damage to revenues and earnings.
Finance executives want to deploy cash, but they are becoming less inclined to lower their cash cushions.
The struggling cosmetics company postponed an investor meeting, sparking rumors of a major strategic move.