• TRANSPORTATION-LOGISTICS
    • 27

    TRANSPORTATION-LOGISTICS

    Currently, most transportation companies rely on either accounts receivable factoring services or freight invoice factoring to speed up their payment processes. However, a study conducted by Ernst and Young shows that services aren’t really working for the transportation industry. In the current state of transportation invoicing, it costs about $2-$5 to create the invoice, another

  • ADVERTISING – MEDIA
    • 34

    ADVERTISING – MEDIA

    In the advertising industry, accounts receivable have a bad track record. Studies show that a vast majority, 62 percent, are not getting paid on their invoices for over 60 days. Depending on the size of the advertising company, payment can range between 49 days to a whopping 100 days. That kind of delay in cash

  • WHOLESALE DISTRIBUTION
    • 15

    WHOLESALE DISTRIBUTION

    Wholesale distribution is an ever increasing market that is facing a lot of global competition at lower margins. Between managing the supply chain, quality control and delivery dates, among other important processes, paying attention to cash flow tends to get pushed to the wayside. However, cash flow is what keeps your company running. In order

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