Balance

This article explores the innovative features that make top treasury management software products essential for managing financial resources in increasingly complex markets. https://lnkd.in/g-D7PzJx

Effective liquidity management means that a business doesn’t just “get by” day-to-day; it also allows companies to plan ahead, take advantage of opportunities, and build a solid foundation for sustainable growth. https://lnkd.in/gQaji3Zk

This article explores the top five challenges of treasury management in real estate, helping you understand these obstacles and discover strategies to address them effectively. https://lnkd.in/gDNfZgwJ

Happy Monday! If you are interested in real estate investment, check out this article and please let me know your thoughts!

Cash forecasting has been a major topic of discussion among treasury professionals, and I wanted to share an article that provides a deep dive into the topic.

Check out the new corporate treasury article published today by Balance! Let me know what you think.

Trying to get all of your cash balances without having Balance Cash Management.

Here are 5 key statistics on the time spent by financial analysts on reporting cash balances and the associated costs: 1. Time Allocation: Financial analysts typically spend about 25% of their working hours, or 10 hours per week, on cash reporting activities. 2. Annual Cost of Reporting: With an average salary of $80,000 per year, the cost of time dedicated to cash reporting tasks amounts to approximately $20,000 annually per analyst. 3. Impact of Manual Processes: 55% of financial analysts rely on manual methods like spreadsheets, which increases reporting time by an estimated 30% compared to automated processes. 4. Error Correction Costs: Errors in cash reporting result in an additional $5,000 per year in costs per analyst, due to time spent on corrections and reconciliations. 5. Potential Savings: Companies can reduce reporting time by 40% through the implementation of automated cash reporting tools, potentially saving $8,000 per analyst each year.

Too many logins to manage for your financial institutions. Let Balance Cash Management provide a single login platform for all of your accounts.

When you're creating cash reports without using Balance Cash Management.