
Cash Management & Payment Trends: How 2022 Will Transform Your Treasury Department
Our team provides useful information to industry practitioners, through various articles, studies and research.
With the Federal Reserve cutting interest rates recently, you have probably noticed the effect on your company’s interest earnings from cash balances. With another possible rate cut coming this month, it’s important to be prepared.
Payroll processors need a strong banking relationship to contribute to their overall financial health and success. Banking visibility plays a key role in maintaining not only the cash flow on-hand, but understanding the dynamics of various services that contribute to the day-to-day efficiency of the underlying Treasury Department roles.
Since early 2023, the banking industry has faced considerable turbulence, with high-profile failures and acquisitions that have reshaped corporate financial strategies. While the immediate crisis has stabilized, the collapse of Republic First Bank and the acquisition of Independent Bank highlight ongoing risks that demand continued vigilance from businesses across the spectrum.
A growing number of businesses are transitioning from traditional Lockbox payments to Automated Clearing House (ACH) payments to streamline their payment operations. This strategic shift not only optimizes transaction speed and accuracy but also significantly enhances overall financial management. At Redbridge, we’ve helped many companies make the switch and have identified the best ways to streamline the process.
Houston, Texas — Redbridge Debt and Treasury Advisory (DTA) is pleased to announce the formation of Redbridge Global Markets, LLC, a new broker-dealer subsidiary specializing in capital markets transactions and other strategic advice. Registered with the Securities and Exchange Commission (SEC) and the States of Texas, Michigan, and New York, as well as a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC), this strategic expansion strengthens Redbridge DTA’s position as a trusted partner and accelerates its growth in the U.S. corporate finance sector.
Facing fluctuating interest rates, businesses today confront the dual challenge of planning for periods of both hikes and declines. Federal Reserve rate increases to combat inflation as well as current market predictions of potential decreases create economic unpredictability for businesses like yours.
HawkeyeBSB is now available in the Coupa App Marketplace, extending Coupa’s platform and increasing efficiency in bank fee management for global enterprises.