Practical and cost-effective strategies for protecting cash in an evolving economy
Recent global banking headlines highlight the changing economic environment, particularly hitting startups or those on a growth trajectory who may need more staff or infrastructure to quickly and efficiently manage their cash, payments, and risk.
This is a crucial part of the business strategy, often overlooked because cash and treasury management practices commonly operate on reduced budgets and limited resources.
This article outlines some very practical and cost-effective strategies that companies of all sizes can implement to ensure their cash is protected to help them respond quickly and efficiently to unforeseen circumstances, from global pandemics to bank closures
