Finance Chiefs Accelerate Payment Cycles as Cash Velocity Emerges as Critical Performance Metric
Corporate finance leaders are racing to collapse payment cycles and automate reconciliation processes as cash velocity becomes the ultimate measure of competitive advantage. According to new research, seconds now separate market leaders from laggards in today’s volatile business environment.
The New Frontier of Financial Competition
Chief financial officers are increasingly treating cash flow velocity as a strategic weapon rather than a backward-looking metric, according to reports from a new industry collaboration. The concept of “Time to Cash™” is emerging as the new key performance indicator that finance leaders are using to gauge business resilience in uncertain economic times.