As a business leader, have you fully accepted such simplicity in paying your organization’s expenses? The answer is probably “yes, but not always.” Chances are how you pay your FedEx and UPS invoices currently fall under the “not always” caveat. Instead, it’s done manually and ad hoc. But there’s good reason to change that. Here’s why automating your parcel bill payment makes sense.
All good coaching staffs commit to a game plan they believe will lead to victory. As the CFO of VeriShip, one of my tactical contributions to our “game plan” is to forecast revenue and expenses, and to project related cash flow.