Abiomed Appoints Robert L. Bowen as Chief Financial Officer DANVERS, Mass.–(BUSINESS WIRE)–Abiomed, Inc. (NASDAQ: ABMD), a leading provider of heart recovery products providing circulatory support to acute heart failure patients, announced today the appointment of Robert L. Bowen as Vice President and Chief Financial Officer. Mr. Bowen brings more than 20 years of domestic and […]
Forget what all the pundits say about the cost and availability of credit. We’ve got the scoop straight from the horse’s mouth.
Sad but true: These days, many companies are cutting headcount, some of which may be your contacts at your customers’ or suppliers’.
You know the ones — the invoices as thick as a phonebook. Here’s a solution to ease this common A/P headache.
Chances are, customers are taking longer to pay these days. No reason that should mess with your company’s cash flow.
Unless everyone understands who’s paying their bills and (more importantly) who’s not, your company could end up in a serious cash flow crunch. Which is exactly why one company tried this.
It’s the most popular yardstick for companies to measure the health of their cash flow: Days Sales Outstanding (DSO). Compare your numbers against these recently-released benchmarks.
It seems like a goal any red-blooded CFO would find tough to argue with: reduce the company’s costs. Unless people are going about it the wrong way.
You know why making and receiving e-payments is a good idea: less paper, better revenue management, streamlined processes, fewer errors, etc. So what’s really standing in the way? And is it a good enough excuse?