Tag: Late Payment Penalties

  • Computation of cash conservation by late payments

    Find out interesting insights with Shaun Walker, SOX Compliance Manager, Norfolk Southern Moderated by Sherry, Financial Technology Consultant at Hyperbots Don’t want to watch a video? Read the interview transcript below. Sherry: Hello, and welcome to all our viewers on CFO Insights. I am Sherry, a financial technology consultant at Hyperbots, and I’m very excited…

  • Deciding the timing of vendor payments: a strategic approach

    Deciding the timing of vendor payments: a strategic approach

    Managing vendor payments is a critical task for any company. With numerous invoices to process and a variety of payment terms to consider, businesses must make decisions carefully to maintain healthy cash flows and foster strong vendor relationships. This blog outlines the strategic consideration of early payment discounts and late payment charges and introduces a…