Check is in the Mail. Still Using 19th Century Payment Technology?

That anyone would still use checks is just bizarre in this day and age. Would you still go to the western union telegraph office to send a message?

In the anatomy of a trucking business, if profitability is the central nervous system then cash flow is the lifeblood.

Declining profits may cause motor carriers or freight brokers to develop an abnormal heartbeat but when forces constrict cash flow the survival of a business is immediately at risk.

A variety of technology can be used to keep cash flow healthy. Some are designed to maintain tighter controls on the outflow, or expenses, to slow the bleeding. Other technologies can help accelerate the conversion of receivables to cash.


http://www.ccjdigital.com/automating-cash-flow-part-1-peer-to-peer-payments-in-trucking/?utm_source=daily&utm_medium=email&utm_content=06-09-2017&utm_campaign=Commercial%20Carrier%20Journal&ust_id=6b5a4101052b32dba458876d3b70228b