Monthly Archives: September 2012

Michigan could lead in logistics

Michigan’s strategic position as a gateway to Canada and the rest of the U.S. could be exploited to make the state a key leader in the growing field of logistics, a study commissioned by the nonprofit group Business Leaders for Michigan reported today.

Doug Rothwell, president and CEO of Business Leaders for Michigan, said the study “reaffirms that Michigan has numerous opportunities to grow its economy by exploiting its position as a global gateway and by investing in infrastructure that will improve product movement — especially with Canada, our No.…

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Morgan Stanley Smith Barney Announces Alliance with B2B CFO®

Professional alliance offers more holistic approach for business owners

Morgan Stanley Smith Barney has announced a new national alliance with B2B CFO®, the largest CFO services firm in the United States. This agreement provides an innovative blueprint for a coordinated effort to meet both the corporate and personal wealth management needs of privately held businesses and their owners.…

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• Thriving or just Surviving: Is there an independent verifiable process to ensure that 100% of invoices go to the client in a timely manner?

Unless you can say with 100% certainty that each month every single possible bit of work or product that could have been invoiced has been invoiced  AND you can produce a report that will prove it,  you are very likely leaving money on the table.

It amazes me how many companies rely on a single person’s memory to know if all the work performed by the company is captured on an invoice.…

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Are you Thriving or just Surviving in your Business? Is your AP turnaround low and your AR collections high?

This is a problem that I see all too often.  Which is easier – paying a bill or calling on an overdue invoice?  Paying a bill of course!  And that’s why I often see AP turnaround times much less that the actual terms that the company has agreed to.  For instance, a company who has agreed to pay in 30 days will pay its bills in 15. …

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