CONSOLIDATING CASH FLOW ANALYTICS
How long does it take your company to consolidate a full set of cash flow analytics regionally?
As the discussion progressed, participants touched upon the topic of how long it takes firms to consolidate a full set of cash flow analytics on a regional scale with 80% of participants confirming access to statistics being within 3 days.
This showed improvement compared to the results reflected on a study conducted by VISA in 2016, where only 34% said they received it within that same time period.
How long does it take to access received funds?
Another topic tackled during the discussion was the amount of time it takes decision makers to access received funds. From the survey presented to the participants, majority of them expressed that they are able to access it within 1-3 days, claiming that as time progresses, their environment allows for quicker and more efficient processing.