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Why Communication Is Key To Faster Construction Payments

PYMNTS

Late payments are a headache for any industry, but the construction sector has seen some particularly detrimental effects from cash-flow bottlenecks. the collapse of construction conglomerate Carillion pulled back the curtains on the corporateā€™s B2B payment practices. In the U.K.,

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Key Mistakes of Communication in Financial Teams

Spreadym

Effective communication in financial teams is crucial for making informed decisions and achieving organizational goals. However, several key mistakes can hinder effective communication in this context. Financial professionals should strive for clear and concise communication that everyone on the team can understand.

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Questions To Ask When Communicating With Clients In Crisis

CFO News Room

When Fear And Anger Coalesce, Communication Often Becomes Argumentative. Clara is really more afraid of how her ability to retire will be affected if things donā€™t get better and not necessarily on the market or portfolio construction decisions. Author: Meghaan Lurtz, Ph.D., Team Kitces. Letā€™s set the stage. The markets are in turmoil.

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Deep Dive: How Digital AP Can Help Construction Firms Navigate Payment, Procurement Challenges

PYMNTS

Many of these processes are decades-old and must follow complex regulatory guidelines, as is the case in the construction industry. Construction companies are facing both time and cash crunches due to dwindling work opportunities and slower payment timelines during the crisis. Late or lagging payment processes can expand costs.

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On Investment Objectives and Risks, Clear Communication Is Key, Part 1

CFA Institute

Identifying investment objectives and achieving stakeholder buy-in is the critical first step in connecting these objectives to portfolio construction.

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Fostering Strong Relationships for Organisational GrowthĀ 

CFO Talks

Leading by Example Finance teams often look to the CFO for cues on communication and collaboration. Regular, open communication about the companyā€™s goals, challenges, and plans helps build investor trust and support. Communicate Transparently : Honesty goes a long way in building trust.

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Construction Payments: Building The House With Virtual Cards

PYMNTS

Many B2B payments rely on invoices to communicate the payment amount expected and to reconcile the transaction. Keeping Construction Payments Fraud-Free. trillion construction market can have long-ranging effects. Around The B2B Payment Spa ce. Late payments in the $1.8