Cash Flow Management -New Survey

While the all too familiar phrase ‘It’s the economy, stupid’ has been so widely used in our political culture in a recent survey conducted by TD Bank there’s a new phrase ringing true for CFOs.

It’s the cash flow, stupid.

With over 69% of CFOs and other cash flow managers that were surveyed at mid-sized businesses cash flow management was said to be the greatest contributor to their stress. What was surprising was that even though cash flow remained a top concern less than 8% said they plan to cut costs next year.
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