Banks demanding cash management relationship

By Lary | November 20th, 2008 | What do you think?

For many of you, it’s not news that banks want your cash management business. In some cases, it’s been a quid pro quo for any new banking relationship, and according to CFO Magazine, that pressure is likely to increase.

Word to the wise: Make sure the bank has a state-of-the-art cash management system so you’re not stuck with an outmoded system that doesn’t fit your needs.

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