FastPay Acquires AnchorOps To Solve Media Agency Cash Crunch Like many industries, the media landscape supports complicated supply chains and is plagued by extended supplier payment terms, sometimes spreading into the 120-day mark. But unlike other industries, relaxed FCC rules, frequent changes in company ownership, and a steady stream of new market entrants make paying the right suppliers (and accurately reconciling those transactions) a headache. Secil Baysal, COO and President of FastPay, and David Frogel, President of AnchorOps, tell PYMNTS how their merger, announced this week, could address cash flow gridlock in a notoriously complex industry. Read More... |