A significant percentage of executives say visibility is a hurdle when it comes to optimizing expense management practices, and in gaining an accurate view of cash positions (and an enterpriseâs financial health).
It has been the international money transfer standard for half a century, but as SWIFT gets set to turn 50 next year, the Brussel-based cross-border cooperative is reimagining its role in world where money moves faster and more cheaply than ever, and nimble upstarts are eager to disrupt a system thatâs been in place for decades.
The gloomy outlook comes from interviews with 533 US businesses PYMNTS did for the new âMain Street Health: SMBs Battle Inflationâ report, which shows that a significant pocket of the SMB universe is still on shaky ground after three tumultuous years that have pushed many of their peers to the brink â or beyond.