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Primary Source of Fraud: Business Email Comprise Email communication plays a major role in how many businesses conduct their daily operations. Fraudsters continue to adapt their business email compromise (or “BEC”) schemes, as well. While they may target an entire organization, they often focus...
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Fraudsters Continue to Target Check Payments A large majority of organizations are still using checks for outgoing payments and checks continue to be the primary target of payments fraud. Without preventative measures in place, every check payment could be exposing an organization to fraud. AFP...
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The economic forecast may be uncertain, but preparing for potentially inflated rates is the smartest course of action. Liquidity management is a lot of work, but the benefits can help your business thrive rather than survive. Learn more about how you can keep your business afloat in every season. A...
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Sustainability in agriculture ensures that existing demand is met without jeopardizing future plans. Adopting sustainable practices can improve the communities surrounding large-scale AgriBusiness operations—while supporting the business itself. However, implementing these changes can also prove...
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Inflation has had a significant impact on businesses and this can lead to a financial stress. However, it is possible for businesses to increase buyer traffic and boost sales even in times of market chaos by employing strategic product and service bundling. Read more here. To combat inflation and...
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Owning or renting: which is actually a better strategy during inflationary times? With inflation climbing, you should consider all the factors associated with buying property as you navigate the CRE market. Read more as we delve into this issue. In an attempt to curb inflation, the Federal Reserve...
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American farmers contribute significantly to the overall US GDP annually and figures in this regard highlight just how significant their services are. The last two years, in particular, have seen significant growth as farmers have looked to expand. With this level of growth, however, comes more...
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With supply chain issues expected to persist through the coming year, winemakers worldwide should get a head start on glass, label, and cork orders for this and next year's harvests. Many wine producers have shifted from just-in-time to just-in-case model in order to combat the glass shortage. After...
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Modern wineries find themselves at a crossroads in 2022. On the one hand, they can stick with what they know: marketing to an aging demographic of classic wine drinkers. Or they can adapt their product strategy to include no/low-alcohol and RTD options to attract new customers. Wineries across the...
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When operating a successful business, understanding what impacts cash flow within your organization is key. Below are several areas to help monitor your cash flow, and provide guidance on how to fix issues over time. By considering the following, you will be able to respond to changes in a timely...
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Unfortunately, it’s no longer a matter of “if,” but rather “when” payments fraud will impact your business. As you look at your payment strategy, does it minimize your risk to fraud? Like many businesses, your strategy may be highly focused on check payments, the most compromised payment type. Sixty...
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Your business probably receives daily invoices for payments. Have you considered the steps, manpower and security of your payment method? Cutting a check can take upwards of ten steps and is very unsecure, while ACH and credit card are quicker and more secure. If the latter two are used less...