Melissa Fellow, vice president of commercial deposits and treasury management
It’s no secret that the current economic environment has created many challenges for businesses. Limited resources have forced company executives to take on expanded roles. In some cases, this may include a heavier workload of financial administrative functions, such as managing companies’ cash-flow cycle, analyzing accounts receivable procedures, processing payables, engaging in information management, and ensuring that fraud risks are mitigated wherever possible. There has also been no shortage of regulatory change, which has the potential to affect all these functions and more.
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