Cambridge Mercantile Group

Cambridge Mercantile Group

July 03, 2012 09:30 ET

Cambridge Mercantile Group to Discuss Best Practices for Automation and Electronic Payments

Webinar elaborates on solutions for vendor management issues

TORONTO, ONTARIO--(Marketwire - July 3, 2012) - Cambridge Mercantile Group ("Cambridge") http://www.cambridgefx.com, a leader in corporate foreign exchange and global payments, is hosting a webinar on best practices and solutions for accounts payable inefficiencies that can dramatically affect the bottom line for businesses.

The webinar, titled How to Turn your AP Department into a Profit Center, will be held on Thursday July 12th, 2012 at 11am PDT / 2pm EDT.

In the face of global competition, tough economic circumstances and a tightened regulatory climate, companies are charged with reducing costs, improving performance, achieving regulatory compliance, increasing visibility and enabling the company's strategic initiatives - all at the same time. Often one of the key answers to all these issues is an efficient accounts payable operation. Increasingly, leading financial authorities are encouraging companies to address inefficient and outdated accounts payable operations as one of the best ways to lower their operating costs and streamline their operations.

"There's no doubt the current state of the global economy and financial governance laws are creating challenges for businesses," commented Bob Dowd, Senior Vice President Payment Solutions with Cambridge. "And it is harder than ever for businesses to manage cash flow and increase profit levels. They need to get invoices paid on time and avoid duplicate or fraudulent payments, all the while complying with increasing regulatory constraints and coping with reduced staffing. But the good news is that there are extremely effective ways to address these issues head on. We look forward to sharing them."

For more details about this live event, visit http://www.cambridgefx.com/196/events.aspx.

About Cambridge Mercantile Group

Since its inception in 1992, Cambridge Mercantile has been earning the trust and respect of leading companies around the world by providing corporate foreign exchange and global payments services that are second to none. Recently, Cambridge's traditional business model has been complemented with an extensive suite of hedging and risk management products, powered by payments technologies widely regarded as industry-leading. With offices strategically located across the globe, Cambridge facilitates the secure and prompt movement of over $20 billion dollars annually for thousands of clients of all sizes and niches. For more information, visit www.cambridgefx.com.

Contact Information