Clear decision guides for you
Straight comparisons of the tools you're choosing between, honest about where each one falls short. Where we quote a benchmark, we show its source.
53 guides of 1,000
Mercury, Brex, or Relay for Multi-Entity Sweep Accounts
Compare how Mercury, Brex and Relay structure sweep accounts across several legal entities, so you can pick the setup that fits your holding company.
Writing a Treasury Policy Once Reserves Cross Eight Figures
A practical structure for the board-approved treasury policy most companies write once cash reserves reach eight figures, and the tradeoffs to settle on paper.
Keeping Cash Safe When a Banking Partner Fails
What to check after a regional bank or fintech partner fails, and the concrete steps that keep your company's cash safe the next time one does.
ICS vs. CDARS: Spreading Deposits Beyond One Bank
How ICS and CDARS networks spread your deposits across many banks through one relationship, and which one fits a company holding several million in cash.
Running Treasury Across Currencies for a Global SaaS Team
How to manage cash across several currencies once your SaaS company bills or pays people abroad, without letting FX swings quietly eat your margin.
Earning Yield on Venture Debt Cash Without Tripping Covenants
How to earn a return on venture debt cash sitting on your balance sheet without violating the negative covenants most venture debt agreements include.
Setting Real Spend Limits on Corporate Charge Cards
How to set per-card limits, receipt capture and approval rules for corporate charge cards so spend actually matches budget instead of surprising you monthly.
FX Hedging Options for a Startup With Real Foreign Exposure
A plain guide to forward contracts, natural hedges and doing nothing, so a startup with foreign currency exposure can choose deliberately, not by accident.
What Burn Multiple Actually Tells You About Runway
How burn multiple is calculated, what counts as a healthy number by ARR stage, and how to use it alongside a runway forecast instead of on its own.
How a Treasury Investment Policy Should Change From Series A to B
Why the treasury investment policy that fits a Series A balance sheet stops fitting at Series B, and the specific changes worth making when you raise again.
Bond Ladders or Money Market Funds for Reserve Cash
How a short-term Treasury bond ladder compares to a government money market fund for corporate reserve cash, and which fits which part of your balance.
Should Your Holding Company Pool Cash or Keep It Separate?
How to decide between pooling cash centrally at the parent level or keeping each subsidiary's treasury separate, and what changes with each approach.
Adjusting Your Treasury Playbook as Rates Move
How a CFO should adjust cash allocation, debt decisions and yield targets as interest rates rise or fall, instead of running the same playbook regardless.
Negotiating a Better Earnings Credit Rate With Your Bank
How earnings credit rates work, why most companies never negotiate one, and the specific ask that lowers your bank fees without moving a dollar of cash.
Wire Fraud Controls Every Finance Team Should Have
The specific dual-authorization and out-of-band verification steps that stop the most common corporate wire fraud schemes, and how to roll them out.
Direct or Indirect Method for Your Weekly Cash Forecast
The real difference between direct and indirect cash forecasting, which one fits a short-term weekly view, and how automation changes the tradeoff.
Repurchase Agreements for Large Treasury Balances
How tri-party repurchase agreements work, when they make sense for a company with a large cash balance, and the documentation to get right before using one.
What to Do in the First 48 Hours After a Round Wires In
A concrete allocation protocol for the first days after a venture round closes, so a large wire doesn't sit in a single account longer than it should.
Daily Cash Reconciliation: QuickBooks vs. NetSuite Workflows
How daily bank reconciliation actually works in QuickBooks versus NetSuite, and the workflow changes worth making before an outgrown process breaks at close.
Is Paying Suppliers Early Actually Worth the Discount?
How dynamic discounting and early-pay supplier discounts actually work, the real yield math behind them, and when paying early beats holding onto cash.
Tightening DSO, DPO and DIO Without Straining Relationships
A practical approach to shortening days sales outstanding, extending days payable, and managing inventory days without damaging customer or vendor trust.
Getting Cash Back Faster From a Merchant Processor Reserve
Why payment processors hold back a share of your revenue in reserve, how to negotiate a smaller holdback, and how to plan cash flow around it either way.
Documenting Intercompany Cash Transfers the Right Way
How to document cross-border intercompany loans and cash transfers so they hold up under tax scrutiny, and the specifics your accountant will ask about.
Automating ACH Batches Without Breaking NACHA Rules
What NACHA operating rules actually require for automated batch ACH disbursements, and the specific checks worth building into an automated payment run.
What a Series B Treasury Audit Actually Checks
The specific documents and controls a treasury audit checks at Series B, and how to prepare so the review doesn't surface gaps you could have fixed earlier.
Pooling Cash Across European Subsidiaries the Right Way
How notional cash pooling works across European subsidiaries, when it beats moving cash physically, and what the agreement actually needs to specify.
Should Your Treasury Ever Hold Stablecoins?
What stablecoins actually offer a corporate treasury over traditional rails, the real risks involved, and the questions to answer before holding any.
Debt Service Reserve Accounts: What the Covenant Actually Requires
A plain-English walkthrough of how debt service reserve accounts are sized, controlled, and released, plus the sizing mistakes that trap cash too long.
When to Draw Your Credit Line Instead of Spending Cash on Hand
How to decide whether to draw a revolving credit line or spend cash on hand, and how the loan's interest period resets change that math.
Kyriba, Coupa Treasury, or Trovata: How to Choose a Treasury System
A practical framework for deciding between Kyriba, Coupa Treasury, and Trovata, and for knowing when a full TMS is overkill for your treasury team.
Interest Rate Caps, Collars, and Swaps: Picking the Right Hedge
How interest rate caps, collars, and swaps actually protect a floating-rate loan differently, and which one fits your risk tolerance and cash position.
Withholding Tax on Cross-Border Interest: What a Treaty Changes
How withholding tax on interest paid to a foreign lender works, what a tax treaty can reduce it to, and the paperwork that has to be filed first.
How to Retire Petty Cash Without Losing Control of Small Purchases
A step-by-step plan for replacing a petty cash box with single-use virtual cards, without losing the spend controls a cash box gave you by accident.
AR Factoring vs a Line of Credit: What Each One Actually Costs
How to compare the real cost of factoring receivables against drawing a line of credit, including the headcount and customer relationship tradeoffs.
Standby Letters of Credit vs Cash Deposits for a Commercial Lease
How a standby letter of credit compares with a cash security deposit on a commercial lease, and which one keeps more cash working for your business.
How to Read a Bank Analysis Statement and Find the Fees You're Overpaying
A walkthrough of how to read a corporate bank analysis statement, spot the fees an earnings credit isn't fully offsetting, and negotiate them down.
Why Liquidity Crunches Hit Hardest During Hyper-Growth
Why fast growth creates its own cash timing gap, the one ratio worth tracking weekly, and what to do first once the gap starts widening.
Plaid vs Direct Host-to-Host: How Your Bank Feed Actually Gets to Your Software
How API-based bank feeds like Plaid differ from direct host-to-host SFTP connections, and which one fits your treasury and security requirements.
Payroll Tax Impounds: Who's Actually Holding Your Trust Fund Taxes
How payroll tax impounds work, why the withheld money is a trust liability the moment it's deducted, and what to verify with your provider.
Quick Ratio vs Cash Ratio: Building Both Yourself in Ten Minutes
How to calculate the quick ratio and cash ratio from your own balance sheet, why they tell a different story than the current ratio, and when each matters.
Getting Your First Corporate Credit Rating: What Moody's and S&P Actually Look At
What a first corporate credit rating review from Moody's, S&P, or Fitch actually looks at, and how to prepare before the analyst call happens.
Trade Credit Insurance: When It's Worth Protecting Your Receivables
How trade credit insurance protects receivables from customer default, what it actually costs, and how to decide if your customer base needs it.
Why Your Balance Sheet Shows FX Gains and Losses You Never Realized
Why foreign currency balances create unrealized gains and losses on your balance sheet every period, and what actually reduces the size of that swing.
What a Good Cash Conversion Cycle Looks Like in Your Industry
How to calculate your cash conversion cycle, why the same number means something different by industry, and how to actually shorten it.
One Bank or Several: Weighing Redundancy Against Relationship Pricing
The real tradeoffs between banking with one institution and spreading relationships across several, beyond the simple redundancy argument.
Custodial Safekeeping Accounts: What Actually Protects Your Securities
How a custodial safekeeping account keeps your investment securities legally separate from your bank's own balance sheet, and what to verify.
Getting Cash Out of a Country With Currency Controls
How currency controls in emerging markets restrict moving profits home, and the practical steps that actually get approved repatriation moving.
Stress-Testing Your Cash Flow Before You Need To
How to build a real cash flow stress test around a revenue decline scenario, and what the exercise actually reveals that a normal forecast doesn't.
What to Do With a Check Nobody Ever Cashed
Why an uncashed check eventually has to be reported and turned over to the state, and the process for staying compliant with escheatment rules.
What Actually Belongs in the Treasury Section of a Board Packet
What a treasury section of a board packet should actually cover, beyond a single cash balance number, and how to automate pulling it together.
How Purchasing Card Rebates Actually Get Calculated, and How to Push Them Higher
How commercial purchasing card rebate tiers actually work, what drives your rate up or down, and how to negotiate a better one as spend grows.
The Hour Between Sending and Receiving in an FX Trade
Why the gap between paying out one currency and receiving another creates real settlement risk, and how payment-versus-payment settlement reduces it.
Wiring Your Banks, ERP, and Cards Into One Actual System
How to connect your banks, ERP, and card programs so cash data flows automatically, instead of living in separate tools someone reconciles by hand.