The truck stops here

Article Abstract:

The adoption of a cardless purchasing program proved instrumental in simplifying freight settlement processes at Red Line Extended Care. Red Line officials decided to implement the PowerTrack purchasing program, which was developed by US Bank in Minneapolis, after they found the company's freight settlement cumbersome, representing 90% of its invoice-processing time. The program utilizes a comprehensive online data in assuring that freight invoice numbers are not duplicated and properly monitored.

Cash Management, Management, Technology application, Medical equipment and supplies industry, Medical equipment industry, Freight, Payment, Redline Healthcare Corp.

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Are we still thinkers, or just data gatherers?

Article Abstract:

Information technology has produced a generation of treasurers that have less skill in judging credible information and have less skill in maneuvering the ins and outs of the trade without a computer. Information technology has been facilitative in increasing participation but it has also resulted in an increase of business expectations. Moreover, the personal relations side of the profession has been neglected with the advance of the information age.

Information Systems, Usage, Information technology, Financial planners, Information management, Flagg, Michael

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Steering a giant

Article Abstract:

Charles M. Holley Jr., the newly promoted executive vice president and treasurer of Wal-Mart Stores Inc., shares his thoughts in introducing new cash management services and his approach in taking on his new responsibilities.

Executive changes & profiles, All Other Specialty Food Stores, Variety stores, Discount Stores, United States, Officials and employees, Wal-Mart Stores Inc., WMT, Holley, Charles M., Jr.

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