Case Studies

NS Hospitality Drives Business Growth with LSQ

Carlos Rivera has been running staffing companies serving the hospitality industry for nearly 20 years. However, a split from his former business partner led him to start a new company, NS Hospitality, in 2017. When getting his new venture off the ground, Rivera knew he needed help. “Our business is like any business out there: […]
July 14, 2021 Andy Cagle
Blog

P-Cards for Procurement? There are Better Options

For more than 200 years, the printed check was central to the operation of a business; they were used to pay employees, rent and mortgages, suppliers, and myriad other financial obligations. However, as technology has advanced and companies look to become more efficient, electronic payments have overtaken the paper check as the preferred method of […]
July 8, 2021 Andy Cagle
Blog

Diversity, Equity, and Inclusion in Supply Chains

While not a new consideration, for the last few years, companies globally have had to reassess the answer to one very difficult question–one that, for many, they haven’t liked the answer to: How diverse, equitable, and inclusive is your business?  While the scope of that question is immense and touches every part of the enterprise, […]
July 1, 2021 Andy Cagle
Case Studies

Ramaco Finds Liquidity, Better Cash Forecasting with LSQ FastTrack

For Lexington, Kentucky-based Ramaco Resources, selling to a large buyer on end-of-accounting-period (EOAP) terms was causing a cash-flow and forecasting nightmare. Their DSO for a shipment at the beginning of the month could potentially be 75 days. “There was a lot of uncertainty in our cash management and planning process,” said Trish Claunch, Manager of […]
June 29, 2021 Andy Cagle
Blog

What is Dynamic Discounting?

In business, everyone wants their money.  Companies that are part of a supply chain are no different. Buyers want to hang on to their money and sellers want to get paid as soon as possible. Competing interests lead to conflicts that can threaten the health and resiliency of the supply chain. But there are solutions; […]
June 24, 2021 Andy Cagle
Blog

Finding the Right Early-Payment Strategy for Your Business

No matter the company–or what side of the buyer/seller dynamic it falls on–liquidity is vitally important. Without working capital, there are no day-to-day operations, employees don’t get paid, facilities aren’t maintained, and there is no more business. While the need to maximize working capital is universal, the fundamental path to doing so is not. Buyers […]
May 25, 2021 Andy Cagle
Blog

8 Things to Look for in a Supply Chain Finance Solution

Supply chain finance (SCF) has become increasingly common among large businesses and their cash-flow-starved suppliers as a way to boost working capital. In fact, according to a 2020 Gartner poll, roughly 23 percent of respondents said their company relied on supply chain finance to bolster cash flow and provide some stability in the pandemic-driven economy. […]
May 18, 2021 Andy Cagle
Blog

What is Supply Chain Finance?

SCF fulfills the basic need of financing the working capital necessary to run any business. When successfully delivered, SCF benefits the entire buyer/seller dynamic and it improves certainty for sellers by providing payments for delivered goods and services earlier than agreed terms with the buyer.
May 4, 2021 Andy Cagle