Rho Update: A(pprovals), B(ulk Actions) & C(ontrols)
Editor's note: This post originally appeared in Rho's monthly newsletter, which you can sign up for?here.??? ?? ??
Hope your May?is off to a great start!?
If you’ve seen Glengary Glen Ross, you know A.B.C. stands for?Always Be Closing.?This is solid advice for your salespeople…but a terrible motto for your finance team. A better version is?Approvals, Bulk Actions, & Controls.
In that spirit, this month’s product update video highlights a few Rho capabilities designed to help your finance team?boost its operational efficiency, visibility, and control leading up to and during month-end close.?
In a new article for TechCrunch, our corporate treasury lead Mike shares his thoughts on how interest rate hikes should (and shouldn’t) impact your approach to treasury management.
As always, if you have any questions, please feel free to reach out. Now, on to the news!
P.S. If you aren’t already?following Rho on LinkedIn, give us a follow for finance news, Rho updates, and analysis.?
Watch: Rho Product Update
Highlights include:?
Trend: Treasury Automation & The Basis-Point Trap
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How should interest rate hikes impact your cash management strategy? Our corporate treasury lead Mike Dombrowski tackles this topic and more in?a new piece.?In short: Automation is your friend. Reply to this email if you would like a copy of the full article for future reference.?
By the way, check out Mike’s latest treasury guides on?bond ladders?and?T-bills?if you haven’t already.?
Spotlight: 4 Time-Saving Rho Capabilities
In the blur of exciting new features we've rolled out recently, we wanted to spotlight a few other Rho time-savers:
Let us know if you have any questions about how to take advantage of these capabilities. In the meantime, have a great week!
Best,?
Justin Wolz?
Head of Communications
Rho?
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