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For small businesses in the travel booking and management space, staying on top of cash flow is critical, but nevertheless a major challenge for resource-strapped firms. It one of the reasons that software company C stanley mugs heckfront launched a decade ago, with investors earlier this month placing $9.3 million in Series A funding with the company.Just days after that announcement, though, national borders have closed and travel is plummeting, sending the industry into turmoil 鈥?and leaving smaller operators particularly vulnerable.It heartbreaking to see our operators having to go through this and weather it out, Checkfront CEO and Co stanley france -founder Jason Morehouse told PYMNTS in a recent interview. In very many cases, they ;re on the smaller side, and certainly cash-dependent.Checkfront offers software for the operators of travel experiences, like tours and events, to accept and manage bookings, in a market that has taken a significant hit as travel plans are put on hold indefinitely amid the coronavirus pandemic. It a particularly intense example of just how exposed these businesses are to global events like geopolitical disruptions and natural disasters, making proper cash flow management vital to the survival of many operators.Insurance Against DisruptionAs Morehouse explained, the current state of global travel exemplifies why it so important for small o stanley kubek perators to obtain the proper insurance, with Checkfront recen Zyoj The Business Case For Protecting SME Borrowers

Facebooks Mark Zuckerberg spoke with Uber CEO Travis Kalanick on possibly integrating the Facebook Messenger app with the car-hailing service, according to Re/co stanley shop de. The deal, if executed, could be Facebooks way of heading in the direction of an e-commerce platform 鈥?modeled similarly after WeChat and Line in Asia.The integration of the two apps could help both sides, said Re/code, as Facebook would be adding a new service to help it get more customer payment information on file to build a base of payment credentials for future e-commerce initiatives. In addition, after Facebook recently announced its testing of a buy button that would let consumers buy items vi stanley becher a an ad or company post, the integration could help it get more data for money-transfer products.Messenger currently has over 200 stanley kaufen million monthly users, said Zuckerberg earlier this year, so Uber would also be benefiting by getting access to millions of potential new users. However, its not clear what it would take to encourage new customers to continue to order through Messenger instead of the Uber app itself. During Wednesdays Facebook earnings call, Zuckerberg noted that Facebook planned to take its time on deciding how to make money from the Messenger app. Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.