Macroeconomics & Economic Policy
Tag: bottlenecks
The Two-Clock Problem: Why Faster Payments Can Create Deeper Accounting Bottlenecks
The payment went through in seconds. The books were still wrong three days later. In modern corporate finance, this scenario has become an increasingly common frustration. Money can now move with unprecedented speed across banking networks, while invoice data, approval history, remittance details, and underlying accounting records remain stubbornly scattered across disparate systems. The widespread…
