AR has a direct impact on the cash conversion cycle, which is a key area of focus for treasury. Managing days sales outstanding (DSO) is both a measure of efficiency and a way of tracking cash usage at month-end, and treasury cares about DSO as well as liquidity throughout the month. Treasury and AR must work together thoughtfully in order to improve cash management operations, optimize cash flow, provide accurate forecasting numbers, and support an organization’s growth with grace. This fast-paced webinar will give practical ways for these two finance areas to collaborate on improvements.
The role of accounts payable (AP) is shifting to be more efficient, effective, and strategic. AP has the ability to help drive out costs, improve its scalability, and add revenue to the organization. The effective deployment of AP automation allows for better communication with trading partners and a reduction in costly defects while supporting a revenue/rebate model for payments. This session will review critical issues within the payables domain and explore methods and tactics to improve the overall value of AP and its positioning within finance, featuring a continual exchange between the two finance domains of AP and treasury in the context of a more comprehensive look at AP processes and value.
Until recently, it was relatively easy to borrow capital and increase inventory to avoid global supply chain issues, but things have changed. While you may have been able to accurately forecast demand, were you planning for the drastic rise in interest rates that have occurred in recent months? Is your working capital plan adjusting? In this episode, Craig Jeffery, Daniel Reeve, and Brian Rieber get together to discuss the macroeconomic, geopolitical, and trade situations surrounding working capital and the financial levers you should be aware of moving forward.
With interest rates rising and other factors creating a complex economic environment, managing the cash conversion cycle and working capital efficiently is a major challenge for many organizations. While cash is always a priority, it’s often difficult to track and improve liquidity. This webinar will discuss ways of leveraging technology and using efficient organizational strategies to manage working capital effectively even with limited human resources. Topics covered will include the following:
Measuring what matters.
Building bridges internally.
Gaining exposure to payables and receivables departments.
Tools that allow you to move quickly.
Benefits of joint software and finance solutions.