When it comes to effective treasury management, cash forecasting and working capital are two critical areas of operation that have only grown more important over time. As companies and business leaders increasingly look to optimize their cash in a high-interest rate and often volatile environment, they rely on their cash forecasts and working capital insights as critical instruments to make quick, well-informed cash management decisions.
As cash management strategies continue to evolve, many Treasury teams have turned to supply chain finance programs as a mechanism to strengthen their supply chain and gain better control over their own cash flow. Today, many of the world’s leading treasury and finance teams are successfully implementing sophisticated cash forecasting and working capital strategies that are resulting in millions of dollars in annual savings, as well as improved supplier relationship management, better collaboration with AP and AR, and a clearer workflow for providing the CFO and other business leaders with the information they need to make informed well-positioned decisions for the company.
In this webinar, Jon Paquette of TIS and Scott Loewen and Andrew Burns of C2FO discuss some of the ways that modern treasury teams are combining an effective cash forecasting and working capital strategy with supply chain finance solutions to benefit their respective companies. The session includes application points for attendees on how similar deployments could be managed by their own companies in the months and years ahead.
