Tips for Optimizing Working Capital During Economic Downturns

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Summary: Although treasury is not the sole owner of working capital, practitioners play a critical role in stewarding the process through the effective management of cash and liquidity, payment workflows, invoice processing, and vendor relationships as they relate to Accounts Payable, Accounts Receivable, and Procurement.

However, because most companies’ working capital metrics are impacted by a globally diverse and complex spread of financial activity, the main challenge for treasury and finance teams often revolves around maintaining an accurate and up-to-date picture of all their main drivers. This challenge is exasperating for companies working with thousands of vendors and suppliers or that maintain dozens of bank partners, entities, and back-office systems around the world, because the task of aggregating, organizing, and analyzing all the associated data takes considerable time and effort.

But while managing working capital is complicated enough on its own, the challenges grow more pronounced during periods of economic uncertainty, especially as vendor payment behavior becomes more unpredictable and cash inflows and outflows begin to deviate from historical norms. So how are treasury and finance teams expected to cope?

In this webinar session, TIS’ Jon Paquette, John Kane, and Jolien Grymonprez provide a list of leading practices for treasury to consider as they manage working capital from a technological, operational, and financial perspective. These speakers also expound upon TIS’ new working capital analytics tools and highlight how they enable business leaders to more effectively manage working capital and forecast their cash inflows and outflows.


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