Insight: Working capital management
In association with Taulia
Businesses have a greater need for cash than ever before. Whether that’s to reshape the balance sheet, provide funding for R&D and innovation or to fuel faster growth, they need to be more efficient at how they free up cash so it can be deployed to best advantage.
While this has traditionally been almost exclusively within the CFO or treasurer’s remit, today procurement is able to step up and take a leading role in working capital strategy by optimising payables and cash while at the same time supporting the supply chain, building greater resilience into the supplier base.
Download Insight: Working capital management white paper to find out how leading companies are developing working capital strategies that encompass the cash needs of the whole of the supply chain:
- ‘The art of the possible’ and the leadership role that procurement can take
- Understanding suppliers’ cash needs helps organisations optimise working capital, improve profit margins and enhance supply chain sustainability
- AI technology is resulting in more sophisticated, proactive supplier payment programmes