DATE: THURSDAY, AUGUST 1, 2019
TIME: 2:00 PM ET
DURATION: 1 HOUR
A finance team should use neither a dartboard to gauge working capital nor a crystal ball to predict cash flow. But without real-time visibility into assets and liabilities, a finance team is unlikely to demonstrate any advantage over using a dartboard to measure and manage working capital. Similarly, without dedicating sufficient discipline to maintaining an optimal schedule for payables and sufficient effort to accelerating the timing of receivables, a finance team has little advantage over a fortuneteller in anticipating a company's cash flow needs.
During this Webcast, we will highlight best practices finance leaders can use to establish greater control over working capital and cash flow. We will discuss:
- What challenges companies most often encounter with optimizing working capital and keeping track of cash flow,
- Which areas outside finance, such as sales and supply chain teams, CFOs should collaborate with on cash flow planning,
- How finance leaders can improve their companies' payment terms while getting a better handle on the timing of receivables, and
- What finance leaders need to do to enable their companies to shorten their cash conversion cycles and sustain working capital efficiency for the long term.