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Partner Execution Instrument

Accenture Working Capital Value Targeting

The offering provides CFOs and Treasurers with analytics to rapidly identify and quantify where working capital can be released across 6 value levers (planned to be upgraded to 20+ value levers in future release).

Accentureโ€™s Working Capital solution uses data, analytics and visualization tools to bring visibility and solutions at pace, using transactional level data sets to support high accuracy business cases. The analytics provide drill down capability, down to invoice transactional level, and scenario modelling capability.

Typical benefits:

  • 20-30% working capital improvements โ€“ of which up to 50% are quick wins which can be realised in 2-3 months

  • Working Capital projects typically release cash in-year and deliver 25X ROI

  • Reviewing the cash efficiency cycle also provides management with a new lens on the overall operational effectiveness of a business; including visibility of the trade-offs and disconnects between different functional teams (e.g. purchasing vs. sales vs. manufacturing vs. logistics vs. finance)

Features & Capabilities

Provides an overview of the opportunity existing across all value levers

Opportunity Pool

Provides an overview of the payments in use on the invoice level by identifying the most common ones in terms of spend. Allows to rationalize and reduce the number of terms in use to streamline and harmonize them across the vendors.

Payment Landscape

Addresses document term variance opportunities by comparing invoice payment terms with those in the vendor master. It identifies incompliant invoices where vendor terms where reduced in comparison to the vendor master or contract terms.

Invoice vs Master Data Compliance

Identifies highest existing payment term for a vendor belonging to a specific combination of country and spend category and compares it to the payment terms on the invoice level and vendor master. The opportunity arises from cases where vendor can be aligned to highest terms already present for a specific segment

Terms Harmonization

Addresses scenario planning for extending most common terms by industry / country to outliers. Several payment terms are proposed and potential cash release varies based on the already existing terms on the invoice, vendor, and category level. Allows to exclude specific spend categories or strategic vendor where possibility of terms renegotiation is low.

Terms Extension

Aims at reducing existing number of payments runs and identifying the optimal weekday for a new one. Simulates payment runs based on the new extended payment terms scenarios

Payment Run

Analyses companies payment performance, focusing on elimination of early payments, not related to early discounts or urgent payments, and holding to the cash longer. Assesses also late payments, which are considered as benefit already realized by the company and are recommended to be offset against the total opportunity pool.

Early Late Payments

Focuses on the benefit realized by calculating invoice due date on the basis of invoice receipt date rather then invoice document date. Allows to simulate new due date based on the difference between receipt date and invoice document date and accounts for any delays related to invoice delivery.

Payment Clock

Provides an overview of all KPIs analyzed by showing the potential cash opportunity arising from eliminating bad practices. Additionally, allow to simulate the benefit by excluding business specifics and account for success rates.

Business Case
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Opportunity Pool
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Payment Landscape
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Invoice vs Master Data Compliance
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Terms Harmonization
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Terms Extension
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Payment Run
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Early Late Payments
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Payment Clock
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Business Case

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