Now more than ever, companies are tightly managing their working capital. The main goal is to achieve a neutral to negative cash conversion cycle: That means reducing the number of Days Sales outstanding, decreasing Inventory on Hold and Increasing the number of Days Payable Outstanding. This allows us to continue to run our operation without investing any capital into day to day activities.
In this webinar, we will talk about how we can preserve cash in the accounts payable and accounts receivable process by answering the following questions:
How can we extend our payables as far as possible and minimize any type of unnecessary spend?
How we can improve our billing and cash collection to receive cash as quickly as possible?
How can we minimize our risk and capture as many overdue and high-risk receivables as possible?