Articles tagged with:

  • Gears over money notes

    Working capital optimisation

    Treasurers are increasingly playing a more central role within the organisation when it comes to optimising working capital. Where are the opportunities for treasurers to drive improvements in this area – and which challenges are likely to arise along the way?

  • Business man running up stairs, late concept

    New ‘Duty to Report’ payments performance data highlights cash flow plight of SMEs

    Small businesses are being left struggling for cash as more than a quarter of all invoices are being paid late by large firms, says a new report by the Chartered Institute of Credit Management.

  • Managing signature mandates

    This month’s question

    “I have been looking at ways to manage signature mandates, what options are available? How do they work? And are there any other developments in this space that can benefit corporates?”

  • Abstract technology industry background

    Virtual accounts: keeping it real

    They say that if an idea seems too good to be true then it probably is. But the concept of virtual accounts appears to be offering a number of major benefits to corporates that few would decline if they knew about them. What are they and how do they work?

  • Automatic gear stick

    Straight through reconciliation: the fundamentals

    Eliminating inefficiencies is hardly a new topic for treasurers. To garner the most significant benefits, we have seen centralisation, streamlining of flows and process automation persist as key themes among treasury professionals for over a decade. But where next? Can straight through reconciliation (STR) help the treasurer move beyond straight through processing (STP) to reach another level of efficiencies and improve working capital?

  • The art of investing in your supply chain

    The troubled global economy is having a transformative effect on working capital optimisation (WCO) and the financial supply chain, according to a leading expert on cash management.

  • Virtual accounts become a reality

    As the role of the treasurer becomes more strategic, corporates are focusing on the accounts receivable (AR) process to improve operational efficiencies. Virtual account management is an advanced tool that provides the accuracy, visibility and automation required to optimise these transactions.

  • Optimal working capital: making aspiration reality

    Efficient working capital management is not about achieving a universal 'right answer'; what works for one corporation may be irrelevant for another.

  • Why working capital KPIs aren’t cutting it

    Keeping tabs on key treasury KPIs used to be a relatively straight-forward business. Three metrics – days sales outstanding (DSO), days payables outstanding (DPO) and days inventory outstanding (DIO) – were thought to provide treasurers with an accurate measure of their working capital efficiency. Adopting such metrics was also seen as a critical step on the way to achieving the Holy Grail: best practice in cash flow – both in the management and forecasting disciplines.

  • Working capital management: filling in the gaps

    Since the financial crisis, working capital management has moved up the list of priorities for CFOs and finance directors. With credit remaining expensive and scarce, treasurers are looking within the business for opportunities to release trapped cash. However, sometimes these opportunities are missed, particularly in the area of inventory. We consider some of the ways in which treasurers can maximise the effectiveness of their working capital management.