Cost Optimization

One Easy Step To Improve Your Working Capital

Akshay Upadhye
Co-Founder

One Easy Step To Improve Your Working Capital

Written by
Akshay Upadhye
Published on
June 14, 2022

Sue as a CFO understands the significance of improvements in working capital management and that it can generate more capital for her business, improve operational efficiency, increase profitability and potential growth.

The next obvious question now is how can Sue improve her working capital? Well, here is an easy solution. Extract raw payment data from your ERP or Finance system and send this information to a spend analytics system. Sue had a jaw-dropping moment when she saw the spend analytics dashboard and realised that she could free up £250M in cash just by changing the payment terms with their key suppliers from 30 days to 60 or 90 days and putting in place supply chain financing. The £250M freed up working capital was achieved in just one easy step by properly managing the payment terms. This additional working capital of £250M for Sue was key to fund their company’s next phase of growth by ensuring that there was enough cash to pay monthly bills, weather the economic downturn, and take advantage of expansion opportunities to improve their market share.

If you want to gain benefits similar to Sue and would like help in freeing up your working capital to fund your next phase of business growth, book a demo by clicking on the link here.

Download Our Earnings Growth Spotlight® guide to discover the fastest and smartest way to accelerate your revenue growth.

This guide will teach you how to use your spend data to transform your business for profitable growth.

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Sue as a CFO understands the significance of improvements in working capital management and that it can generate more capital for her business, improve operational efficiency, increase profitability and potential growth.

The next obvious question now is how can Sue improve her working capital? Well, here is an easy solution. Extract raw payment data from your ERP or Finance system and send this information to a spend analytics system. Sue had a jaw-dropping moment when she saw the spend analytics dashboard and realised that she could free up £250M in cash just by changing the payment terms with their key suppliers from 30 days to 60 or 90 days and putting in place supply chain financing. The £250M freed up working capital was achieved in just one easy step by properly managing the payment terms. This additional working capital of £250M for Sue was key to fund their company’s next phase of growth by ensuring that there was enough cash to pay monthly bills, weather the economic downturn, and take advantage of expansion opportunities to improve their market share.

If you want to gain benefits similar to Sue and would like help in freeing up your working capital to fund your next phase of business growth, book a demo by clicking on the link here.

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Download our free Category Management Template

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Akshay Upadhye
Co-Founder
Akshay solves the biggest challenges faced by organizations as they digitally transform and establish a reputation for delivery. His contribution enables the business to realize a sustainable market competitive advantage, measured tangibly onto the business bottom line. His reputation is underpinned by a cumulative experience exceeding 22 years where he has been engaged by both small niche businesses to private equity-owned entities and world recognised brands.

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