Driving the efficient use of Working Capital can contribute significantly to creating shareholder wealth or improving financial performance generally.
- Optimisation of end to end revenue cycle across Procurement, Accounts Payable (AP) and Accounts Receivables (AR) together with improved Management Information
- Improvement of in-house collection capabilities to reduce overdue debt and refocus the organisation on a pre-emptive collection cycle
- A proactive approach to Credit Management, improving Days Sales Outstanding (DSO) by up to 30%
- Minimisation of late payment to decrease reactive responses
- Early identification of customer queries through the introduction of a Query Management System, eliminating reasons not to pay
- Alignment of supplier terms through improved procurement processes
- Improved process and procedures which maxmise throughput
- Management of outsource providers (AP & AR) to address issues and work across the business
- Development of new policies, processes and metrics to enhance the quality of Management Information
