We can help the company overcome its working capital challenges by:
- completing a working capital benchmarking exercise to compare performance against peers and identify potential improvement opportunities
- performing a diagnostic review to identify ‘quick wins’ and longer-term working capital improvement opportunities
- developing detailed action plans for implementation to generate cash and make sustainable improvements assisting with the implementation of sustainable working capital reduction using robust, efficient and collaborative processes, with a focus on the key levers of:
- process optimisation throughout the entire end-to-end working capital cycles;
- compliance and monitoring;
- identification and improvement of commercial terms;
- creating and embedding a ‘cash culture’ within an organisation, where the trade-offs between cash, cost and service are evaluated and optimised.