Fight Inflation by Optimizing Working Capital with Advanced Technology - Webinar (Recorded)

Inflation is the current condition of the business environment. Accounts Payable & receivable must be established on advanced technology platforms to enable transactions-driven real-time cash control. This Webinar will recognize the inhibitors to good cash flow offset by improvements in cash flow. Working capital is defined as Working Cash. It is short-term cash on hand to support sales & operations whose availability is impacted primarily by AP & AR. Cash is the chief component in all decisions. Strategies must ensure availability amid inflation.

Why you should Attend

Companies thrive and survive on their ability to meet financial obligations as they become due. This requires efficient and sustainable cash flow management. Inflations and increasing interest rates contribute to rising costs of capital. In response, companies must optimize internal cash flow. Advanced technology maximizes the efficiency of cash flow management, which encompasses accounts payable & receivable. 80% of all cash-related company transactions are processed through accounts payable. Inflation requires focused methods to maintain sufficient cash on hand Slow accounts receivable collections experiences during inflation significantly hamper cash flow.

Companies must transform document-driven methods & models to transaction-driven tools & technologies to manage cash in real-time.

Areas Covered in the Session

• Impact of inflations on capital/cash flow
• Internal cash flow & business sustainability
• Inhibitors to internal cash flow
• Improving cash flow with advanced technology
• Creating a Cash-Centered culture
• Inhibitors to Internal Cash Flow
• Document-driven accounts payable
• Document-driven accounts receivable
• No real-time internal cash flow control
• Lack of visibility when employees work from anywhere
• Outdated disbursement techniques 
• Outdated collection techniques
• Clients stretching payments amid inflation
• Discounted purchases
• Stockpiling inventory
• Lack of cash-centered culture
• Improving Cash Flow with Advanced Technology
• Re-imagine accounts payable as a fully integrated core paperless transaction-based payments system
• Re-Imagine accounts receivable as a fully integrated core paperless transaction-based cash & collection system
• Re-imagine a real-time connection to all transactions & systems to the general ledger