Advanced Management of Cash-Flow and Working-Capital

Short Description: In recent years there has been a growing recognition that, in the long run, effective management of cash flow is more important than profit. Long-term cash flow is the real value of a business. It has also been recognised that there is significant potential for improved financial performance from the more effective management of working capital – both directly from immediate cash gains and reduced net interest costs, and indirectly through its impact on increased profitability and return on capital employed. A key challenge in achieving these performance improvements results from the fact that actual levels of working capital and delivery of cash flow are effectively determined by the day-to-day actions of a great many managers and staff, which in large corporations often run into tens of thousands. This highly participative 5-day seminar covers the principles, techniques and skills involved in the effective management of cash flow and working capital in any business, blending a clear theoretical framework with extensive use of real-life examples and case studies. Key areas covered in this program include: • Optimising working capital. • Managing accounts receivable. • Managing inventory. • Strategic management of cash & working capital. • Planning, forecasting and monitoring cash and working capital. • Financial modelling tools and techniques for cash and working capital management.