BEST PRACTICES IN MANAGING THE CASH CYCLE

This programme will provide a leading-edge forum for you to significantly improve your working capital management skills. You will gain a comprehensive range of very practical and highly effective tools and approaches that can be immediately implemented upon your return to work. By attending this event, delegates will understand: • The importance of credit to the company and the economy . • The “cost of credit” and its impact on company profitability • Practical steps that reduce bad debt losses and “uncollectible” debtors •How to use different tools and techniques to maximize cash collection effort • How to effectively manage cash and working capital to reduce costs and improve cash flow • How leading companies from across the globe are achieving best practice in Accounts Receivable • The importance of the accounts payable function with regard to its links with the supply chain and cash flow • The integrated systems of purchase order processing, stock (inventory) control, purchase ledger and cash payments and their links with the general ledger • How to effectively manage cash and working capital to reduce costs and improve cash flow • The impact of risk and uncertainty on the business and its impact on accounts payable and cash flow • How leading companies from across the globe are achieving best practice in Accounts Payable.