WORKING CAPITAL MANAGEMENT
Even though you are a profitable business, are you struggling to find free cash to fund your growth plans? Invest in growth and free up the cash you need to fund change initiatives.
Our Services
We specialise in services tailored to swiftly identify and address the intricacies of the cash flow dilemmas of organizations. Our approach optimises three pivotal end-to-end processes: inventory management, accounts receivable, and accounts payable. By fortifying cash flow management, improving service performance, and facilitating cost optimisation and risk management, we enable you to develop and implement the requisite financial and operational strategies, metrics, and adherence procedures to maximise cash flow.
Through an ongoing refinement and transformation of the underlying processes governing accounts receivable, inventory, and accounts payable, a company can anticipate a substantial increase in free cash flow, ranging from 15% to 25%.
INVENTORY MANAGEMENT
Our thorough analysis encompasses the entire "Forecast to Fulfill" (F2F) process, spanning various functions, including sourcing and procurement, finance, and operations. We meticulously scrutinise the supply chain operations, encompassing product range determination, forecasting, demand planning, procurement, manufacturing scheduling, and warehousing.
Following our initial assessment, we identify avenues for inventory reduction without compromising service excellence or risking stock shortages. We also streamline product portfolio by focusing on core products and simplifying operations, all while emphasizing sustainability and providing robust metrics and management reporting to foster accountability and long-term performance consistency.
ACCOUNTS PAYABLE
We examine the "Source to Settle" (S2S) process across various functions, including sourcing and procurement, finance, and operations to achieve tangible working capital enhancements in accounts payable. Our comprehensive evaluation encompasses strategic sourcing, budgeting, supplier segmentation, invoice processing, discrepancy resolution, and supplier liability settlement.
Upon completing our assessment, we revamp internal supplier payment processes to enhance payment discipline. We optimise payment timing, extend supplier terms, and leverage the most efficient payment methods, driving cost savings.
ACCOUNTS RECEIVABLE
Our comprehensive approach to accounts receivable delves into the entire revenue cycle, from sales and quote management to order processing, invoicing and collections, which profoundly impact the accounts receivable balances. This meticulous cash flow analysis provides invaluable insights into the cash turnover of the organisation.
Following the analysis, we establish robust collections management processes, enabling monitoring of collections, identifying slippages, and detecting emerging trends. These insights are then integrated into operational strategies to tailor customer engagements effectively.
To ensure the sustainability of these improvements, we equip frontline leaders of the organization with the necessary coaching, training, and tools to optimise cash flow and foster behaviours that translate into efficient working capital management and improved earnings.