5 Finance Transformation Hacks to Secure Working Capital Performance Amid Changing Market Conditions
Finance leaders need to be prepared to quickly respond to disruptions, such as FX exposure, supply chain risks, and fluctuating interest rates. It’s therefore imperative that finance leaders stay abreast of changing market conditions, working with internal stakeholders to shore-up working capital performance while ensuring continuity of operations.
During this session, Amy Hillcox, Senior Procurement Research Director (The Hackett Group) and Ulrika Haug, Senior Director, Product Marketing (Coupa) cover 5 finance transformation hacks to secure working capital performance:
- Ensure you understand your risk exposure
- Collaborate with Procurement to optimize supplier payment conditions and identify liquidity challenges
- Work with Supply Chain to improve strategic stockholding positions
- Proactively trade-off cash vs cost concerns as market factors shift
- Take advantage of credit extension and rebate opportunities for tail spend
