An agile approach to payments and protecting cash
In a world of uncertainty where events are unfolding quickly, organizations need to be more agile.
Surveying nearly 100,000 companies, this report from The Hackett Group shows how successful organizations are safeguarding cash by optimizing payment terms, managing payment runs, and anticipating stock management demand.
Download this report to explore three ways you can protect cash:
- Extending payment terms. By how much? What should you look for before you extend?
- Changing payment runs. Instead of daily or weekly, consider less frequent runs and how to strategically prioritize your suppliers.
- Anticipating demand. If spikes or slumps are impacting inventory, what steps can you take to work more effectively with suppliers.