Finance functions face many pressures and challenges to enable continued improvement in business performance. We are continually hunting for more sources of profitability, cash and intangible financial value.
In the march for growth and profitability we can sometimes overlook working capital management despite the risk of failure when a business no longer has the cash or financing to pay its bills.
Cash is king and working capital management can unlock cash from day to day operations. Good working capital management can yield a range of great benefits and help minimize risks and lost opportunities.
This course will clarify the role of working capital and signpost you to techniques to help you and your business colleagues optimize it for the benefit of your organisation’s performance.
By the end of this course, participants will obtain a greater understanding of:
- Defining working capital clearly
- Assessing working capital adequacy and liquidity
- Selling the benefits of working capital management to your colleagues
- Identifying the risks from poor working capital management
- Explaining techniques to enhance working capital management
Authored by: Roy Chambers
Roy Chambers is a finance professional with international senior commercial experience in a major plc and a background in finance training. Roy combines experience with development skills to improve business finance through better strategy, evaluation, decisions and leadership.
Roy consults for businesses in various sectors and his courses reflect hands-on knowledge of leading finance functions and managing strategy & planning and acquisition projects.
CPD Points: 1
CPD Duration (hours): 1
Access: 12 months from purchase date