Working capital management (WCM) is becoming increasingly important for companies. Targeted management of working capital helps to strengthen liquidity, reduce capital tied up in operations and increase the company’s ability to finance itself internally. At the same time, efficient working capital management improves the financing structure, reduces the need for external financing and increases resilience to volatile market conditions, supply chain disruptions or fluctuations in demand. Furthermore, it makes an important contribution to improving a company’s operating cash flow, profitability and creditworthiness.
The new best practice guide provides a concise overview of the fundamentals of working capital management. In addition to key performance indicators and their interpretation, the focus is particularly on the processes along the operational value chain and the areas where the treasury function can exert influence. It covers potential for optimisation in the procurement process, in warehousing and production, and in the sales process (order-to-cash). Furthermore, the publication explains how measures to improve working capital can be measured and evaluated.
In addition, it presents typical challenges during implementation, key success factors and best practices drawn from corporate experience. A practical example, based on a real-life scenario, illustrates the implementation of a working capital project, the measures taken and the lessons learnt in the process.
Designed as a compact reference guide in PowerPoint format, this best-practice guide is aimed at corporate treasurers and finance managers who wish to gain a thorough overview of methods and starting points for optimising working capital management or who wish to further develop existing processes.
Die deutsche Fassung finden Sie unter diesem Link.
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This publication has been translated from German into English using artificial intelligence. The translated version has not been reviewed linguistically by a native speaker or a subject-matter expert and has been published in its automatically generated form.
Please note that this is therefore a machine translation, which may deviate from customary professional or linguistic standards, particularly with regard to technical terminology, industry-specific expressions, or linguistic nuances.
The Verband Deutscher Treasurer e.V. assumes no responsibility for the accuracy or precision of the translation and cannot be held liable for any misunderstandings or errors arising from the use of this English version.
