Those of you who work as a CEO or CFO have probably experienced TIME as a problem. Managing invoices, sending reminders, and keeping track of payments are time-consuming tasks that many companies struggle with. Manual administration drives up costs in the company and reduces margins.
A high working capital may indicate that there is a lot of capital tied up in accounts receivable and inventory. Then it is important to receive payments from customers and increase sales. By improving working capital, your company can reduce the need for outside financing and be able to invest in development. Download our newsletter and get tips on how you can strengthen your cash flow and improve your working capital by 30 percent.