When COVID-19 hit, companies were forced to find ways to preserve their liquidity. But in the recovery, many companies have untapped opportunities to turn working capital management into a competitive advantage.
In a new report, Cash in: Getting more out of your working capital, we share research that shows companies often lack full visibility into how working capital is managed. Many have limited visability, and ineffective leadership structures, with no clear accountability. We discuss how companies can implement more insightful, data-driven metrics and streamline executive accountability. This approach has helped many companies free up tens of millions of dollars in cash.