Description
Learn effective techniques for managing working capital in your business.In the current economic environment, many companies are facing the perfect storm of pressures on the ability to operate, such as inflation, increasing interest rates, surging costs, supply chain disruptions, and soaring logistics costs. These factors and many more are putting increased pressure on debt covenants and preventing businesses from investing in strategic initiatives. This presentation will help leaders understand why organizations that focus on strong operational behavior are better prepared to embrace challenges and be more resilient. The panel of speakers will identify key pillars of how to build strong cash management capabilities and what areas can be targeted within the organization for cash flow improvement. This topic is critical for companies that are focused on improving their financial health and resiliency by making a sustainable shift to address cash and cost pressures within their own operations.
Date: 2023-03-22 Start Time: End Time:
Learning Objectives
Companies of All Sizes and Industries Preparing for the Economic Slowdown and Those With Strong Operational Attention and Performance Will Be More Resilient to Pressures
• What Clients Are Doing to Prepare for an Economic Slowdown
• Economic Pressures That CEO/CFOs Are Facing
Companies That Manage Cash Well Can Maximize Shareholder Value During and After a Market Disruption Event
• What We Found Analyzing 5,000 of the Largest Public Companies
• Difference in Resilience of Low and High Cash Performers
• Sector Level Insights
Cash Management Is a Cross-Functional and Cultural Challenge
• Comprehensive Liquidity Strategy
• Cash Leadership
• Initiative Tracking
• Communication, Training, and Incentives
Improvement Areas to Help Organizations Unlock Cash Trapped in Operations
• Payables
• Receivables
• Inventory
• Non-Trade
How Companies Can Get Started on Maximizing Free Cash Flow
• Assess Opportunities
• Design a Program Aligned With Business Objectives
• Governance and Accountability
Questions and Answers
AIPB ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Brett Everhart-Ernst & Young LLP, Melissa Orsi – Ernst & Young, LLP
