Financial Planning and Consolidation

Working Capital Management

Working capital management is relevant in a booming economy as well as when markets and profits are volatile since, by increasing the level of internal financing, it enables greater financial flexibility and independence.

  • Target group

    Financial controllers, specialists and executive managers in the fields of finance, purchasing, sales, production, provision of services, supply chain management, general management.

  • Benefits

    • After the definition of terms and KPIs, you will receive a detailed overview of the advantages and the challenges of this tool. • You will receive plenty of practical tips on implementing the tool effectively. • You will also take home valuable advice on successful process management. • You will gain the required skills to use the toolkit for optimising trade accounts receivable and payable.

Training Topics

  • Definitions and components of working capital

  • Objectives and trade-offs in working capital management

  • Working capital management and value added management

  • Working capital management KPIs

  • The core processes of working capital management: forecast-to-fulfil, order-to-cash and purchase-to-pay

  • Obstacles and areas of conflict in working capital optimisation

  • The organisation of working capital Management

  • Managing working capital projects successfully