- August 17, 2010
- Your Price: FREE
In April 2010, APQC’s Financial Management Research Team, in partnership with Ariba Inc., conducted a benchmarking study to test several hypotheses about the management of working capital during and after the recession. The high-level conclusions, APQC’s in-depth analyses, and several CFO interviews reveal, among other findings, that:
- Companies are pushing for greater cash efficiency because, in the current economic climate, that can mean strategic advantage.
- Stronger cash flow control leads to more options for cutting costs and driving yields—but first the paper bottlenecks have to go.
- CFOs will be proactive in evaluating the financial health of suppliers.