The Treasury

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Time to improve your cash management strategy

How smart is your cash management strategy? Let’s review the fundamentals. Which of these statements is incorrect? A.  A sound cash management strategy involves looking at all of the organization’s cash inflows and outflows. B.  Collection processes and the average length of account receivable can have a significant impact on cash management. C.  Cash flow … Read more

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The cash flow revolution is here – are you ready? Pt 1

Whether we recognize it or not we are now living in the Fourth Industrial Revolution. Driven by the need to release new levels of cash, companies are transitioning from limited working capital programs towards enterprise-wide cash optimization. In two blog posts I will show how this transition is both fueled and enabled by the Industry … Read more

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The cash flow revolution

In times of uncertainty, businesses tend to look inwards. Decisions are made to reduce outgoings, capex and R&D projects are shelved, and costs savings are made where possible. Invariably, suppliers are caught up in the cash conservation initiatives, as businesses tend to push out payment terms to improve days payable outstanding (DPO) figures. But this … Read more

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Nordic Cash and Treasury Management: Digitalization starts with the analysis

Before you embark on a digitalization project, there are a few key things to consider. First you must know where to digitalize and how to prioritize your ongoing changes. To understand this you must identify the time that absorbs too much energy in your business. This is the belief of Lars Beckman, CEO at Core … Read more