Preserving Liquidity in Uncertain Times ~ Latest Series from Bank of America
CFO Leadership Council is proud to align with Bank of America as a national partner. They have you covered with new insights from working capital experts.
During an economic downturn, working capital drives businesses forward. In this timely series, our partner experts explore treasury’s important role and strategies for navigating today’s challenges including optimizing accounts payable in an economic downturn, and strengthening your company’s working capital framework.
Optimizing Accounts Payable in an Economic Downturn
The ability to create working capital in challenging times not only helps meet immediate needs, but can position your business for future success. We can help you determine the optimal way to pay each supplier, which can yield big benefit such as:
- Lower costs
- Weeks of float
- New revenue streams
- Less manual work
Working Capital: A Post-Crisis Framework
Strengthening your company’s working capital framework is more important than ever. There are strategic decisions you can make right now to:
- Reduce your cost of goods sold
- Enhance revenue without increasing costs
- Speed cash velocity, cutting the costs of financing your operating cycle
About The CFO Leadership Council
The CFO Leadership Council offers both live & online programs that feature expert panels and interactive sessions that drive meaningful conversation and leadership development among our membership. Our collection of leadership development resources similar to this article contain pragmatic insights and advice sourced directly from our members and industry experts. Recordings of CFOLC webcasts are made available to our current CFOLC Premium & Virtual members. To learn about membership options and CFO Week, visit www.cfolc.com.
Want to Continue the Conversation?
We’d love to hear from you. Post a comment about your experiences or provide feedback below to continue the discussion about how creative leadership in the current climate. Or contact Kristin Todd, Vice President of Marketing, [email protected].