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

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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.

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