Working Capital Overview

Order to Cash

Receivables

Increase collaboration across the business
Drive efficiencies through customer segmentation
Increase working capital through a single source of truth

Forecast to Fulfill

Inventory

Improve efficiency with accurate and timely product demand forecasting
Single source of truth and regular monitoring of DIO
Identification of obsolete inventory

Procure to pay

Payables

Accurately identify suppliers driving overdue
Increase efficiency of invoice payments
Monitoring of DPO and early payments

Challenges

Understanding your landscape in detail could help you release significant cash.

Receivables

Invoices not issued correctly
Terms not optimal for size of revenue
Collections process is dated and lacks rigour
Minimal understanding the customer payment behaviours

Inventory

Poor forecast accuracy
High levels of slow moving or obsolete stock
Poor expectation management in sales and operations planning cycles
Significant coverage levels for stock items

Payables

Inefficient AP payment processing through multiple payment runs or early supplier payments
Quantum of suppliers excessive for current needs
System terms don't match supplier contracts, or supplier terms not optimal for the size of spend
Payment terms do not form part of procurement incentives

How can you resolve these challenges?

Collaboration

Increase collaboration across the Order to Cash process (including Sales, Supply Chain, Customer Care & Finance)

Centralised Reporting

Single source of truth and regular monitoring of DSO and overdue KPIs

Advanced Analytics

Customer segmentation and prediction of when customers will pay allows your team to target specific customers

Reduced Costs and Increased Working Capital

Single source of information in a centralised platform where all teams can access data in real-time

Accurate Forecasting

Accurate and timely product demand forecasting across regions and sites

Centralised Reporting

Single source of truth and regular monitoring of DSO and overdue KPIs

Advanced Analytics

Accurately identify obsolete inventory

Reduced Costs and Increased Working Capital

Single source of infirmation in a centralised platform where all teams can access data in real-time

Collaboration

Increase collaboration across the Procure to Pay process (including Procurement, Site/Plant & Accounts Payable)

Centralised Reporting

Single source of truth and regular monitoring of DPO and early payments KPIs

Advanced Analytics

Accurately identify suppliers driving overdue and invoices which are not being efficiently processed

Reduced Costs and Increased Working Capital

Single source of infirmation in a centralised platform where all teams can access data in real-time

Working Capital App Overview

An overview of the reporting levels of the working capital tool and a breakdown of the levels within the Order to Cash (OTC) module.

CFO

LEVEL 0

WORKING CAPITAL

Top-down overview of the cash and working capital position providing the user with a starting point to review and interrogate the critical working capital components of Order to Cash, Procure to Pay and Forecast to Fulfil (Inventory).

LEVEL 1

1.1 ORDER TO CASH

Summary of critical Order to Cash metrics and top customers impacting overdue.

Finance Director

LEVEL 2

1.2 CUSTOMER

Ability to drill down on a receivables balance to identify the customer where any issues in collecting cash may lie.

Financial Customer

LEVEL 3

1.3 INVOICE

Pinpoint which invoices are overdue to determine the root cause of the issue / function responsible.

Financial Team

LEVEL 4

1.4 WHAT-IF

Ability to drill down on a receivables balance to identify the customer where any issues in collecting cash my lie.

Application Levels

Working Capital

Level 0 - Summary of critical Order to Cash metrics and top customers impacting overdue

KPIs

CFO Questions

Expected Outcomes

Revenue
Available Cash
Working Capital Balance
CCC
DSO
DPO
DIO

What is my DSO/DPO/DIO?
What is my cash conversion cycle?
What is the level of Overdue Debt?
What are our Outstanding Payables?
What are current inventory levels and our inventory turnover?

Quickly and accurately identify the working capital position of the company
Awareness of any areas of poor performance impacting on working capital by reviewing critical KPIs
Identify the high level drivers behind the performance of the working capital KPIs

Click below to see the Working Capital Dashboard.

The Value Discovery Journey

Where to start on the journey to a data-driven future

The first part of our approach to deploying the working capital platform involves an investment of between 2-4 weeks. The value discovery project is a short assessment of your current processes, technology and teams, in order to scope and estimate the time and data required to implement:

A strategy that modifies current business processes to utilise the new platform.
A data architecture that feeds the platform the required data.

A roadmap of features based on the priorities of your organisation.
A visualisation application that has a user experience with your team's requirements at the heart of the design.

2 - 4 Weeks

8 - 12 Weeks