Thu Sep 15 CEST (in 10 months)
In your timezone (EST): Thu Sep 15 3:00am - Thu Sep 15 11:00am
Mannheim - Online
Recognize, understand and realize potential.
This seminar deals with the components and influencing factors of active working capital management along the cash conversion cycle. The first part is primarily about uncovering and realizing potential through internal process optimization with a focus on the accounts receivable and accounts payable area. Building on this, the second part deals with further optimization options through the use of supply chain finance solutions. Using case studies, practical problems are worked out, taking into account various initial situations.
Building blocks and adjusting screws in working capital management:
• Definition and components of working capital.
• Working capital in the narrower sense: receivables, stocks, liabilities.
• Adjusting screws along the cash conversion cycle.
• Potential analysis: Recognize and quantify liquidity effects.
• Influence of working capital on company value and creditworthiness.
Accounts receivable and accounts payable management:
• Optimization options in the sales process: customer credit risk, terms of payment, invoicing, due dates, dunning.
• Optimization options in the purchasing process: master data, terms of payment, invoice approval, payment run control, due dates, discount.
• Reporting and key figures.
Supply chain finance:
• Term delimitation, definition and overview of instruments.
• Factoring, reverse factoring and dynamic discounting: functionality, advantages and disadvantages, areas of application.
• Provider overview and market trends: banks and fintechs.
• Criteria for the choice of instruments and providers.
• Sequence of a selection process.
Group of participants:
Employees and executives who work in the financial sector or who are responsible for it, who (want to) deal more closely with modern working capital management and want to gain an insight into the possibilities of supply chain finance solutions.
After a brief introduction to the general building blocks and basics of working capital management, options for process optimization and liquidity generation in the area of accounts receivable and accounts payable are first developed. Then supply chain finance solutions and providers will be presented. Participants learn which criteria are important when selecting a provider and how to proceed.
Manager, Schwabe, Ley & Greiner
Senior Consultant, Schwabe, Ley & Greiner