APEX Portal - Part 3: Working Capital Optimization Requires SIM
Working Capital Optimization Requires SIM
How the APEX Portal can help you improve working capital and drive other strategic P2P initiatives
A robust vendor master supports a wide variety of strategic initiatives. A good example is Working Capital Optimization, including payment terms extensions and early payment programs.
“One size fits all” does not apply when it comes to working capital. Some companies are cash rich, some need cash now, and some need to dress up their balance sheets once in a while. And any one company’s cash position can change over time – through mergers and acquisitions or other changes. This means that Procurement, AP and Treasury need a range of working capital and early payment options available to address their changing working capital needs and those of their suppliers.
In the third webinar of our three-part series on the APEX Analytix Portal, you will learn:
- What Is Working Capital Optimization?
- What Drives results? (HINT: It’s Supplier Information Management)
- How Supplier Registration and SmartVM Impact Working Capital
- Flexible Cash Discount Management options
- Real World Case Studies
Think about it, no payment terms extensions, dynamic discounting or supply chain financing programs will be successful without robust supplier information.