How To Boost Liquidity:Advice To The Credit Teams


This eBook outlines the insights from Bank of America

Contents

Chapter 01

New Finance & Order To Cash Trends Being Observed

Chapter 02

How To Boost Liquidity:Advice To The Credit Teams

Chapter 03

The New CFO Initiatives In A New Normal
Chapter 02

How To Boost Liquidity:Advice To The Credit Teams


Credit teams can add value to the CFOs office

Focus on customer risk profiles: understand where your biggest risks are

Ensure that the operating cash model can be stretched for receivables payment cycles

Collaborate with sales to recover faster and mitigate credit risks

Deliver meaningful intelligence for decision-making via easy-to-use reports based on critical KPIs

Kunal Bist, Citi
Casey Kernan, EY

Key indicators that finance leaders should track on a day-to-day basis

Days Sales Outstanding

Monitoring the cash flows for strategic customers through broken promise to pays, risk class changes from the last credit review

Julie Harris,BoFA

Effective levers for unlocking cash flows

Centralize internal funds to get cash visibility

Get access to cash at a global-level & plan ahead for cash positions in near future

Recover past-dues through early payment discounts

Provide flexible payment terms to critical customers

Kunal Bist, Citi

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