There is an old saying: “Life is 10% what happens, 90% how we react.” In corporate life, that 10% is economic reality, and the best way to react is by optimising your working capital. Did you know? By optimising working capital, a typical fortune 100 company could generate almost $2 billion in additional cash annually! But, how do you optimise working capital in your business?
Gii Finance is a trade finance provider that offers a comprehensive range of benefits to both corporates and SMEs in all business sectors. In their latest infographic, they offer 5 great ideas for optimising working capital, including shortening credit terms and using a supply chain analytics software.
According to a huge 73% of execs, supply chain analytics tools are particularly important for meeting finance goals. Find more statistics like the one above in the infographic below: