Optimizing working capital is much different than simply managing working capital. Fine-tuning an organization’s inventory management, operations, and vendor/supplier relationships requires a comprehensive strategy, a well designed gameplan, and consistent execution.
Not many companies have adopted the combination of technology, processes and approach needed to effectively optimize working capital. The Nitor team provides strategy considerations that will help a company determine how your organization can evaluate risk, choose the right technology, integrate planning efforts, improve payment terms, and speed up payments and invoicing. Nitor comprehensive strategy leads to a solid business case that warrants executive buy-in to the working capital transformation initiative.