Find out at SAPPHIRE NOW how to manage your working capital with an integrated solution
As digitalization is disrupting your entire company and value chain, certain fundamentals in finance will always stay the same. For example, working capital is the fuel of your business. But you now need to approach your working capital challenge with a view on real time and not just as a report at period end.
An integrated working capital management approach can deliver tangible business benefits today. Did you know, that reducing the cash conversion cycle by just seven days leads to an increase of over 1% in earnings before interest, taxes, depreciation, and amortization (EBITDA) and gross margin*? If you want to learn more on how your finance system can help you achieve this, you might want to join this year’s SAPPHIRE NOW and ASUG conference in Orlando (June 5-7), and visit our “Treasury Management and Working Capital” topic station on the show floor.
An efficient working capital management system needs to be designed to explore root causes of working capital changes and optimize strategies to improve the company’s liquidity, efficiency, and overall financial health. Treasurers should be empowered through a centralized view of cash to cash metrics as well as tools to simulate scenarios and implement decisions effectively.
To help you achieve this benefits, SAP has brought together the end-to-end capabilities from different solutions into one comprehensive package that delivers a working capital management solution to you: receivables management, payables management, integrated business planning for inventory, and cash and liquidity management are all working together seamlessly under the SAP S/4HANA umbrella, sharing one common data source and allowing immediate insight to action.
Curious? You are attending SAPPHIRE NOW and want to learn more about working capital optimization with SAP S/4HANA? Just list the interactive session on working capital optimization on your agenda builder, or enroll for the demo session on end-to-end treasury management. Or simply stop by and visit our topic station in Orlando.
Looking forward seeing you in Orlando soon!
*Source: The Hackett Group