In recent years, the Working Capital Requirement (WCR) of companies appears to have stabilised throughout the world, despite an increase in Days Sales Outstanding (DSO) in 2017. In Australia, several studies have shown that while Days Working Capital (DWC) has slightly decreased in 2018, it has remained in line with the long-term trend that the number of days it takes to convert sales into cash has grown. By improving their billing and collections process, businesses can improve their Working Capital (WC) and, as a result, free up cash to finance their development.
Download and discover what actions can a business implement to better control their Working Capital Requirement.
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