The Working Capital Series Part I
In this recorded presentation, Damian Glendinning identifies the trade-offs that corporates need to make when establishing a Working Capital Policy.
1.Policy: manage the level? – How to handle the business trade-offs?
2.How do we fund it? – On or off balance sheet? Long or short term?
3.Instruments – factoring, LCs, etc. – and the accounting treatment.
4.Accounting, measurements, incentives and KPIs
5.New technology and funders – internet portals
6.Business creep – keeping up with changes in the business model