Step Up Your Game in Cash Control
In a climate of cash flow visibility becoming more important, CFOs and finance organizations need to focus on internal funding sources throughout the company. To improve working capital organizations must bring their cash-in and cash-out value streams together and view inbound and outbound payments as two sides of the same coin – as one global cash flow process. By synchronizing accounts receivable (AR) and accounts payable (AP) processes, finance departments can achieve an optimized cash position and an overarching view into cash flows creating the foundation for DSO and DPO optimization.
Strive for DSO & DPO equilibrium: Gain full control of incoming and outgoing cash flows, unlock hidden potentials, and improve the performance of all your cash-related processes. With a solid CFO Playbook and game plan in place, you can build your strategy to create order to cash and procure to pay cycles that are operating symbiotically. Step up your game and achieve optimal cash supply and sufficient liquidity at all times.
Virtual Expert Forum August 26th, 2020
Optimize DSO & DPO
How can CFOs and finance organizations find viable instruments to build towards best-in-class DSO and DPO performance, facilitating groupwide cash control and financial stability? Join our virtual expert forum and find out. A panel of industry experts and Serrala customers will provide valuable insight into what organizations should do now to achieve best in class AR and AP KPIs.
We are pleased to announce that Matthew W. Skudera, Chief Content Officer (CCO) at the Credit Research Foundation (CRF) will provide you with the latest figures and numbers determined by CRF delivering a comprehensive picture of the current economic situation and the impact for AR and AP managers.
Control of Your DSO and DPO Drivers
Go on the offense by proactively improving processes and taking decisive action wherever possible. Centralize data and automate processes in order to cash and procure to pay to improve your DSO and DPO performance and gain high-level visibility of all incoming and outgoing cash at all times.
Prioritize Security and Compliance
Strengthen your defense by setting up safeguards and control mechanisms throughout your order to cash and procure to pay processes to prevent cash depletion at all times. Build towards standardized and compliant customer and supplier onboarding processes, secure bank connectivity, and sensitive fraud detection and prevention capabilities.
Digitize for Greater Agility
Tear down cross-department barriers and improve your DSO and DPO by operating one automated and seamless process for inbound and outbound payments. Ensure the same level of speed, quality and efficiency throughout AR and AP to achieve the best possible cash flow. Build towards a strong digital infrastructure to ensure efficient team work anytime and from anywhere.