Latest Cash Management Articles
It’s well-known that payments from large buyers can often be slow, causing significant pressure on small and medium-sized enterprises’ (SMEs) working capital. As a recent example, in late January UK multinational Diageo - whose brands range from Guinness to Johnnie Walker whisky - made waves by announcing that it would extend supplier payment terms from 60 to 90 days.
Many organisations are setting out to drive their performance in the right direction, swimming against the tide of challenging marketplaces. Working capital management is a crucial component in this process.
The experience of mid-market firms in the US is quite distinct to that of other business segments. Looking at 2015, many of these companies are seeing green shoots for their businesses - even though the macroeconomic and political environment looks uncertain.
Businesses with international operations are well aware that unexpected global and domestic events, both political and economic, can create turbulent conditions in which to operate and 2014 was as much of a rollercoaster year for international businesses as any.