Automation and its Impact on Working Capital Management

An organisation’s cash flow position and the management of working capital are critical to its healthy operation and ongoing success. Achieving better working capital management isn’t possible without first improving the visibility of your organisation’s financial position, both now and into the future. Without a clear picture of your organisation’s current and future financial position, it’s very difficult to make optimal decisions about cash on hand, lines of credit, investments and other factors critical to achieving the organisation’s business objectives. In addition to greater visibility and its impact on forecasting, accounts payable automation can play an important role in reining in operating costs and improving cash ow by optimising internal processes. An organisation’s cash flow position and the management of working capital are critical to its healthy operation and ongoing success. In this white paper we focus on how automation can play an important role in reining in operating costs and improving cash flow by optimising internal processes.