UK: Working Capital Management: Do You Manage Your Company’s Working Capital In The Most Efficient Way?

Internal and external developments will have farreaching implications on your working capital management function. Making the right decision could subsequently prove to be vitally important. Deloitte Treasury and Capital Markets can support your company with this and provides you with solutions for questions like...

• What is the impact on the financial result and balance sheet of the company?

• Should the company manage certain items of its financial value chain differently, to achieve the result which meets the objectives?

• How do I engineer the financial value chain in such a way that it is adopted throughout the world-wide organisation?

• What are the most important drivers within the financial value chain to achieve the best ROI?

• Is the financial value chain functioning in such a way that the company has sufficient cash available at the moment financial obligations have to be settled?

• Is your working capital management operation up to the job?

• Do you benefit enough from the available cash?

• Do you manage your working capital to target levels?
• Is your working capital management structure still market competitive?
• Should your working capital management strategy be improved or adapted?
• How does your working capital management function compare to that of your competitors?

Determination of strategy

• Are the current strategies suitable for future developments?
• Is the adaptation feasible or is there a need for change management?
• Your current business strategy is subject to change. Has your working capital management function the ability to support the desired changes?
• What are the opportunities coinciding with developments in the field of working capital management?

• Is your internal organisation structured in such a way that you are in control of all the elements which are influencing your working capital?
• Are you close enough to the production environment to provide influence on the working capital investment built into production planning?
• Do you have sufficient overlay structures so you can measure and steer the related working capital at crucial moments?

• Can you use your current account structure to document the needed information in an effective and efficient manner?
• How could you develop flexible documentation as support to your working capital management function?
• Who could give a second-opinion to your existing cash management documentation?

• Do you control your working capital management process in the most appropriate way?

• How can you estimate and measure whether your working capital structure gives the most optimal returns?
• Have you applied the right techniques and structure to result in the most optimal working capital management for your organisation?
• Do you have to structure the information flows in another way, so it brings a more efficient use of the cash involved?

Deloitte Treasury and Capital Markets will translate advice into an actual plan of implementation which will realise an integrated solution in close collaboration with you.

Furthermore, Deloitte is able to design a "tailor made" training plan in conjunction with you and your team throughout your whole organisation, in which interaction will be at the core.

Deloitte offers the combination of working capital management competencies, profound knowledge specific to the line of business and treasury management expertise.

The foregoing requires established expertise and strong skills in project support and comprehensive knowledge of project management and change management. This is all part of solutions that Deloitte implements for their customers.

Deloitte consultants have a broad and in-depth knowledge of working capital management at their disposal, which enables them to respond immediately to specific demands and to supervise the execution of the project. Deloitte applies the renowned and internationally tried and tested method "Global Industry Practices" to their projects which guarantees an efficient approach and a high level of quality.

Deloitte keeps their knowledge of developments in the field of working capital management at all times up-to-date and continuously seeks ways to translate these developments into business opportunities.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.