Working Capital improvement techniques
Duration : 5 days
This course focuses on efficient working capital management, essential for smooth operations and enhanced profitability. Participants will learn strategies for managing inventory, accounts receivables, and accounts payables to maintain the working capital cycle, minimize capital costs, and maximize asset investments. Topics include the cash conversion cycle, budgeting, and credit policies.
Learning Objectives
Understand the meaning and significance of working capital and its management.
Learn key liquidity ratios to evaluate a business’s working capital position.
Calculate and analyze the working capital operating and financing cycles using published accounting data.
Training Program
Introduction to Working Capital Management
Significance of Working Capital Management
Key Role of Working Capital Management
Cash Flow and Profit Relationship
Balancing Risk and Return
Fundamentals of the Working Capital Cycle
Basics of the Working Capital Cycle
Cash Conversion Cycle
Inventory Management
Debtors and Days Sales Outstanding
Creditors and Days Payable Outstanding
Theoretical Approaches to Working Capital Optimization
Concepts for Working Capital Optimization
Economic Order Quantities
Process Improvement Techniques
Practical Techniques for Working Capital Optimization
Basic Practices for Efficient Working Capital Management
Credit Control Strategies
Stock Control Methods
Debtor Management and Cost Implications
Management Reporting with Key Performance Indicators (KPIs)
Advanced Strategies for Working Capital Management
Advanced Practices in Working Capital Optimization
Treasury Procedures
Technological Solutions for Working Capital
Effective Payment Systems Management
Comprehensive Cash Flow Management
Outsourcing Debt Management
Financing Options for Working Capital
Exploring Working Capital Financing Solutions
Supplier Financing
Alternative Receivables Funding
Analyzing the Opportunity Cost of Capital
Opportunity Cost of Capital and Credit-Related Systems
Calculating the Opportunity Cost of Capital Rate
Understanding the Credit-Related Fund System
Development of Related Financial Theories
Strategic Impact of Credit Policies on Working Capital and Profitability
Evaluating Strategic Credit Policies
Effective Pricing and the Creditor Firm
Impact of Alternative Credit Policies on Working Capital and Profitability
Transfer Your training path continues in your participant space. Log in to access resources, self-assess your skills acquired during your training, and facilitate the implementation of your commitments in your professional context.
Key Points
Numerous practical examples illustrating the different studied concepts
Practical cases carried out in Excel by the participants at each key stage of the training
Who Should Attend This Training
Accountants
Business Managers
Finance Managers
Cash Managers
Business Owners
Finance Professionals
Non Finance Managers
Prerequisities
Basics of corporate finance
Teaching Methods
Training structured around skill transfer
Acquisition of operational skills through practice and experimentation
Collaborative learning during synchronous sessions
Multi-stage learning path to allow engagement, learning, and transfer
Training promoting participant engagement for better anchoring of lessons
Satisfaction and Evaluation
Skill evaluation will be conducted throughout the training by the participant (self-evaluation) and/or the trainer according to the training methods.
Online training evaluation on your participant space:
Immediate evaluation at the end of the training to measure your satisfaction and perception of skill improvement against training objectives. With your agreement, your overall rating and comments will be published on our site via Verified Reviews, NF Service Certified Solution
Post-training evaluation 40 days later to validate the transfer of your acquired skills in the workplace
Attendance tracking and issuance of an individual training certificate or a certificate of completion
LONDON
128 City Road, EC1V 2NX London
PARIS
38 Rue Boulard, 75014, Paris