Four Steps to World-Class Working Capital

When it comes to improving working capital practices, companies often seek a quick fix, such as a clear number that tells them how much money they might unlock if they only had better working capital practices. Benchmarking is valuable for uncovering that information, but its value depends on having an adequate degree of similarity in making comparisons. This paper offers four specific practices that companies should find useful in gaining the detailed knowledge they need to raise their working capital game.

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