Improve Your Cash Conversion Cycle

    How can your business improve its Cash Conversion Cycle effectively? Register now for our upcoming webinar to discover three actionable strategies to enhance your cash flow and operational efficiency!

    22 August 2024
    On-Demand
    Australia and New Zealand

Speakers

Peter Dorrington
Host/Moderator
Executive Leaders Network

As the host and moderator, Peter is responsible for organising and facilitating the discussion, whilst fostering a collaborative environment where everyone's ideas are heard and respected.

Christophe DuMonet
Managing Director
Esker Australia

Over the past 18 years, Christophe, as Managing Director of Esker Australia, has led the expansion of Esker SaaS operations in Australia, New Zealand and Japan. His expertise in B2B business solution to improve productivity of Finance and Customer Service teams resulted in 250 companies running their finance and customer service operations with Esker’s Invoice to Cash and Source to Pay solutions. 

Scott Walkinshaw
Chief Financial Officer
NorthFleet

Scott has been the CFO at Northfleet since July 2022. A Chartered Accountant with experience at PwC in New Zealand and Australia, he has held senior finance roles in large mining services businesses in Western Australia since 2014. His expertise includes buy-side M&A, finance innovation, systems improvement, and strategic financial management. 

Who's Attending

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3 Actionable Strategies to Improve the Cash Conversion Cycle

In today’s competitive business landscape, efficient cash management is crucial for sustaining growth and ensuring financial stability. Cash Conversion Cycle (CCC) measures how efficiently a company manages its cash flow, focusing on the time taken to convert investments in inventory and other resources into cash flows from sales. A shorter CCC indicates a more efficient use of working capital, freeing up cash for other strategic initiatives.

In 2021-22, 55% of Australian companies increased earnings, but 64% saw a rise in net working capital, meaning more businesses increased the cash tied up in their working capital cycles than increased their earnings, as reported by Deloitte's 2022 Working Capital Report.

Join us for an insightful webinar where we delve into three actionable strategies that can significantly improve your Cash Conversion Cycle.

Key Takeaways:

  • Enhanced Cash Flow: Gain practical insights on how to improve your company’s cash flow by shortening the Cash Conversion Cycle through automation and strategic sourcing.
  • Operational Efficiency: Understand the tangible benefits of automating both accounts payable and accounts receivable processes, including reduced manual errors, faster processing times, and improved accuracy.
  • Strategic Procurement: Learn effective sourcing strategies that can lead to better supplier terms, cost savings, and ultimately, a more favourable cash position.
  • Competitive Advantage: Discover how these strategies can provide a competitive edge by freeing up working capital for investment in growth opportunities and other strategic initiatives.

Don’t miss out on this opportunity to learn how to optimise your cash flow and enhance your financial operations.

Good news: This is a online event that can be attended from the comfort of your office/home, eliminating the need to travel. By choosing to attend this online event, you are contributing to a more sustainable future while still benefiting from valuable industry insights.