When the credit markets suddenly froze during the financial crisis, finance teams at large companies went into triage mode and raised spare-cash levels to unprecedented heights. What's happened since then?

One year ago, APQC's financial management research team began to examine the current and future state of working capital management. Our working hypothesis, which carried across several surveys and published reports, held that the Great Recession was so big and hairy that it would compel CFOs and COOs to pursue sustainable improvements to the management of working capital and cash flow intelligence. The important word in that last sentence is sustainable.

Read more:
businessfinancemag.com/blog/sustainable-working-capital-improvements-making-best-practices-stick




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