Working Capital Management
Recent Activity
Wayne Spivak (Managing Consulting CFO, SBA * Consulting, LTD)
Chase and several of the other large banks also allows make deposits by taking a picture of the check. Do you feel this is a smart step forward? What do you see as pitfalls and in any event, wil it impact you as CFO's?
Barbara Smith (Controller, Jamestown Distributors)
We are a small (50 person) business with an ERP system that is geared much more to inventory than accounting. I am looking for a software package (not too expensive) that would help us with the budgeting process and cash flow forecasting. Any suggestions would be...
Brian Hawn (Marketing Communicator, RAI Stone Group)
It seems that big businesses (Fortune 1000, let's say) take too long to pay. As a small to medium-sized business, how does that impact your cash flow? What are some ways that you circumvent this practice?
Patrick Dunne (Corporate Controller, Packaging Dynamics)
I want to increase our DPO and was curious if anyone has ideas on best practices. Our A/P systems are set to pay based on due date and we cut checks/ACH's three times a week. I don't want to just hold all A/P at the end of a month or quarter as I will...
Ken Stumder (Assistant Controller, Stylesight)
Some of our Brazilian customers/suppliers indicate it is especially difficult or prohibitive to send and receive money from abroad. I'd like to facilitate the process of receiving customer remittances and paying our vendors without formally setting up shop there. Does...
Lou Childs (Director, Marketing and Communications, AOC Solutions)
What makes you crazy about the Accounts Payable process in your organization? What are your blue sky ideas for improving AP?
Anonymous (CFO)
My company has "loaned" an officer funds under a promissory note. This has accumulated and the company is now doing well enough to pay him a salary. Is there any way to reduce the promissory note without having to have him pay it with after tax dollars...
Lawrence Serven (President, XLerant, Inc.)
Do you do rolling forecast in your company? If so, is it "traditional" rolling forecast meaning each month or each quarter you do a forecast for the remainder of the year? Or do you do something like a rolling 12 month forecast where each month you look out 12...
Anonymous (Accounting Manager)
Linda Wright (Consultant)
