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Seminar Recording

Show Me The Money: Driving World Class Cash Management

Date: Thursday, February 13, 2014
Time: 2:30 pm - 3:30 pm EST There are no CPE Credits for this Solution Demonstration.
Operational efficiency isn’t the only obsession with accounts payable today. As top performers streamline invoice processing, the next step is to help their finance organizations manage cash better by combining early payment discounts with a payment term extension program.

In this session, you will learn how you can mine profits in accounts payable from early payment discounts while supporting treasury’s goal to improve working capital. The ability to maintain or extend days payable outstanding (DPO) and expand the discount pool is one of the great, untapped opportunities in all of corporate finance.

Key takeaways:

  • Compressing the invoice processing cycle has a dramatic impact on how organizations manage their cash
  • Dynamic discounting presents new ways to capture discounts, through real-time collaboration and sliding rate scales up to the net invoice term
  • Payment terms rationalization and extension in conjunction with an early payment discount program deliver cost savings and increased returns on cash while also allowing you to maintain or extend your DPO

Presentation delivered at ProformaTECH 2014 -

Track: Operational Advantage | Session: 2

Speaker: David Bennett, Senior Manager, Working Capital Consulting, Ariba

finance, accounting, treasury, cfo, technology, finance technology


David Bennett, Senior Manager, Working Capital Consulting, Ariba
David Bennett
Senior Manager, Working Capital Consulting, Ariba
David Bennett is Senior Manager, Working Capital Consulting at Ariba, an SAP company, where he works with clients in the development of holistic working capital management programs. In this role, David provides presales support, working capital business case generation and client consultation, with a focus on ensuring that working capital objectives are identified, accurately evaluated and ultimately achieved. Prior to joining Ariba, David spent five years at J.P. Morgan Chase in a similar working capital roll, helping the bank’s tier-one clients achieve working capital efficiencies through discounting and commercial card programs. Throughout his career, David has overseen the implementation and management of more than 40 working capital programs. He holds a B.A. in Economics from the University of California, Santa Barbara.


Event Sponsor Ariba
Ariba - Ariba, an SAP company, is at the forefront of this new wave of collaborative finance. Our working capital management solutions allow you to accelerate payments on approved invoices to key suppliers in return for a discount. You earn an immediate return on your cash. And your trading partners can use that cash to fund their daily business needs and ensure they can meet your ongoing demands.
By filling out this form you will become a member of Proformative, and are subject to Proformative's User Agreement. This webinar is provided to you for free by the sponsor, who may contact you later.

There are no CPE Credits for this Solution Demonstration.