Member-only story
What Is Supply Chain Finance All About?
How to start boosting the business cash flow? From concepts, indicators, and techniques to further additional references.
A very well-known phrase in business is: Cash is King, and at these volatile times when the next recession is around the corner, global conflicts are scaling, along with interest and inflation rates skyrocketing, it is getting even more relevant than before.
But talking about cash is not only referring to sales and income within the business. But being smart about how money flows into and out of the company.
From how the business allocates its products, manages its receivables, and transforms the income into payables or profits.
For that matter, to better understand how a business is performing within its cash management, the always first place to stop and take a glance is at its Cash Flow Statement.
If you are unfamiliar with the Cash Flow Statement, it is a financial report which summarizes the amount of cash and equivalents entering and leaving.
This report is usually structured into four main components: cash from its operations, investing activities, financing activities, and non-cash activities. [According to Investopedia]
