Remove Accounts Payable Remove Cash Management Remove CFO Remove Manufacturing
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CFO role evolving to drive digital modernisation, survey says

Future CFO

The study, which asked 200 manufacturing and distribution organisations with revenues between US$100 million and US$1 billion, revealed that more than 80% of the respondents believe today's economic uncertainty has significantly elevated the importance of the CFO in bringing in strategies and technology optimisation initiatives.

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The Cash Gap: How Big is Your Gap?

CFO Simplified

Days’ Receivables = Accounts Receivable / (Annual Sales / 365). Days’ Payables. Days’ Payables is the average number of days you take to pay suppliers. Days’ Payables = Accounts Payable / (Annual Cost of Goods Sold / 365). Shortening the amount of time inventory sits idle reduces the cash gap.

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Don’t Sign That Check – Yet!!

CFO Simplified

Utility companies for electricity, water, and natural gas used in the manufacturing process. The checks were prepared by the trusted Accounting Clerk, who has been with the company for over 20 years and is the sister of the owner’s next-door neighbor. appeared first on CFO Simplified. An office furniture supplier, and.