Cash Flow & Working Capital Management
Overview
Profitable organisations can still fail if they run out of cash. This course shows how to forecast and manage cash flow, optimise receivables, payables and inventory, manage short-term funding and build a cash-aware culture across the organisation.
Who should attend
Finance managers, treasury and credit staff, accountants, and business owners.
Training methodology
Interactive presentations, practical exercises, case studies, group discussions, role-plays where relevant, and a personal action plan that participants apply in their own work.
Objectives
By the end of this course, participants will be able to:
- Explain the cash conversion cycle
- Forecast cash flows accurately
- Improve receivables collection and credit control
- Manage payables and inventory for cash
- Plan short-term funding and liquidity
Course outline
Day 1Cash and Working Capital
- Why cash matters
- Working capital components
- Cash conversion cycle
- Working capital metrics
- Diagnostic
Day 2Cash Flow Forecasting
- Direct and indirect methods
- Short and medium-term forecasts
- Accuracy and review
- Scenarios
- Forecasting exercise
Day 3Receivables
- Credit policy
- Customer assessment
- Collection processes
- Bad debts
- Case study
Day 4Payables and Inventory
- Payment terms
- Supplier relationships
- Inventory levels
- Inventory financing
- Exercise
Day 5Liquidity Management
- Short-term funding
- Bank relationships
- Cash pooling
- Cash culture
- Action plan
