Through efficient working capital management programmes, corporates can free up the funds to engage in new business developments.
With predictions of lower gross domestic product globally, finding ways to best utilise working capital can keep companies profitable. By freeing up working capital, companies open up opportunities to increase investment into their business to set them apart from their peers. As payments modernise and move towards just in time transactions, having adequate levels of capital available at all times is becoming vital for smooth business operations.
In conversation with:
John Ahearn, global head of trade, Citi
In discussion:
Optimising working capital to finance innovation: John Ahearn, global head of trade at Citi, talks to The Banker's Kimberley Long about the importance of working capital and what clients can do to improve their strategies.