Working capital management is one of the most important, yet often underappreciated, aspects of financial management. It determines a company’s ability to meet short-term obligations, fund operations, and seize new opportunities. By focusing on the three main levers-receivables, payables, and inventory-businesses can strengthen liquidity and improve efficiency.
Month-end close is essential for accurate financial reporting and timely management insights, but it often presents challenges that delay reporting and create errors.