SME Cashflow Seminar - Understanding Cashflow and Making It Work For You
Whether it is a new business or an existing one, cash flow will always be a significant component contributing to the success of an enterprise’s operation.
In the recent Singapore Working Capital Survey by PWC, 50% of the companies surveyed saw their working capital performance deteriorate year-on-year. One of the main reason is the increasingly longer terms and mounting late payments from customers. As borrowing costs rise, how can businesses look at different supply chain financing options for cash flow to bridge their working capital needs? On the other hand, as a buyer, how can you help your suppliers get paid faster and potentially receive higher returns at the same time?
During this session, you will learn about effective cash flow management strategies, the difference between banks and fin-techs, as well as the various alternative financing solutions available in the market today that can work to present a win-win solution for all parties involved.