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Solely focusing on traditional approaches to cash management can limit a treasurer's ability to manage working capital in a holistic way. One of the keys to effectively managing working capital is to apply a strategic approach to all operational areas of a business. In other words, treasurers can better manage working capital by looking into functions beyond finance.
The supply chain is one place that treasurers can look to gain more visibility into operational working capital. Understanding a company's supply chain processes and how decisions within the supply chain are made can give treasurers the information they need to profoundly affect working capital.
Source: CRM Buyer, http://crmbuyer.com
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