As Chairman of the FENG Working Capital Management SIG, I am excited about the opportunity to facilitate networking between working capital management professionals. Who: We are seeking FENG members who have a professional interest in the various disciplines focused on optimizing working capital management activities. This encompasses revenue chain and liquidity management, credit and colle...
As Chairman of the FENG Working Capital Management SIG, I am excited about the opportunity to facilitate networking between working capital management professionals.
We are seeking FENG members who have a professional interest in the various disciplines focused on optimizing working capital management activities. This encompasses revenue chain and liquidity management, credit and collections, vendor payments and cash management. Additionally the group is interested in approaches to supply chain risk assessment.
When managing liquidity and maximizing the efficiency of the "cash to cash" process, the need for cross discipline awareness is there. Every company buys and sells products or services and needs professionals in each part of the cash conversion cycle with the expertise to optimize the amount and timing of a company’s cash flows. Effective management of these critical processes is an integral part of the liquidity equation. Also, the availability of working capital in today’s growing economy and capital marketplace has become increasingly important and sometimes hard to generate.
The Working Capital Management Special Interest Group (SIG) has been created to provide a forum for sharing ideas and approaches across finance and operating disciplines. The aim of the SIG is to enhance member employment and networking opportunities and the sharing of ideas and best practices using a 3 leg approach.
- Order to cash processes must support sales and marketing revenue goals and safeguard assets against losses.
- Vendor payment management procedures are of strategic importance to maximize optimal outflows and to maintain good working relationships with suppliers.
- Cash management procedures provide the necessary platform to best leverage the mix of internally generated funds, borrowings and investments which insures a sufficient level of liquidity while minimizing risks.
How You Can Take Advantage of the SIG:
This SIG’s goal is to provide value to any FENG Member who is in transition or is in an Alumni status and has an interest in sharing ideas and opportunities related to the working capital management process.
We encourage you to participate and take full advantage of membership in this SIG and its events and look forward to hearing from you on our SIG Forum about your ideas to optimize operating cash flows.
If you have any questions please feel free to contact me by posting comments on the SIG Forum or directly by email at: firstname.lastname@example.org.
Chairman, FENG Working Capital Management SIG
Robert S. Shultz
Cutting Edge Business Resources & Solutions
(805) 520 7880 (phone/fax)
(805) 501 1769 (mobile)
4212 E. Los Angeles Ave. No 3872
Simi Valley, CA 93063
edited by Bob Shultz on 03-03-10 9:34 am
edited by Bob Shultz on 03-03-10 9:36 am
Please login to RSVP to meetings, so you can benefit from your membership status. Login
Not a member, yet?JOIN SIG