Your cash-out challenges
To optimise your working capital, many factors need to be taken into account, like opportunity cost of capital, and discounts for early payment. Current ERP systems don’t allow you to calculate the best moment to pay your invoice. Additionally, current controls are often ineffective or inefficient in capturing csh leakage through a duplicate registration and payment of an invoice.
How PwC’s Explore.Cash-out dashboard can help
- Explore.Cash-out helps improve the efficiency of your accounts payable process and the optimisation of your working capital.
- Calculates the best time to pay your invoice (taking into account vendor discounts and the cost of capital)
- Shows the impact and details of invoices booked and paid more than once. Provides in-depth multi-dimensional analysis of patterns in payment delays or missed discounts.
- Allows you to benchmark payment terms and discounts between vendors.
Want to know more about how PwC’s Explore dashboards can help measure and control the impact of financial risks on your organisation? Don’t hesitate to get in touch.
