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Showing posts from November, 2022

How to Improve Working Capital and Liquidity

Working capital is a crucial statistic in determining the long-term financial sustainability of a firm, regardless of its size or industry sector. Quickly transforming assets into cash is essential, but controlling the borrower-to-pay cycle is equally necessary for cash flow. This informs the company of how much short-term liquid capital is still available after settling short-term debts. An excellent working capital is often what businesses aim for because it denotes a well-run company with better growth potential. While having a high amount of working capital may signify better liquidity, more operational effectiveness, and higher profitability, it's equally crucial to make sure enough funds for expansion are kept in working capital. The working capital solution from a SaaS company like Skyscend is crucial for ensuring enough money for operations without impeding expansion plans. Awareness of Your Working Capital Business owners take a closed-minded attitude to supply ch...

Improving supply chain collaboration

  Any company with sincere global aspirations understood that to source globally effectively, and they needed to compete globally. However, due to the complexity posed by rapidly growing supply chain networks, saas application , expanding global finished goods markets, and facilities supporting those expanding markets around the world, it has become imperative for the best possible performance of supply chains that all parties involved are fully committed to world ‑ class supply chain collaboration. Very few businesses are exempt, and certain industries' revenue growth has completely stopped. Some of the problems are highlighted by plant closings, layoffs, cash flow problems, debt problems, and export problems. These problems can be solved with the help of supply chain finance from Skyscend. As these unfavorable occurrences develop, supply chain firms must take the initiative and engage in positive action on an equal footing with their supplier partners. Supply chain collabora...