Cash-Flow Performance Management

 

The spate of corporate mergers and acquisitions has made it more difficult for the finance department to understand where and how performance can improve within these newly formed conglomerates. That's particularly true when it comes to measuring and managing accounts receivable and accounts payable from diverse sources and locations. Specialized types of BPM, such as a cash flow performance management solution, can help meet these challenges, according to this DM Review article. Effective use of such a tool can unlock higher amounts of free cash flow and reduce operational costs within finance. This deeper, more operational-oriented level of BPM promises to empower finance managers as never before, as companies that have taken cash-flow performance management to heart can attest.