Analyze to Optimize

afp-analyze-to-optimizeOn page 74 in the October issue of AFP Exchange (page 76 in the online version) you will find Amber Christian’s article that addresses 3 key challenges to working capital optimization.

The key takeaways:

  • Working capital optimization affects many business processes; it cannot thrive in a silo. Cross-functional teams provide a governance structure for your optimization efforts.
  • Finding experienced staff with a background in financial analytics and data science is extremely difficult. The pragmatic approach is creating new career paths within finance for staff to learn analytics and big data.
  • In many organizations, technology purchases are wedged into existing processes. This is the exact opposite of what should happen.

Read the full article here.

By | 2018-01-31T17:41:09-05:00 November 30th, 2016|