CashBuilder Case Study – Mid-sized business

CashBuilder Case Study 2
The situation
The owners and the bank were very concerned that the business was going to fail following a period of strong expansion but decreasing cash availability.
What we did
  • Extended the payment terms to suppliers by a week, generating cash in the short term
  • Generated a consistent focus on credit control to ensure we were paid to terms in the management and finance teams.
  • Improved our invoicing process to significantly reduce the number of invoices in query
  • Dealt with invoice queries immediately , creating sector leading low levels of queries
  • Invested in processes and information through all stages of the working capital management cycle
The outcome
We generated over £24m in additional cash within 24 months. This was over 7 times the profit generated in the same period. Both the owners and the bank were delighted.
The situation
The owners and the bank were very concerned that the business was going to fail following a period of strong expansion but decreasing cash availability.
What we did
  • Extended the payment terms to suppliers by a week, generating cash in the short term
  • Generated a consistent focus on credit control to ensure we were paid to terms in the management and finance teams.
  • Improved our invoicing process to significantly reduce the number of invoices in query
  • Dealt with invoice queries immediately , creating sector leading low levels of queries
  • Invested in processes and information through all stages of the working capital management cycle
The outcome
We generated over £24m in additional cash within 24 months. This was over 7 times the profit generated in the same period. Both the owners and the bank were delighted.
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