Liquidity & Cash Management

The time between when cash is paid for the purchase of inventory to when it is collected on a sale needs to be as short as possible. Steps we perform to evaluate and improve the cash-to-cash cycle include:

— Analysis of internal billing and processing of orders

— Detailed review of manufacturing and inventory-control processes

— Review of billing and payment terms by customer to ensure they are representative of the current business environment and include incentives for prompt payment

— Negotiation of vendor discounts, if possible

— Identification of alternative vendors

— Review of expense account and reimbursement policies