How can a CFO improve cash flow management?

[jasminsain]

Cash flow seems to be one of the biggest challenges for growing businesses. I’m curious how a CFO approaches this issue. What strategies or tools do CFOs typically use to improve cash flow management and ensure financial stability? Would love to hear practical insights or examples from real experiences.

 

[Samuel]

A CFO can improve cash flow management by accurately forecasting, accelerating collections from customers, and negotiating better payment terms with suppliers. Other strategies include cutting costs, optimizing inventory, maintaining cash reserves, and using technology to streamline financial processes.

 

[charlie]

A CFO can improve cash flow by optimizing accounts receivable (AR) and accounts payable (AP), carefully managing inventory, and accurately forecasting cash flow. Key actions include accelerating customer payments, negotiating longer payment terms with suppliers, reducing costs, and leveraging technology for more efficient financial processes.