Part Two of a Four-Part Series

Last week, we raised the question: How do you know where to begin? How can you identify a gap in one of your company’s core processes?

The answer:

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Final in Cash to Cash Cycle Series

In the past four weeks, we’ve brought to light four key areas in which you can save $250,000 each — for a total of $1,000,000. Point by point, we’ve shown you just how cash flows through these areas, making up the Cash to Cash Cycle.

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The “finish line” — the $1,000,000 “prize”, cash savings for your business – is within sight.  In our articles on Inventory and Accounts Receivable, we found $250,000 worth of savings in each functional area.  We found another $250K could be saved in Sales and Marketing.  Accounts Payable is

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Part Three of Cash to Cash Cycle Series

We’re sprinting toward that $1,000,000 mark…and we’re only a couple strides away;

Decreasing inventory carried us over the first hurdle, and last week reducing Accounts Receivable sped us through the half-way mark. We’re making great time, so let’s

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In our first article on the cash cycle, we “found” $250,000 by improving our inventory management; now, let’s find another $250,000.

Laying the Foundation

Last article, we raised the question, “What could your business do with an extra $1,000,000?”  To lay the foundation, we introduced inventory as the first of four areas

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