
September 7, 2023
Collaboration with Treasury as Key to Improving Working Capital
Breaking down silos between treasury, AP and procurement to optimize invoice processing and strategic liquidity management. With interest rates likely to remain higher for longer, opportunistic treasury teams want to invest excess cash where it can earn attractive yields. One obstacle standing in the way at some companies stems from differing priorities between accounts payable (AP), which often aims to pay invoices as soon as possible, and treasury, which has a more strategic view of liquidity. At a recent session of NeuGroup…