Visibility of priority suppliers and time to pay helps protect working capital
Managing working capital is vital in uncertain economic conditions. Fortunately, FISCAL’s solution continuously monitors suppliers and their invoices and credit notes to protect against working capital leakage, and to identify for recovery any previous overpayments, to bolster cash reserves.
All organisations, whether they have a treasury department or not, need to manage the cash in their working capital carefully to meet the financial needs of the organisation.
Cash management comes under greater scrutiny during times of high inflation and recession, as the organisation needs to prepare and protect itself from unexpected costs. Fortunately, FISCAL’s solution provides visibility of supplier spend and insights into key suppliers,
FISCAL’s solution also helps prevent unnecessary payments to suppliers by checking for risks prior to payment – keeping cash in your account.