Leading US and EU companies can achieve working capital benefits by properly addressing ‘root and branch’ aspects of working capital policies, processes and metrics, notes an EY survey. EY’s seventh annual publication titled: “All tied up — Working capital management report 2014” offers insight into top 2,000 companies in the U.S. and Europe, besides focusing another 2,000 companies in seven other regions and countries. U.S. flat to deteriorating C2C compared to EU companies The EY survey highlights that compared with 2012, WC performance of leading U.S. companies further deteriorated while it was relatively stable in Europe. As can be deduced from…
U.S. And EU Companies Wasting $1.3 Trillion In WC?
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports