Financial Management

THE SOLUTION

 Efficient working capital management allows a company to sustain its operations with sufficient ability to meet short-term debt obligations and daily operational expenses

 

THE STEPS INVOLVED

Our Financial Management experts will provide assistance, covering the following steps:

  • Assess current working capital performance and processes
  • Identify areas for improvement
  • Propose improvement to existing processes and internal controls
  • Develop recommendations and a detailed action plan
  • Pilot and refine
  • Train for employees
  • Implement

 

THE OUTCOME

At the end of the project, companies can expect the following outcomes:

  • Improved cash flows by managing payables, and improving receivables and inventory turnover

 

Eligible SMEs can enjoy grant support of up to S$30,000* through the new simplified Capability Development Grant application.

*Terms and Conditions apply