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Cover Story
TanServ: The Accounts Receivable Expert Optimizing Your Working Capital
No company does simply run out of money. It’s the baby-steps taken towards poor working capital management over the years, often months, that bulldoze organizations downturn. Borrowing the words of Benjamin Franklin, “A penny saved is a penny earned”. Given the cost of new capital, the CFOs increasingly tend to abandon this insightful fact, letting their existing capital go wasted – drop by drop. Most of them fail to fathom the depth of accounts receivable (AR) in their own balance sheets. Freeing up this trapped cash (AR) and optimizing their working capital in truth deliver more savings than improving the operational efficiency! Well, this gets way better as it drives the added liquidity they need to fund growth, reduce debt levels, lower costs, maximize shareholder returns...
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