X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

As corporate debt becomes more expensive, working capital management will become increasingly important. Some organizations have let working capital performance slide since interest rates hit historical lows. Debt is cheap, and companies may see little benefit in holding excess cash. But now that interest rates are heading slowly upward, many companies are finding that the time is right to place a renewed emphasis on improving their working capital management.

The winners of this year’s Alexander Hamilton Awards in Working Capital Management demonstrate the benefits of focusing resources on improving the cash conversion cycle, the crucial role of technology in achieving those benefits, and the importance of well-thought-out project management.

Meg Waters

Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.

More from this author

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.