Purchase Processes

September 15th, 2017

Cash flow management isn’t just about chasing debtors

I have heard a number of speakers talk about cash flow management and the issue of chasing debts, particularly for small businesses, dealing with much larger ones, with set processes and seemingly with a tendency to pay “late”.
What I hear less of, is discussion about the purchasing and payment processes and how these can be managed within your business, scaled to the size of your business and the volume of transactions. There are a number of key aspects, which I’ve broken down into four articles (posted on LinkedIn, if you want to follow the links):

Depending on the size of your organisation, the volume of transactions and the values of those transactions, each of these can be broken into many steps and processes.

Call to action

Sue Cohen Ltd can work with you to review your processes and systems, ensuring they are fit for purpose, for your business.

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