According to Tahreem Kampton, Global Head of Payments Advisory at J.P. Morgan Payments, treasurers are also uniquely positioned to become organizational influencers driving technological expansion. Below are four ways that J.P. Morgan Payments believes they can support their enterprises to overcome challenges and generate long-term growth. Getty Images1- Anticipating Risk While Optimizing Working Capital Operations“While macro environments will change, treasurers consistently prioritize preservation of capital, liquidity and diversification,” says Kampton. seeking ways to optimize working capital. Kampton sees many organizations re-thinking their working capital processes to improve cash conversion cycles by proactively managing account receivables, accounts payable, payment terms and other working capital levers.

Source: Forbes February 09, 2024 10:53 UTC