Advanced Cash Flow and Working Capital Management Training Course

This course equips participants with advanced techniques to manage cash flow and optimize working capital. It focuses on cash forecasting, liquidity management, inventory, receivables and payables optimization, and financing strategies that strengthen financial resilience.

Target Groups

• Treasury and finance managers
• Financial controllers and accountants
• Credit control and collections managers
• Procurement and supply chain managers
• CFOs and finance directors
• Business owners and SME managers
• Managers and supervisors seeking to strengthen organizational practice in this field
• Consultants and professionals supporting related organizations

Course Objectives

By the end of this course, participants will be able to:

• Analyze cash flow drivers and patterns
• Build short- and long-term cash forecasts
• Optimize the cash conversion cycle
• Manage inventory to release cash
• Improve receivables and collections performance
• Negotiate and manage payables effectively
• Select suitable short-term financing
• Apply liquidity risk management techniques
• Use technology and dashboards for cash visibility
• Develop a working capital improvement plan

Course Modules

Module 1: Cash Flow and Liquidity Fundamentals

• Profit versus cash
• Cash flow components
• Liquidity versus solvency
• Cash conversion cycle
• Common causes of cash shortages

Module 2: Cash Flow Forecasting

• Direct and indirect forecasting
• Weekly and monthly forecasts
• Rolling cash forecasts
• Forecast accuracy
• Forecasting tools and templates

Module 3: Working Capital Strategy

• Working capital policies
• Aggressive versus conservative approaches
• Measuring working capital efficiency
• Industry benchmarks
• Trade-offs between cost and risk

Module 4: Inventory and Supply Chain Cash Management

• Inventory optimization
• Just-in-time and safety stock
• Slow-moving stock
• Supplier terms
• Supply chain finance

Module 5: Receivables and Credit Management

• Credit policy and terms
• Customer credit assessment
• Invoicing and collections
• Managing overdue accounts
• Receivables financing

Module 6: Payables and Supplier Management

• Payment terms negotiation
• Payment scheduling
• Early payment discounts
• Supplier relationships
• Controls over payables

Module 7: Short-Term Financing and Treasury

• Overdrafts and credit lines
• Invoice discounting and factoring
• Commercial paper basics
• Cash pooling
• Cost of short-term funding

Module 8: Liquidity Risk and Stress Testing

• Liquidity risk indicators
• Contingency funding plans
• Stress testing cash flows
• Covenant monitoring
• Early warning systems

Module 9: Technology, Reporting and KPIs

• Cash visibility tools
• Working capital dashboards
• DSO, DIO, and DPO analysis
• Reporting cadence
• Governance

Module 10: Practical Exercises and Capstone Project

• Building a 13-week cash flow forecast
• Diagnosing working capital performance
• Designing collections and payables improvements
• Stress testing liquidity
• Presenting a working capital improvement plan