You turn to Accordion.
We partner with your team to conduct an order-to-cash and procure-to-pay assessment focused on operational enhancements. More specifically, we:
- Perform size and trending analysis to determine initial working capital improvement opportunities within AR and AP balances (e.g. DSP, DPO, CCC, Best Possible).
- Conduct a series of interviews to assess current state processes and key drivers of working capital performance.
- Perform transaction-level analyses to fine-tune opportunity range and validate root cause assessment with relevant stakeholders.
- Develop a high-level implementation plan and schedule of recommended actions based on the mutually agreed and quantified range of achievable benefits.
Your value is enhanced.
You identify and achieve working capital improvements of over $5M.
From there, we help you develop a detailed three-month implementation plan and function as program manager for phase 2, ensuring the successful design and implementation of benefits capture requiring cross-functional (finance, sales, supply chain) support, progress reporting and tracking, policy development, and communications.