Nike: Optimizing Working Capital Through AP Automation

September 21, 2010  |  Electronic Invoicing, Publications

Optimizing cash flow is essential during both good times as well as economic downturns. It is necessary to have full visibility and control over payables in order to maintain or extend DPO, manage cash and maximize discount opportunities – all while maintaining strong relationships with suppliers. Not an easy task. But, companies like NIKE are finding innovative solutions to provide new and better ways to manage cash and improve control and visibility.

Take a look at the video to see how NIKE was able to:

– Establish and enforce best practice term policies
– Maintain and extend days payable outstanding (DPO)
– Maximize discount opportunities with improved spend segmentation
– Remove risk from your supply chain

Watch this video here to learn how you can achieve your working capital objectives like NIKE.

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