Recent times have seen significant changes in the cash management practices of corporate treasurers. Where previously the focus was on efficiency and #liquidity optimisation, the abandonment of 'just in time' in favour of 'just in case' has reversed the trend for #offshoring, due to factors ranging from increased risk of #supplychain disruption, volatile #geopolitics, instability in the shipping sector and a troubled #macroeconomic environment. Whereas before companies were looking to maximise #workingcapital and hold limited inventory levels, now the focus is on building up reserves to mitigate risks, requiring a careful re-examination of cash management practices and the identification of pressure points for freeing up trapped cash, from renegotiating payment terms with suppliers, to re-evaluating credit policies, to leveraging technology to streamline the cash conversion cycle.
Practitioners will consider a range of trends at #GTRMENA in #Dubai on February 20-21, from increasing emphasis on the importance of information to assess counterparties, changes in financial forecasting, auditing and the type of accounting treatment required, greater collaboration between banks and third party providers to take operational risks, and how rising inflation and interest rates alter the approach to holding inventory.
🎙️Farrukh Siddiqui (Emerging Capital Management Partners)
🎙️John Goodridge (Silver Birch Finance)
🎙️Mikael Petersen (Benteler Trading International AG)
🎙️Elat Niyas (Al Masaood)
🎙️Jose Lopez-Mateos Payno (First Abu Dhabi Bank (FAB)
🎙️Rohini Kamath (HSBC)
🎙️Toby Shore (Emirates Global Aluminium (EGA)))
Connect with all corners of the market, from local and international banks to multinational corporations and SMEs, fintechs and alternative financiers, commodity brokers and traders, insurers and risk managers, lawyers, consultants, ECAs, multilaterals and more!
Visit www.gtreview.com/gtrmena or contact bookings@gtreview.com for more information.
#TradeFinance #CashManagement #TrappedCash