Is your working capital still completely fit for purpose?

Is your working capital still completely fit for purpose?

Is your working capital still completely fit for purpose?

It’s an important question. Research by PwC has shown that you could save up to 10% of your turnover by optimising your working capital.  Optimum working capital management is therefore crucial, because the resources that you free up as a result can be used more profitably.

How can you optimise your working capital?

KBC will help you optimise your working capital by taking action along three axes: paying suppliers, collecting from your customers and optimising your inventory management.

Paying your suppliers

Your suppliers have to be paid. But the longer your supplier credit is, the more working capital you can use for other things. KBC offers solutions for making and receiving payments, geared to your business. We will also advise you on how you can extend the supplier credit without asking your suppliers for payment deferral.

Collecting from your customers

The faster your customers pay, the better for your working capital. KBC works with you to find ways of collecting your money faster and thus accelerating your cash conversion cycle.

Your inventory management

It is also important to manage your stock as efficiently as possible in order to optimise your working capital. KBC will be happy to give you guidelines geared to your business.

Optimising working capital demands in-depth analysis

At KBC, optimising your working capital means that we first perform in-depth analyses, taking into account business and sector-specific aspects. Together with other experts, your KBC relationship manager will brainstorm about the best solutions for your business. We will discuss the proposals with you thoroughly. They offer an excellent basis for a long-term relationship. 

Your KBC relationship manager is your partner, with a network of experts at home and abroad. He or she is on hand to optimise the working capital of your business.

Contact your relationship manager

Recticel grows in China

Being able to do business internationally backed by a trusted bank is a big advantage for Recticel. KBC is supporting the company's growth in China through local funding.
Recticel grows in China

Making and receiving payments in Belgium and abroad

Want to optimise your cash flow? Then you need to look at your income, expenses and general payments.
Making and receiving payments in Belgium and abroad

Tax pre-payment

The KBC Tax Pre-Payment Plan means you pay more in advance, so that over the long term you pay less tax.
Tax pre-payment

Vanerum

Growing means changing. Vanerum had to devise a new business model and to touch down in Asia.
Vanerum
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