The source-to-settle (S2S) cycle covers all processes and activities involved in buying goods or services for a company, from budgeting to the payment of the final invoice. At first glance, this cycle is almost as straightforward as home finance. Bills come in, and you send the cheques out. However, as a company grows, handling this cycle becomes much more challenging and the company ends up locking significant amounts of capital in profitless activity.
Releasing cash from your accounts payable requires more than managing cost savings or completing audit actions. Download The Hackett Group's Freeing Cash From Accounts Payable, and you will:
REL, a division of The Hackett Group, Inc. is a world-leading consulting firm dedicated to delivering sustainable cash flow improvement from working capital and across business operations. REL's tailored solutions balance client trade-offs between working capital, operating costs, service performance and risk. REL's expertise has helped clients free up billions of dollars in cash, creating the financial freedom to fund acquisitions, product development, debt reduction and share buy-back programs. In-depth process expertise, analytical rigor and collaborative client relationships enable REL to deliver an exceptional return on investment in a short timeframe. REL has delivered work in over 60 countries for Fortune 500 and global Fortune 500 companies.
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