Chapter four

Additional considerations

Cash is the lifeblood of any business and if companies could do more to accelerate cash conversion and release working capital, their options would multiply and their risk exposure be reduced. Leveraging digital tools should not only be about improving transparency and operational efficiency: it should also be a strategic lever for identifying and tapping into new opportunities. That could be by applying in a very targeted way for stopgap capital access to buy more raw materials or build more equipment if supply chains are disrupted and ports closed down. Or it could be hiring more people as an instrument for growth.