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Calculum Inc
Calculum Inc
Our media pack is available for download and contains the Calculum logos and company information. If you’d like to receive our press releases, organise an interview, and collaborate on a content piece, please contact us.
In the ever-evolving business landscape, staying ahead requires strategic thinking and adaptability. One crucial aspect of ensuring long-term success is managing working capital effectively. The global professional-service leader Deloitte recently conducted a comprehensive study that sheds light on C-suite executives' challenges regarding cost containment and cash generation.
Deloitte's report, published in May 2023, is based on a poll involving over 590 executives, including C-suite leaders and other key decision-makers. This comprehensive study provides valuable insights into the challenges faced by organizations in today's business environment.
The report highlights some key challenges organizations encounter in pursuing effective cost-containment and cash-generation strategies. These challenges include managing supplier relationships, optimizing payment terms, and maximizing working capital efficiency. The statistics revealed in the report underscore the urgent need for innovative solutions to address these complex issues.
"New technology adoption tends to drop off ahead of expected recessions, as implementation costs and unknowns around impact and ROI can give some organizations cold feet," said Ryan Maupin, a Deloitte Risk & Financial Advisory managing director and U.S. turnaround and restructuring leader, Deloitte Transactions and Business Analytics LLP. "We're encouraged that so many of our polled executives see that the overall cost savings and operational benefits of adopting next-generation liquidity planning solutions typically outweigh the cost of investment, with many organizations achieving cost reductions, labor efficiencies, and ultimately, more accurate downturn planning."
By leveraging a powerful combination of predictive analytics and artificial intelligence (AI), Calculum's ADA Platform enables organizations to compare themselves to the market and optimize payment terms. This optimization, in turn, enhances working capital management and improves shareholder value. By analyzing vast data of an organization's commercial activities, Calculum provides actionable insights and recommendations to strengthen cash flow, reduce costs, and improve overall competitiveness. With its advanced algorithms and machine learning capabilities, Calculum empowers businesses to make informed decisions directly impacting their financial performance.
As the business landscape evolves, organizations must adapt to ever-changing market conditions and seize opportunities to improve their financial position. Deloitte's report sheds light on the challenges C-suite executives face in the realm of cost containment and cash generation. Calculum's data-driven approach solves these challenges, providing organizations with the tools and insights to optimize payment terms, enhance working capital management, and ultimately drive improved shareholder value. Embrace the power of Calculum today to unlock your organization's full potential.