The management of working capital — or a firm's current assets minus its current liabilities — aids organizations in making efficient use of their existing assets and maximizing cash flow. The relationship between efficient working capital management and firm performance can be complex due to globally dispersed supply chains, number of suppliers and product variety, and technological uncertainty, among other factors. New research from the University of Notre Dame shows that information technology represents a critical investment that firms must make in order to make informed, objective and firm-specific working capital decisions that would result in improved performance.

https://www.miragenews.com/firms-must-invest-in-it-for-improved-capital-1069867/

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