Working Capital Implications

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Slide 7 of 7

Notes:

Working Capital
- How do we get our money?
  - Invoice
  - LOC
  - Bank Transfers
  - Checks
- When do we get our money?
  - Bill monthly/Quarterly/Semi-annually
  - Based on expenditures or anticipated expenditures?
  - Based on milestones or phase/segment?
- Who cares?
  - Treasurer of your organization
    - Where's the cash for transactions pending recoup from sponsor?
  - Finance office invoicing
    - What kind of detail does the sponsor want and can we easily provide it?
    - Back up necessary?
    - Fiscal close-out takes time, 30 days is generally never enough time…