Magazine

Working capital management that moves you forward

Discover in-depth analyses, interviews, and current trends in working capital financing and supply chain management.

13. November 2025

Challenge for Treasury: Cash Flow Optimization in medmix's Year-End Closing

For treasury managers, the annual financial statements mean juggling a wide variety of stakeholders and demands. Cash flow is a particularly important lever in the management of key performance indicators. Ralf Kesten, Executive Director Head of Multinationals & Partner Management at cflox, uses the example of the cflox client medmix to explain how more flexible payment terms allow for greater leeway both internally and externally.

06. November 2025

Treasury Guide 2026: Freeing Up Liquidity, Optimizing Working Capital

Treasurers will face three key challenges in 2026. This report outlines the principles of modern solutions that go beyond traditional financing instruments and shows how companies can turn their working capital into a real strategic advantage.

01. September 2025

Strategic Management for the Year-End Closing: A Guide to Active KPI Management

The fourth quarter marks the beginning of a critical phase for finance departments worldwide: the final push toward the annual financial statement. For large and multinational corporations, the year-end closing is the company's most important business card, a combination of a mandatory requirement and a strategic tool. It is a central instrument for corporate management and external communication.

05. August 2025

Energy Transition and Active Balance Sheet Structure Management: Options for Energy Suppliers

Financial decision-makers at energy supply companies are facing a central question: How can the financial foundation for a sustainable modernization of the energy sector be laid?

07. July 2025

Pre-Shipment Finance – A Practical Perspective: The Art of the Possible

Pre-shipment finance is rapidly gaining importance as global supply chains face unprecedented complexity and financial strain. In this article, we will delve into the mechanics of pre-shipment finance, its transformative impact on exporters, and why it is becoming an essential component of modern trade.

09. January 2025

Take Charge of Your Cash Flow, Optimise Your Working Capital Management Ratios

The current UK economic landscape, particularly in the aftermath of Brexit, has significantly impacted Trade Finance and Working Capital Management for UK companies. Innovative SCF tools, such as payment solutions which do not require onboarding of the suppliers can provide the flexibility and control needed to manage liquidity effectively. 

18. December 2024

cflox Outlook 2025: Global Trade Faces Enormous Challenges

Economic developments will present companies with even greater challenges in the coming year - be it rising prices or disruptions in supply chains, the threat of tariffs, import restrictions or other circumstances.

08. October 2024

Textile Industry in Focus: Best Practices for Optimizing Working Capital

Dynamic market conditions, rapidly changing consumer trends (fast fashion) and increasingly complex, global supply chains characterize the textile industry. “Effective working capital management is essential in order to succeed in this highly competitive market,” says cflox Managing Partner Thomas Krings.

16. September 2024

Working Capital in the Automotive Industry: Overcoming Challenges and Securing Liquidity

How do automotive manufacturers secure liquidity and navigate through supply chain disruptions? Discover effective ways to optimize working capital and stay competitive. Click here for the best practices and most innovative solutions.

06. August 2024

From Need to Implementation: Challenges and Goals in Working Capital Management

Uncertainties in the supply chain emphasize the need to optimize financial processes and secure liquidity. The cflox pay solution offers a valuable solution to meet these challenges and strengthen business relationships with suppliers.

24. July 2024

Interview With Ralf Kesten: Working Capital Challenges Across Europe

Active management of working capital is essential in today's business landscape to manage the impact of uncertainty in the supply chain. What are the most important levers and the latest trends in SCF? Ralf Kesten, Sales Director at cflox, explains the latest solutions.

18. June 2024

Supply Chain Finance Withstanding Stormy Weather  

Supply chains are still in stormy weather. The challenges of recent years continue, with "crisis mode as the new normal" proving to be a hot topic in 2024. What new framework conditions are inevitable for financial supply chain management?

23. May 2024

Impending EU Late Payment Directive: A Look at Upcoming Changes and Previous Developments

Payments from companies to their suppliers shall be made within a statutory payment term of 30 days - without exception. What impact could the plans have on companies and how likely are they to be implemented? Find out in this chronological list.

13. May 2024

From Crisis to Opportunity: Why Working Capital Management is More Important Than Ever in 2024

Volatile supply chains, large inventories, new late payment directive - the liquidity of many companies is at risk. How do you strengthen working capital in volatile times?

02. May 2024

cflox Provides Information on the Amendment to IAS 7 and IFRS 7 by the International Accounting Standard Board

Since January 2024, the International Accounting Standard Board has required additional disclosures in the notes to the balance sheet on supply chain financing. cflox explains what these look like.

06. February 2024

Planned Amendment to the EU Late Payment Directive: What You Need to Know

The European Commission is planning a groundbreaking amendment to the EU Late Payment Directive that would oblige companies to pay their suppliers within 30 days with no exceptions.