DBS launches programme to advise corporate clients on cash flow management
Published on Mar 18, 2014 2:49 PM
DBS is raising its level of service for corporate clients by launching an advisory programme that aims to help them free up cash flow.
The lender's working capital advisory programme, launched on Tuesday, will aid firms in analysing all aspects of their financial and supply chain needs.
It will identify areas where each company is inefficient in managing its finances and recommend ways to unlock that cash.
For example, the programme could spot a trend of the firm stocking up too much inventory, which traps the company's cash in the goods. The firm may then be advised to reduce its stocks so it can have more cash in hand, which will in turn lower its need to borrow from banks or others.
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