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Created on 14.11.2018

Digitization in working capital management

The ongoing process of digitization offers a great deal of potential for bringing about extensive changes in working capital management (WCM). Although many companies have high expectations for its development, most are hesitant when it comes to investing in digital solutions. The major obstacles to the digital transformation of existing systems are a lack of expertise and strategies, and underdeveloped IT solutions. A few courageous companies are nonetheless testing forward-looking approaches.

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