Ingram Micro, operating in over 75 countries, faced a challenge common to many global enterprises: a patchwork of local working capital programs that lacked cohesion. In the webinar, “When the Heat is On: Working Capital as a Strategic Advantage in High-Stress Situations,” Assistant Treasurer Brad Banga shared how this fragmentation limited visibility, delayed funding, and complicated compliance during high-stress periods like the COVID-19 pandemic.
Without a unified platform, each country team managed its own receivables financing programs using different processes and tools. The lack of standardization created hurdles in calculating costs, assessing risk, and delivering reliable reports to internal stakeholders or auditors.
By partnering with GSCF, Ingram Micro was able to:
- Centralize its global working capital data into one system of record.
- Standardize processes for invoice uploads, approvals and reporting across all markets.
- Improve governance and auditability, ensuring compliance and reducing operational risk.
- Enhance agility, allowing the treasury team to respond more quickly to changes in funding needs or market dynamics.
Banga emphasized the importance of future-proofing working capital programs: “Even if you’re just starting out with one or two programs, you need to build with scale and efficiency in mind.”
Want to learn more? Watch the webinar recording here.
GSCF Insight: Our technology and servicing platform helps corporates unify and scale their working capital programs globally. This can lay the groundwork for the Office of the CFO to move from tactical to strategic working capital.