‘It’s always cheaper to access your own money,’ than rely on external credit, WSJ reports

As cost of credit rises with higher interest rates, companies embrace vigilant working capital management to unlock cash, the Wall Street Journal reports

With the cost of borrowing increasing, the Wall Street Journal reports, financial leaders are looking to improve their cash management practices to optimize working capital. The moves they are making include working to speed AP payments and proactively managing collections to positively impact their cash conversion cycles.