Cash Management Innovation at Kenco
In his presentation, Dwight will offer insight into the cash management turnaround at Kenco. From its prior state, based upon decentralized cash management and reporting, with 70 + bank accounts spread accross 30 locations, Dwight will document the journey to centralization. Offering his personal account, as CFO overseeing and driving this innovation, Dwight will demonstrate the financial implications and key corporate performance metrics impacted. From cash flow impact, reduction in working captial and ROIC changes to a new approach to flexibilty and risk, this presentation reviews the entire process of the cash management transformation at Kenco.
Dwight Crawley is Chief Financial Officer and leads the financial functions for the Kenco family of companies. His primary responsibilities include managing the company’s financial reporting, planning, treasury, audit, internal controls, and resource allocation functions. He is also responsible for developing strategies and plans for the company to meet its goals and be successful.
Prior to joining Kenco in 2009, Dwight held executive level financial positions with several companies including Scholastic Book Fairs, Harris Teeter Supermarkets and The Cosmetic Center (a Revlon subsidiary). Dwight is a Certified Public Accountant and worked with the public accounting firm of Arthur Andersen.