Jun 8, 2023
Matt Putra is an experienced financial executive with a long career spent with small businesses and conducting long-term forecasting for ecommerce brands. He is a Fractional CFO for EightX, a company specializing in predicting the pattern, future, and profit for businesses in any industry.
Matt has worked with many businesses, including Tru Earth, The Tumeric Co., Lusomé, Community Forward Fund, and New Market Funds. Additionally, he works closely with entrepreneurs to help them establish new businesses.
In this episode…
The Cash Conversion Cycle (CCC) is a metric that many businesses don’t consider enough. How many days does your ecommerce business take to convert sales into cash?
Cash is everything for ecommerce businesses. Sales are
essential, but cash management is even more important for long-term
health. Many young companies neglect this aspect and suffer in the
long run, leaving potential growth on the table or burning out. A
handful of incredible tips can help online brands shorten their
CCC.
Guillaume Le Tual again joins Matt Putra, a Fractional CFO at
EightX, to discuss CCC in-depth and what ecommerce businesses
should improve about their process. They dive into the four steps
Matt suggests for brands, why the subject matters so much, and how
even small changes can make massive differences. They also go
through inventory pricing and adding more value on the back
end.