[McKinsey Cash Solutions] enabled us to find hundreds of millions of Euros of one-time cash in working capital. We were able to size the levers within two weeks by going very deep into detailed invoice-level data.
McKinsey Cash Solutions helps finance leaders improve cash management to build resilience and fuel growth. Net working capital – the cash tied up in receivables, payables, and inventory – is a critical driver of liquidity and operational performance. We combine advanced analytics and expert-led transformation services to unlock working capital impact at speed and sustain results over time.
How We Support You
Our experience shows that most companies can improve net working capital by 10-30% versus baseline.
The McKinsey Cash Solutions platform enables this through invoice- and SKU-level insights via three integrated modules:
Diagnostics
A detailed analysis of working capital across accounts payable, receivable, and inventory, using ERP data and benchmarking to identify and size cash unlock opportunities combined with a cash culture assessment to identify enablers needed to sustain value
Initiative Planning
A structured approach to prioritizing working capital levers and building clear, actionable plans and business cases to capture the full opportunity, combined with cash capability building programs
Monitoring
Ongoing tracking of performance through dashboards and root-cause analysis to sustain results, reinforce discipline, and embed lasting working capital performance
Our Impact
Leading automotive industry manufacturer
A leading tire manufacturer was
already a top-quartile cash
performer but wanted to uncover
additional opportunities to help fund
a broader transformation. McKinsey
deployed granular analytics across
payables, receivables, and inventory
to identify, plan and implement 50
targeted initiatives, delivering a 10%
working capital improvement
opportunity.
Fortune 500 2028 discount retailer
A leading North American discount
retailer faced fragmented processes,
legacy systems, and inventory
inefficiencies following rapid growth
through M&A. McKinsey used
transaction-level analytics to
identify and implement targeted
levers across payables and
inventory, uncovering a 35%
working capital improvement
opportunity
Multinational chemical company
A Europe-based chemical company
was facing cash burn, declining
performance, and weak cash conversion discipline. McKinsey
combined advanced analytics with a
10-week planning effort to build a
bankable implementation roadmap
spanning payables, receivables,
inventory, and other cash levers,
supported by a cash control tower.
Together we defined 70+ initiatives
and unlocked a 30% opportunity in
working capital improvement vs.
baseline.
Leading Latin American beverage company
A leading Latin American beverage
company, already a strong cash
performer, wanted to understand
what it would take to become best in
class. McKinsey deployed an end to-end diagnostic across working
capital and launched a cash culture
assessment across 900 employees,
uncovering an extra 5% working
capital improvement opportunity
Key features
What Sets Us Apart
Granular, data-driven insights
Analyze invoice- and SKU-level data to pinpoint working capital opportunities across accounts payable, receivable, and inventory.
Rapid benchmarking
Compare performance against peers and best practices to quickly size improvement potential and prioritize actions.
Tech-enabled transparency
Integrate data across complex ERP environments to create a single, clear view of working capital drivers.
Expert-led execution
Combine advanced analytics with McKinsey’s transformation expertise to turn insights into actionable initiatives.
Performance monitoring
Monitor performance by activating refreshable dashboards to measure working capital KPIs and actual impact delivered, leveraging detailed analytics to perform root cause analysis and course correct actions as needed.
Cash culture and capabilities
Run a cash culture survey to evaluate how people, structures, and processes influence NWC performance and deploy cash capability building programs to sustain impact.
Our people
Meet our global team of experts helping organzations unlock working capital and strengthen balance sheet performance.
Marvin Denis
Director of Client SuccessNew York
Director of Client Success and McKinsey Cash Solutions co-leader who oversees global client relationships and delivery, leads product innovation, and focuses on the Americas
Pieter Peeters
Senior Asset LeaderBrussels
Senior Asset Leader and McKinsey Cash Solutions co-leader who oversees the EMEA market and defines product strategy
Jakob Ruden
PartnerCologne
Brings distinct expertise in finance and operations to support clients in executing and sustaining at-scale transformations
Ojas Shah
PartnerNew Jersey
Leverages distinct expertise in corporate restructuring and turnaround management to lead holistic transformations
Zachary Silverman
PartnerAtlanta
Leverages deep expertise in large-scale transformations, cash management, and working capital to help companies achieve a step-change in financial performance and resilience
Christian Schnitzler
PartnerVienna
Supports chemicals and materials clients in transformations, net working capital optimization, and profitability improvement programs.
Tony Fagan
PartnerLondon
Leads McKinsey’s transformation assets in Asia and Europe and global, cross-functional teams in developing and delivering innovative, world-class assets that enable clients to plan and execute transformations at scale
Michel Morenville
PartnerBrussels
Global co-lead of Wave, driving the product vision and engineering.
Turning working capital into strategic advantage
Research and perspectives on unlocking liquidity, strengthening resilience, and improving performance.