NEW: E-Book - Process Mining for Business Analysts
  • AR
  • ES
  • IT
  • PT
  • FR
mindzie mindzie
  • Home
  • Products & Services
    Automated Action Engine
    Duplicate Invoice Detection
    Process Mining – Cloud
    Process Mining – Desktop Edition
    Process Mining – On-premise Enterprise
    Process Mining – Services
    Process Mining Simplified
    Map, Analyze, OptimizeBook your demo today!
  • Use Cases
    By Department
    Customer Support
    Finance
    Manufacturing
    Process Improvement
    Procurement
    Sales
    By Use
    Order to Cash
    Procure to Pay
    Accounts Payable
    Accounts Receivable
    Compliance and Audit
    Sales Opportunity Process
    Support Tickets
    Just Learning?
    Academic Process Mining License
    What is Process Mining?
    Map, Analyze, Optimize
    Streamline operations, save time and money!Book your demo today!
  • Consultants
  • Training
  • Blog
Free Download
  • AR
  • ES
  • IT
  • PT
  • FR
mindzie
  • Home
  • Products & Services
    Automated Action Engine
    Duplicate Invoice Detection
    Process Mining – Cloud
    Process Mining – Desktop Edition
    Process Mining – On-premise Enterprise
    Process Mining – Services
    Process Mining Simplified
    Map, Analyze, OptimizeBook your demo today!
  • Use Cases
    By Department
    Customer Support
    Finance
    Manufacturing
    Process Improvement
    Procurement
    Sales
    By Use
    Order to Cash
    Procure to Pay
    Accounts Payable
    Accounts Receivable
    Compliance and Audit
    Sales Opportunity Process
    Support Tickets
    Just Learning?
    Academic Process Mining License
    What is Process Mining?
    Map, Analyze, Optimize
    Streamline operations, save time and money!Book your demo today!
  • Consultants
  • Training
  • Blog

Connectors

3
  • mindzie Connector Release Notes
  • mindzie Mule4 Module Connector Reference
  • MuleSoft Anypoint Connector User Guide

mindzie studio Help

64
  • Getting Started
    • Load Dataset
    • Create Investigation
    • Create Analysis
    • Add Filter
    • Add Calculator
    • Add Log Enrichment
    • Create Dashboard
  • Filters
    • Attribute
      • Cases with Changed Attribute
      • Events with Attribute
      • Cases with Attribute
    • Frequency
      • Value Frequency
      • Activity Performed Once
      • Activity Not Performed
      • Selected Activity Frequency
    • Time
      • Time Period
    • Duration
      • Deadline
    • Order
      • Process Variants
      • Case End
      • Event Order
  • Calculators
    • Overview
      • Data Selector
      • Process Performance Matrix
      • Dataset Information
      • Resource Performance vs Conformance
      • Process Map
      • Case Explorer
    • AI
      • Automation
      • Root Cause Analysis
    • Attribute
      • Duplicate Cases
      • Selected Cases by Category
      • Average Value
      • Maximum Value
      • Minimum Value
      • Trend
      • Sum of Values for Activity
      • Sum of Values
      • Breakdown by Categories
    • Frequency
      • Case Count
      • Activity Information
      • Repeated Activities
      • Value Count in Event Attribute
      • Value Count in Case Attribute
      • Histogram
      • Rate
    • Time
      • Time Between All Activity Pairs
      • Rate Over Time
      • Selected Cases Over Time
      • Selected Cases by Category Over Time
    • Duration
      • Time Between Selected Events
      • Time From Case Start to Selected Event
      • Case Duration
    • Advanced
      • What-If Simulation: Working Capital
  • Enrichments
    • Conformance
      • Repeated Activity
      • Wrong Activity Order
      • Allowed Case End Activities
      • Allowed Case Start Activities
    • Attributes
      • Case Closed
      • Divide
      • Subtract
      • Multiply
      • Representative Case Attribute
      • Duration Between an Attribute and an Activity
      • Duration Between Two Activities
  • Sample Datasets
    • Sample Datasets
  • AI Chatbot
    • AI Chatbot
  • Home
  • mindzie Documentation
  • mindzie studio Help
  • Calculators
  • Advanced
  • What-If Simulation: Working Capital

What-If Simulation: Working Capital

Overview #

The calculator shows the effect of payment timeliness on working capital.

Common Uses #

  • To analyze how working capital will be affected if invoices are paid several days earlier or later.

Settings #

  • Payment Timeliness Attribute: Select the attribute that represents payment timeliness. To set up ‘Payment Timeliness’ attribute, refer to our Enrichment Documents.
  • Due Date Attribute: Select the attribute that represents the due date of when the invoice should be paid.
  • Invoice Paid Late Attribute: Select the attribute that represents the date when the invoice was actually paid.
  • Total Amount Value Base Attribute: Select the attribute that represents the total invoice amount.
  • Number of Months: Specify the number of months, on which this analysis should be based on (e.g.: last 12 months).
  • Paid Late Is Bad: Check this box to show that paying invoices late is undesirable in this analysis.

Example #

Let’s analyze our working capital.

The output shows an interactive panel. To see the effect of paying late or paying early, use the slider on the bottom.

If we were to pay invoices 5 days late, then the working capital would increase by $182k and the average days it takes us to pay invoices would increase to 27 days.

Alternatively, if we were to pay invoices 5 days early, then the working capital would decrease by around a million dollars and the average days it takes us to pay invoices would drop to 17 days.

Updated on May 18, 2023
Table of Contents
  • Overview
  • Common Uses
  • Settings
  • Example
Essentials Logo

Start your operational excellence journey today!

Request a Demo
Newsletter

Subscribe to our newsletter.

Products/Services
CloudDesktop EditionOn-PremiseAutomated ActionsServices
Support
Help CenterTrainingWebinars
Company
About usContact usCareersPrivacy Policy
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Search

Hit enter to search or ESC to close

 

Loading Comments...