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As the COVID-19 response evolves, organisations are experiencing significant operational, financial and liquidity challenges. In order to ensure these challenges can be addressed, the number one concern aired by our clients has been how they can manage their cash pressures to ride out the crisis.
Covid-19 impacted businesses may have unclear cash positions and cash forecasts, resulting in an inability to identify any net funding shortfalls.
The below guide is to serve as your Quick Guide on the three key steps which should be considered by Management Teams as they seek to stabilise their cash position through this period.
Should you require any further assistance in managing your cash pressures, reach out to our Business Restructuring Services (BRS) team who will be able to support you during this time-sensitive period.