As the pandemic is expected to spread across the country and is foreseen to take months before it can be effectively contained, the government imposed heightened measures to control the transmission of COVID-19.
Across all sectors there is a rapid shift in working capital requirements, driven by disruptions in supply and demand. Normal lead times and restocking frequencies are prolonged, payment terms are extended and collection efficiencies are implemented.
We understand that difficult situations could put your business short of cash, as revenue streams are significantly affected, while bills continue to pile up. These issues make it clear that there is a need to take fast and decisive actions to protect working capital and cash position in these uncertain times.
We can help you conserve cash and optimize your working capital through:
Understanding and analyzing key drivers and components of working capital including policies and arrangements
Identifying key sensitivities impacting working capital requirements
Reviewing existing liquidity measures and providing potential options for initiatives to enhance near-term liquidity
Identifying improvement opportunities to preserve liquidity (i.e. cash conservation measures and rapid optimization of working capital) and assessing impact to cash
Applying data and analytics across cash flow and working capital components to assist management in decision-making
Providing support in account collections and management
Assisting in cleaning receivables portfolio through reconciliation and reallocation of misapplied cash