During an economic downturn, working capital drives businesses forward. In this timely series, our experts explore treasury’s important role and strategies for navigating today’s challenges.
Optimizing Accounts Payable in an Economic Downturn
The ability to create working capital in challenging times not only helps meet immediate needs, but can position your business for future success. We can help you determine the optimal way to pay each supplier, which can yield big benefit such as:
- Lower costs
- Weeks of float
- New revenue streams
- Less manual work
Working Capital: A Post-Crisis Framework
Strengthening your company’s working capital framework is more important than ever. There are strategic decisions you can make right now to:
- Reduce your cost of goods sold
- Enhance revenue without increasing costs
- Speed cash velocity, cutting the costs of financing your operating cycle
Liquidity and Investment Strategies
In a downturn, it’s crucial to weigh how much cash you need to sustain your business and where to invest excess balances.
The transformed landscape of cross-currency payments
Pandemic drives changes to payment strategies and FX risk management.