The coronavirus pandemic has brought the importance of cash and working capital sharply into focus. As economies emerge from their initial lockdown periods, the route to recovery is unlikely to be smooth, and businesses need to be in the best possible shape for the journey. Economic conditions will most likely remain challenging for the foreseeable future. This means a laser-like focus on liquidity, including the optimisation of working capital, is vital to navigating the months ahead.
As economies come back to life, the drain on working capital will get worse before it gets better. Looking ahead, many of the ‘business as usual’ processes to manage working capital therefore need to be reconfigured to ensure success. This report explores how you can prepare for the months ahead and plot a successful course through future uncertainty.
Read the full insight on the PwC website.