How to Protect Cash and Ensure Liquidity
The novel coronavirus has trigged a global health and economic crisis. Most of the drastic measures taken by governments worldwide to “flatten the curve”, such as largescale quarantines, border, business and school closings, and social distancing recommendations remain in place to a certain degree, even though some easing has been instigated. In general, we are entering a so called “new normal”, realizing that we all will have to adjust to the presence of the virus in society for a longer period of time.
In this environment organizations have to find effective ways to keep their business moving forward. We have talked to Andy Büch, Director Solution Success at Serrala, how the coronavirus pandemic is impacting the order to cash area and what credit and AR managers should do now.
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