Order to Cash in Times of Covid-19
Impact of the Crisis on Credit and AR
The corona virus pandemic is triggering a liquidity crisis. As businesses are forced to temporarily close down or have their employees work from home, important sales and business meetings cannot take place, supply chains are being interrupted and consumers buy less, if at all. Since the duration and scale of the crisis is still unclear, decision makers must take decisive actions now to optimize their cash reserves and working capital.
Our infographic “Order to Cash in Times of Covid-19” captures important macroeconomic trends and highlights their impact on credit management, collections and accounts receivable.