Increase your liquidity in four simple steps

Posted by Philipp Flemming on Oct 21, 2020 8:49:03 AM

Few anticipated the apocalypse that 2020 has so far been, and fewer still prepared for it. As the numbers of cases rise again, we aren’t suggesting building a bunker or panic-buying the pasta aisle again. Instead, we want to talk about liquidity, and how an effective approach to working capital management will help you navigate and emerge strengthened from the crisis. If you want to improve your business’ liquidity and sail smoothly over this second wave, then here are four simple measures to help free up your working capital. 

Topics: working capital management

What economic downturn can teach you about working capital management

Posted by Philipp Flemming on Oct 15, 2020 8:30:00 AM

In the last few months, we have seen how important liquidity is: as the COVID-19 crisis hit, a threat to the survival of many companies surfaced within the first few weeks. More than ever, this shows the importance of working capital management as an existential element to the financial health of your business. This article kicks off our series on working capital management. In the next weeks, we will take a deep dive into working capital management and its most important aspects. This week: the impact of economic downturn on working capital management.

Topics: performance gap, covid19, working capital management