Question

How can Old Mutual management address the immediate impact on liquidity in 2020? Specifically refer to the management of working capital (cash, accounts payable, and accounts receivables). General opinion and suggestion...May also be based on their online information.

Answer 1

Many management teams struggle to sustain good control over short-term cash flows and the working capital that drives them, however the COVID-19(IN 2020) crisis is unique in its combination of challenges making mitigation even more complex.

Mutual fund managers has experience supporting the complete spectrum of companies. From organizations experiencing a cash crisis to those looking to protect their business continuity and those looking at how to best engage stakeholders around COVID-19.

professionals provide deep knowledge combined with practical support to help clients manage their liquidity challenges including:

• Bringing cash under central control and visibility
• Building a portfolio of cash improvement actions and rigorous dynamic cash forecasting
• Protecting existing hard and soft credit
• Managing the liquidity impact of disruption between finance and operations
• Tightening controls around customer exposure and collections
• Reducing cash outflows through cost reduction and permitted payment delays

understanding that the COVID-19 crisis has posed multiple challenges for organizations everywhere. global network has delivered more than US$40 billion of increased cash flow to clients over the past 10 years. We have experience of building and analyzing cash flow forecasts to either clarify short-term liquidity requirements or help navigate medium- to long-term fund flows.