Where cash pressure is extremely acute and requires very active management to ensure short-term survival, we support management team through:
- Rapid implementation of short-term forecasting improvements to improve visibility of cash requirements;
- Active cash management to ensure all possible means of cash generation is tapped to ensure survival;
- Implementation of effective short-term cash reporting for internal management and external stakeholders;
- Coaching, advisory support and hands-on assistance where required;
- Provide an independent view of cash requirements and cash management options.
This is often a necessary component in distressed situations in order to buy the time required to prepare, negotiate and execute a turnaround plan.