How to manage cashflow during a recession?
Originally published: 18/03/2020 14:26
Last version published: 18/03/2020 15:25
Publication number: ELQ-35046-2
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How to manage cashflow during a recession?

One of business keystones during crisis is casfhlow management. Here are the right tools to use it.

Introduction

COVID SUPPORT: CASHFLOW PROJECTION MODELS FOR FREE!

AG Capital and CFOTemplates.com want to make a small contribution to the general society and businesses around the globe.
During times when cash is the king, we are sharing Cashflow Projection models for free, so that firms can correctly estimate payments schedules and sustain a business.

  • Step n°1 |

    Models are tested by time

    These models were developed by Andrew Grigolyunovich, CFA, the founder of CFOTemplates.com during the crisis of 2008. The firm he was working for as a CFO had enough funds but at one point of time their bank called in all the committed but not yet deployed funds. Since the company has already made commitments to suppliers and could not rely anymore on bank financing, the main strategy was to carefully plan the cashflow needs. Andrew developed a financial model as a daily tool to forecast supplier payments. This significantly helped to manage payment schedules, financial commitments and get over the crisis of 2008.

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