Reacting to Global Changes: Cash Management After COVID-19May 27, 2020
The depth and breadth of the COVID-19 pandemic has been unprecedented and it also forces banks and corporates to relook at new reality of work. Uncertainties and market turbulence bring about a higher degree of focus on cash forecasts and access to liquidity to deal with the financial volatility in the market.
With this, cash management has to go beyond simple processing of payables and receivables. it is paramount now more so than ever to look at digital solutions and technologies capabilities to optimize cash positions and working capital, accurate forecast cash flows and mitigate risks.