5 Working Capital Challenges to Tackle Before a Recession Strikes
The vast majority of CFOs predict their economies will be in recession by the end of 2020. What can your company do to prepare? Traditional measures like debt and cost cutting can often harm the business.
In this PrimeRevenue Perspective, we discuss the top five working capital threats companies are facing in the current economic climate and how supply chain finance can help. This includes how to:
- Diversify both short-term and long-term funding strategies beyond commercial lending
- Optimize working capital to mitigate risks tied to tariffs and trade policies
- Overcome the negative impacts Brexit will have on supplier bases
- Mitigate cost increases in logistics in order to invest more in revenue growth
- Meet demands for transformation while helping your suppliers do so, too.