You are not alone facing a complete new situation. CFO Consult is at your side, also in times of crisis.
Of course, you have dealt with risk management. That is why you are quite familiar with terms such as underfunding, sales slump, lack of liquidity and insolvency.
However, it may seem surreal to you that these terms can also apply to your company and come across with such force. And all at once, at such a speed that it becomes difficult for you to assess the consequences. The crisis affects the entire economy what results in serious changes within the company itself and in relations to suppliers, debtors, banks or authorities.
The times when you could deduce the financial requirements from the business figures alone in your closet are over. Mistakes in your liquidity planning now have fatal consequences for your liquidity situation.
If you need further financing, you need up-to-date and valid liquidity planning.
- Where do you get the necessary information from?
- How quickly can you process it?
- What tools are available to you to obtain reliable information in time for decision-making?
Get CFO Consult at your side for crisis management. With my extensive experience from real estate and banking crises and various restructurings, I can help you with words and deeds.
Although many executives see the advantages of innovation in financial management, they do not find the necessary time due to daily business pressure and growing reporting requirements.
Maybe, you are one of them?
Are you a medium-sized company or start-up in a period of growth or internationalisation?
How is your company’s cash flow and are you, your owners, investors or business angels happy with it? Do you want to achieve more efficient work flows of your cash management?