Cash Management

Careful management of cash is crucial to all businesses whether they are strong performing and suffering some form of financial distress.

Good cash management enables early reinvestment and the scope to generate investment returns.

In a distress situation the skill sets deployed are similar but the demands to generate cash and control outgoings become critical.

In tandem with an approach to creditors we will seek to gain a control over outgoings so that a proper assessment of cash needs can be undertaken.

We take a step back and look at the cash drivers by examining purchasing policies through the operation of the sales function and credit control. Armed with an understanding of the cash dynamics of the company we can introduce cashflow forecasting and monitoring to control the movement of cash through the business.