The Treasury and Working Capital Survival Guide
The world has changed rapidly in the last 30 days. The US economy went from setting a record for the length of the expansion to setting a record for the fastest recession in the history of the United States. Navigating through this gut-wrenching reversal requires decisive management action, focus, and speed. A critical component of this process is successfully managing working capital. Management teams must evaluate working capital needs and utilize working capital as a key resource to sustain ongoing business activities.