Short-time Work, Cash Monitoring, Demand Push & Production Adjustment: Everything at once?
In case your business is not about producing germicide, toilet paper or other stuff everybody seems to desperately need these days, it’s most likely your company is impacted by Corona in a threatening way. The changes and adjustments many companies need to make regarding revenue targets, dividend payments, production plans and staff because of COVID-19 are tremendous – and possibly threatening to their continued existence.
What can FP&A and Control departments do in these times to help? They need to assume their role as true business partners to the management, by gathering all information available (internal & external), running through different scenarios, comparing the outcomes and make recommendations on how to steer the business in these volatile times.
Check out our free resources with hands-on suggestions from Finance guys for FP&A experts. Watch a re-live online training of our CEO, who walks you through seven hands-on suggestions for FP&A experts to master the crisis, or read our respective Whitepaper. It’s on you to switch from passive ‘react’ mode to ‘drive’.
How we help our clients in times of Corona:
COVID-19 Aid related posts
Why Austrian LIST GC starts a CPM project during a global crisis. Whereas it’s obvious that we will understand the full impact of the current
This is the time for acting, for captains who know how to deal with storms. In case your company manages to economically survive times like