The IMF predicts the world economy will contract by 4.9% during 2020, and global economies are not expected to recover from the effects of the pandemic until late 2022.
However, effective cash flow management can help businesses withstand the impacts of the economic recession and ensure they are in the best possible position for growth when global economies begin to recover.
What support is available?
Cashflow apps: Float, Soldo and Chaser will be teaming up on the 8th of October to provide a webinar full of advice on cash flow management during a recession.
Joined by Cactus consultancy Managing Partner, Mark Probert, this panel is made up of cash flow management experts, ready to offer actionable advice and insights for yours and your clients’ businesses during this time of uncertainty.
What you’ll learn
During the webinar, you and and your clients can learn how to recession-proof your business with better cashflow management and Xero apps, including:
- Accurate cash flow forecasting
- Comprehensive spending and expense management
- Optimised accounts receivable processes
- General advice on best-practice cash flow management during the recession
How can I get involved?
You and your clients can register here.
The event will be hosted via Zoom on Thursday, 8 October at 10am. If you can’t join live, Chaser has said they are able to email you the recording after the event.
